UpLink overcomes growth challenges to achieve FAST 50 ranking and 100% employee retention rate
AUSTIN, Texas (November 9, 2006) – UpLink Corporation (UpLink), the only provider of widescreen and dashview GPS golf business solutions, received a FAST 50 revenue award from Austin Business Journal. UpLink was ranked as the 12th fastest growing company in Austin based on percentage growth from 2003 to 2005. During this period, UpLink recorded actual growth of 211.73% along with compounded annual growth of 76.56%.
"To receive a fast 50 ranking for a period when we had to overcome significant growth challenges, including limited investor funding, is extremely rewarding," comments Glenn A. Pierce, Jr., president and CEO of UpLink.
Continues Pierce, "We could not have achieved this success without the commitment and tenacity of our employees and their confidence in our vision to help golf courses across North America increase their bottom line with our revolutionary GPS business solutions." During the 2003-2005 period, UpLink achieved a 100% employee retention rate and added 15 new employees to its team.
Since 2005, UpLink has continued to grow, recently announcing a record first quarter for FY2007. This continued success is due in large part to the 2006 launch of its revolutionary INOVA GPS Golf Business Solution, the industry’s only integrated golf car GPS system complete with widescreen displays that can be attached to the car roof or seamlessly integrated into the dash.
UpLink senior vice president of sales, Mike Cronin, explains, "INOVA helps golf courses across North America run their businesses and golf car fleets more efficiently, attract more golfers and ultimately generate more revenue. With high adoption rates, including 12 golf courses installing INOVA in just the first quarter of FY2007 alone, we expect continued strong revenue growth for UpLink."
The Austin Business Journal Fast 50 awards are held annually and recognize Austin, Texas-based companies that have achieved revenues of at least $500,000 in 2003 and have recorded the highest percentage growth from 2003 to 2005 based on annual revenues. All financial figures are reviewed by independent accounting firm, PricewaterhouseCoopers.
For more information on UpLink, please visit www.uplinkgolf.com or contact Corrine Perry-Rotan at cperry@uplinkgolf.com or 512-637-4884.
About UpLink
Since 1998, Austin, Texas based UpLink Corporation has developed innovative GPS-based business solutions to help golf courses, clubs and resorts across North America engage their golfers, secure their fleets and transform their bottom lines. Considered the fastest growing GPS golf solutions provider in North America, UpLink’s solutions are installed at renowned courses including Walt Disney World Resort and Poppy Hills Golf Course. This year, UpLink introduced a completely new point of view on GPS with INOVA, a total GPS golf business solution offering a number of industry firsts including integrated widescreen dashview or roofview GPS displays, multimedia audio, integrated maintenance vehicle tracking applications and multi-event GPS advertising.
Committed to assisting courses in generating revenue while controlling costs, UpLink offers a turnkey sponsorship program to help courses transform GPS advertising into long-term profit centers. The last 20 courses to use this program averaged over $78,000 in advertising revenue. Moreover, UpLink offers the only GPS solutions with intelligent car control options, addressing key issues of golfer safety, car theft and course damage. Committed to GPS golf industry innovation, UpLink owns a number of patents and is the exclusive GPS partner to leading golf car manufacturer, Club Car, Inc. For more information, visit www.uplinkgolf.com.
Contact:
Corrine Perry-Rotan
Marketing Communications Manager
cperry@uplinkgolf.com
Tel: 512.637.4884
Fax: 512.637.4801