American Sensor Technologies in Deloitte Technology Fast 50 Program

Aug. 13, 2004

American Sensor Technologies, a NJ-based manufacturer of MEMS-based pressure sensors, transducers, and transmitters, ranked fifth in Deloitte’s Technology Fast 50 Program for New Jersey, a ranking of the 50 fastest growing technology companies in the state by Deloitte & Touche LLP.  Rankings are based on the percentage of growth in fiscal year revenues over five years, from 1999 – 2003. “Over the past five years, our company experienced a 1746% percent revenue growth,” states Karmjit S. Sidhu, Vice President Business Development, American Sensor Technologies, “and we anticipate continued growth into the future.”

Common applications of AST sensor products are in industrial OEM, hydraulic systems, fuel cells, medical gases, HVAC/R, refrigeration (ammonia, Freon, CO2), oil & gas exploration and production, and off-road vehicles. For more information on AST products and technology, go to AST’s website at www.astsensors.com.

Winners of the 19 regional Technology Fast 50 programs in North America are automatically entered into the Deloitte Technology Fast 500 program, which ranks North America’s top 500 fastest growing technology companies. Winners of this program will be announced in October 2004.  For more information on the Deloitte Technology Fast 50 or Fast 500 programs, visit www.fast500.com.