Innovative Solutions & Support, Inc. (NASDAQ:ISSC) announced today that the Company has been honored in the Greater Philadelphia Fast 50 listing for 2011. The Company received its award last night in Philadelphia at a ceremony sponsored by Deloitte & Touche, LLP. The Greater Philadelphia Fast 50 program recognizes and honors the technology, life sciences and clean tech industry growth and innovation in the region. The winners of the Fast 50 were selected based upon revenue growth over five years and ownership of proprietary intellectual property or proprietary technology that contributes to a significant portion of the company’s operating revenues.
Geoffrey S. M. Hedrick, Chairman and CEO of Innovative Solutions & Support, commented, “We appreciate this recognition for the ninth time in the fifteen year history of this award. Our company has long been a provider of technically advanced and innovative avionics products to the commercial, military and general aviation aircraft markets.”
About Innovative Solutions & Support, Inc.
Headquartered in Exton, Pa., Innovative Solutions & Support, Inc. (
), designs, manufactures, and markets flight information computers, electronic displays, and advanced monitoring systems that measure and display critical flight information. These systems include RVSM and airspeed, as well as engine and fuel data measurements.
Certain matters contained herein that are not descriptions of historical facts are “forward-looking” (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, those discussed in filings made by the Company with the Securities and Exchange Commission. Many of the factors that will determine the Company’s future results are beyond the ability of management to control or predict. Readers should not place undue reliance on forward-looking statements, which reflects management’s views only as of the date hereof. The Company undertakes no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.