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SpectraSensors Ranked for the Second Year in a Row on Inc. Magazine's List of the Top 5000 Fastest-Growing Private Companies

Houston, TX (PRWEB) August 17, 2009 -- For the second year in a row, SpectraSensors, Inc. has been ranked on the Inc. 5,000 list of the fastest-growing private companies in the United States, with nearly 324 percent revenue growth from 2005 through 2008. SpectraSensors is a leading manufacturer and supplier of precision optical laser-based gas analyzers used by the natural gas, petrochemical, and atmospheric industries to improve efficiency and product quality.
 
SpectraSensors was founded in 2001 as a technology spin-off of the NASA/Caltech Jet Propulsion Laboratory (JPL) in Pasadena, Calif. The company uses tunable diode lasers (TDLs) to improve the quality and efficiency of natural gas and petrochemical processing and to conduct environmental monitoring in a host of clean tech applications. It enables customers such as Chevron (also an investor in the company), ConocoPhillips and BP to operate in a cleaner and safer manner while also helping to improve product yields.
 
Over the past six months, SpectraSensors has launched 35 new process applications for refineries, gas processing, LNG, olefins and petrochemical plants. The new applications include trace measurements of water, acetylene, hydrogen sulfide and carbon dioxide in a variety of process chemical streams.
 
In addition, SpectraSensors has developed its first ever 3-Pack analyzer system for natural gas markets which measures hydrogen sulfide, moisture and carbon dioxide, all in one solution system.
 
"We are just getting started," said George Balogh, CEO of SpectraSensors, Inc. "The technology is simply a better analytical tool than conventional process analyzers for a large number of applications where accuracy and reliability are critical."
 
Unlike other sensor devices, SpectraSensors' products provide continuous, real-time monitoring capabilities. They supply unprecedented reliability and speed and require virtually no maintenance. The company's standard products include moisture (H2O) sensors for atmospheric measurement, plus sensors that assess moisture and carbon dioxide (CO2) levels in natural gas as it is transported through pipelines. Process applications are available for the measurement of other compounds.
 
The Inc. 5000 is ranked according to percentage revenue growth from 2005 through 2008. To qualify, companies must have been founded and generating revenue by the first week of 2005, and therefore able to show four full calendar years of sales. Additionally, they have to be U.S.-based, privately held, for profit, and independent -- not subsidiaries or divisions of other companies -- as of December 31, 2008. Revenue in 2005 must have been at least $200,000, and revenue in 2008 must have been at least $2 million.
 
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Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today's innovative company builders. With a total paid circulation of 712,961, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at Inc.com.

 
About SpectraSensors, Inc.
SpectraSensors, Inc. is a leading manufacturer of optically based gas and moisture analyzers for analytical process markets. SpectraSensors uses Tunable Diode Laser (TDL) Absorption Spectroscopy in an array of products such as Ambient Air Monitoring, Moisture Analyzers (Hygrometers) and Gas Analyzers for Natural Gas Pipelines and Processors, Petrochemical Refineries and Chemical Companies. SpectraSensors' gas analyzers measure moisture (H2O), carbon dioxide (CO2), hydrogen sulfide (H2S), methane (CH4), ammonia (NH3) and more.
 

Media Contact
Jennifer Soto
Manager, Marketing Communications
SpectraSensors, Inc
jsoto@spectrasensors.com

Author: Jennifer Soto
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Category: company news | Sub Category: awards / recognition