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FRGO Fargo Electronics (MM)

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Share Name Share Symbol Market Type
Fargo Electronics (MM) NASDAQ:FRGO NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
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Fargo Electronics Named to Forbes List of 200 Best Small Companies; Company's Strong, Sustained Financial Performance Earns Debu

19/10/2005 11:30am

Business Wire


Fargo (NASDAQ:FRGO)
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Fargo Electronics, Inc. (NASDAQ:FRGO), a global leader in secure technologies for card identity systems today announced its naming to the Forbes Magazine List of "200 Best Small Companies," its first inclusion in the annual ranking. Forbes.com describes the list as, "solid and consistent hitters that have performed well when measured over the last 12 months and the past five years, and are poised for another growth spurt." The list includes companies with annual revenues from $5 to $750 million, net profit margins greater than 5%, and share prices above $5 as of Sept. 29, 2005. The companies were ranked based on return on equity, sales and EPS growth over time. "Being named to the Forbes list is a tribute to the hard work of our associates, suppliers, technology partners, integrators and board of directors," said Gary Holland, Fargo president and CEO. "Their teamwork will lead the way for our continued success." About Fargo Founded in 1974, Fargo Electronics is a global leader in the development of secure technologies for identity card issuance systems, including secure card printer/encoders, materials and software. The company has sold more than 100,000 systems in the U.S. and over 80 other countries worldwide. Fargo card issuance systems reduce vulnerabilities and potential for loss of time, money and lives by continually improving the security of identity credentials. Fargo provides physical, information and transaction security for a wide variety of applications and industries, including government, corporate, national IDs, drivers' licenses, universities, schools and membership. Based in Minneapolis, Minn., Fargo markets its products through a global distribution network of professional security integrators. For more information about Fargo, visit www.fargo.com.

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