Irvine, CA (April, 2008): From a database of nearly 21 million companies reviewed by Entrepreneur Magazine and Research provider CentrisPoint, CellWaves Inc was distinguished as one of the nation’s Hot 100 fast-growth businesses. CellWaves Inc ranks #32 on the list for its rapid sales growth and positive job growth, among other select criteria. The Hot 100 ranking appears in the May issue of Entrepreneur, on newsstands from April 22.

Of the nearly 21 million companies on the preliminary list, only 0.3% made the first cut, and just a fraction of those made it to the Hot 100, including CellWaves Inc.

CellWaves Inc started with an initial investment of just $40,000 with only 1 employee in June 1999. Touching a revenue of $4.9 million in 2003, and 11.8 million in 2006, we have clocked a growth rate of 138.1%. For the year 2007, we have recorded Sales of $6.8 million with just 7 employees. Its only our hard work, determination, honesty and dedication that have got us this far. We are extremely thankful to our customers for having grown with us. It is only because our customers have complete faith and a deep understanding of what we stand for and have to offer, that we have grown in leaps and bounds to be ranked among the Top 100 Fastest Growing companies in the US.

"This year’s Hot 100 listing reveals the shining stars continuing to drive the nation’s economy forward," says Karen Axelton, executive editor of Entrepreneur magazine. "These companies, and the entrepreneurs who built them, are making a major impact on the economy with their revenue and the new jobs they create as a result of their growth. The innovation, persistence and passion they demonstrate in industries across the board are vital to the nation’s success as a whole."

Entrepreneur magazine’s 14th consecutive ranking of America’s top fast-growth companies revealed businesses with total combined revenue of $4.6 billion in 2007. The Hot 100 are expected to employ more than 15,000 individuals by 2009, an increase from a total of 517 employees on their first day of business. And of the companies ranked, 91 offer employees health insurance, 73 provide retirement funds, 42 offer tuition reimbursement and 40 offer flextime.

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After 30 years, nobody reaches more growing businesses. As the original magazine for the small and midsize business community, Entrepreneur continues to be the definitive guide to all the diverse challenges of business ownership. Entrepreneur.com is the most widely used website by entrepreneurs and emerging businesses worldwide. Entrepreneur Press publishes the books that turn entrepreneurial skills into business success.

To learn more about the Top 100 listing, visit www.entrepreneur.com/hot100