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Lake Forest, Calif., October 20, 1999 - iBASEt (Information Based Technology), a leading provider of paperless manufacturing execution systems (pMES) for the shop floor, has been ranked #100 on the 1999 Inc. 500 list of America's fastest-growing privately-held companies.
Vic Sial, President of iBASEt, commented, "The value proposition presented by iBASEt's pMES solution has resulted in its adoption by various leading manufacturers like Boeing and Motorola. In addition, with the focus on Y2K compliance almost over, manufacturers are now actively investigating alternative enabling technologies to maximize the ROI from their ERP investments."
To be eligible for the Inc. 500, companies have to be independent and privately held through 1998, have at least $200,000 in sales in the base year, 1994, and their 1998 sales must have exceeded their 1997 sales. The ranking is based on the percentage increase in sales from 1994 through 1998.
iBASEt, founded in 1986 as TSI, is a leading provider of high-tech software solutions and services through its three divisions - Solumina, Federal and Strategic Services Division. iBASEt's Solumina Division pioneered the first image-based work instruction system in the discrete, complex assembly markets. Users report by making the shop floor paperless, iBASEt's Solumina pMES solution has significantly improved productivity, increased throughput, and provided cost savings in the millions of dollars per year. iBASEt's URL is http://www.iBASEt.com.
Inc. is the leading magazine written for men and women who own and manage small-to mid-sized, fast growing companies. Published 18 times per year, Inc. helps its 2 million readers by providing expert advice and practical solutions as they face the opportunities, pitfalls and rewards of growing a company.
iBASEt Marketing contact: Conrad Leiva (949) 598-5200 or email cleiva@iBASEt.com
iBASEt contact: Vic Sial, President at vsial@iBASEt.com
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