LIVINGSTON, Scotland –September 19, 2011 – memsstar Limited, a leading provider of deposition and etch equipment and process expertise to the micro-electrical mechanical systems (MEMS) and semiconductor industries, today announced that it has been named the 20th fastest-growing technology company in the UK in The Sunday Times Microsoft Tech Track 100 for 2011.
From The Sunday Times Tech Track Ones to Recognise:
This Scottish company makes equipment for manufacturers of silicon chips. It grew its sales 94% a year, from an annualised £1.2m in 2007 to £8.8m in 2010, as it moved into microchips that are able to respond to movement and are used in computer games consoles and smartphones.
The 11th annual Tech Track 100 league table ranks Britain’s fastest-growing private technology, telecoms and digital media companies by their average sales growth over their latest three years, depending on available accounts. Tech Track 100 is compiled by Fast Track, the Oxford company that researches Britain’s top-performing private companies and organizes invitation-only dinners for their owners and directors to network and meet its sponsors.
Reproduced by permission. Copyright The Sunday Times Tech Track Ones to Recognise.