American Sensor Technologies Wins New Jersey’s Finest Private Companies Award
FOR IMMEDIATE RELEASE
Media Contact: Greg Montrose/ 973-448-1901/ gwmontrose@astsensors.com
AST Contact: Michael P. Eldredge/ 973-448-1901/ mpeldredge@astsensors.com
 Press Release PDF |
Landing, NJ - September 22, 2004
American Sensor Technologies, a manufacturer of state-of the- art, MEMS-based pressure sensors, transducers, and transmitters based in Landing, NJ, is a recipient of New Jersey’s Finest Private Companies Award for 2004.
Sponsored by NJBIZ magazine, the New Jersey’s Finest Private Companies Award Program honors the state’s top 25 fastest growing privately held companies. Award criteria is based on specific business achievements including: employment growth, attainment of special goals, revenue increases, relationship to state’s economy and challenges overcome. Companies must be privately held, headquartered in New Jersey and in business for at least three years.
“AST is very honored to be recognized for its business achievements with this prestigious award,” states Karmjit S. Sidhu, Vice President Business Development, American Sensor Technologies. “With our integrated product technology approach to satisfy customers’ specific and unique requirements, we’ve have been able to grow both in revenue and staff in the highly competitive sensor market. We are also highly committed to the development of new nano-technologies.”
Incorporated in 1997, American Sensor Technologies serves the world’s most highly respected Fortune 500 corporations with MEMS-based pressure sensor products. Common applications of AST’s sensor products are in industrial OEM, hydraulic systems, fuel cells, medical gases, HVAC/R, refrigeration, oil & gas exploration and off-road vehicles. Founded by a professional management team with more than 60 years combined relative industry experience, the unique and complimentary talents of the management team assures the Company’s ability to manage fast-paced business growth while sustaining the frequent introductions of new technologies and products.
“With the support of the New Jersey Economic Development Authority and the New Jersey Small Business Administration, American Sensor Technologies has attracted the interest of technology partners such as Princeton University and New Jersey Institute of Technology, which have granted us exclusive access to certain research facilities for the development of new nanotechnologies,” notes Sidhu. “The result of these development will open the door for AST to new emerging sensor applications in industrial, automotive, medical and commercial markets.”
For more information on AST products and technology, please refer to the Company website at www.astsensors.com.