|
Article Excerpt CLIFF BROWN AND RUSS FARMER OWN and run ADA Technologies Inc., a Littleton company with 35 employees. ADA has grown steadily at a 30 percent per-year clip since 2000--straight through the national recession of 2001 and through the Colorado recession that has lingered through 2002, 2003, 2004 and into 2005. The firm uses federal business-development grants to turn technology research into commercial products, and its growth rate is as much a testimony to its success as any other indicator could be.
Both Brown and Farmer anticipate that 2006 will be an even better year for their small business. ADA opened a Wyoming office in November, and Farmer said ADA's revenues in 2006 could grow by more than 50 percent next year.
[ILLUSTRATION OMITTED]
Over the life of the 20-year-old company, ADA has generated almost $47 million in revenues; it has been granted 17 patents for its technology; and, in September, had six to 12 more patents in development.
Brown and Farmer, winners of a ColoradoBiz Top Company award in 2005, were among almost a dozen executives of Colorado firms who participated in the magazine's annual economic-forecast roundtable, a discussion of firms' past...
|
|

More articles from ColoradoBiz
Barney Feinblum: a natural for the natural-products industry.(Executiv..., December 01, 2005
Looking for additional articles?
Search our database of over 3 million articles.
Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication
name or publication date.
About Goliath
Whether you're looking for sales prospects, competitive information, company
analysis or best practices in managing your organization,
Goliath can help you meet your business needs.
Our extensive business information databases empower business
professionals with both the breadth and depth of credible,
authoritative information they need to support their business
goals. Whether it be strategic planning, sales prospecting,
company research or defining management best practices -
Goliath is your leading source for accurate information.
|
|