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Spectraforce wins 2011 Triangle Business Journal's Fast 50 Award

(Raleigh, NC) Triangle Business Journal unveiled its 2011 Fast 50 Awards list of the 50 fastest-growing private companies in the Raleigh-Durham area in November 2011.

Spectraforce Technologies Inc. has ranked # 3 for the Triangle Business Journal's 2011 Fast 50 Award. Spectraforce is now recognized as one of the top five fastest-growing private companies in the Raleigh-Durham area.

The Fast 50 winners were selected and ranked based on a formula that counts revenue growth and profitability in the preceding three years (2008-2010). The numbers are crunched and analyzed by PricewaterhouseCoopers, a Fast 50 partner for almost a decade.

About Triangle Business Journal

Triangle Business Journal, a weekly business newspaper, is the leading provider of local business news for the Raleigh-Durham-Chapel Hill area of North Carolina. Triangle Business Journal also publishes special publications, such as SPACE, TBJ magazine and Book of Lists. In addition to producing an award-winning news product, TBJ hosts recognized sold out events, such as Fast 50, Women in Business, 40 under 40, the GREEN Awards and others. At trianglebusinessjournal.com, you will find daily breaking business news, nomination forms for awards, business event listings and resources for those driven to lead in the Triangle region.