Timberline Connectivity Ranks 35th on the Fastest Growing 100 Private Companies in Oregon

06/15/2003

Portland OR. – June 15, 2003 – Timberline Connectivity ranked as one of the fastest growing private company in Oregon and based on revenue growth from 2000 – 2002. The list of the fastest growing 100 private companies in Oregon was conducted by the Business Journal newspaper and verified by PricewaterhouseCoopers.

Timberline Connectivity, a fiber optic product and component manufacturer, generated revenue growth of 97.47 percent over the last three years running. To qualify for the list, companies must be privately held and have year 2000 revenues in excess of $200,000. In the year 2000, Timberline Connectivity generated $850,000 in revenue from the manufacturing and assembly of fiber optic products. Revenues increased to $ 1.7 million in 2001 and $ 1.8 million in 2002. By focusing on providing US manufactured product, shorter lead times, and superior customer service, Timberline Connectivity has recognized double digit quarterly revenue growth since our inception in 1997.

“Producing superior quality fiber optic products has become a necessity; cheaper products can be sourced overseas, but we’ve seen a substantial difference in the level of quality,” said Eric Meslow, president of Timberline Connectivity. “We have been very fortunate to have achieved the level and consistency of growth with the market conditions as they are,” Meslow said. “We are honored to be among the fastest growing 100 private companies.”

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