May 29, 2004 – Communication Technologies Inc., (COMTek), a leader in delivering information technology and telecommunications solutions, announced recently that Black Enterprise Magazine, a national business publication, has ranked it as a leading broadband telecommunications service company.
The ranking was published in the magazine's 2004 Black Enterprise Industrial /Service 100. The BE 100s list features the largest black-owned businesses in the nation.
"We are honored to be selected for membership among the BE 100 – the largest black-owned businesses in the U.S.," said Joseph E. Fergus, COMTek’s president and CEO. "Throughout my career and from day one of launching COMTek, I stuck to my vision of building a company based on excellence with the highest technical and business performance standards in mind. This sound conviction, combined with commitment to hard work as well as a solid management team that embraced excellence as the standard, are the secrets behind COMTek's continued success. We look forward to building on this foundation as we strategically grow to the next level."
COMTek has been the subject of some controversy in the Virgin Islands. (See V.I. Officials: COMTek Licensed and Incorporated)
According to Black Enterprise Magazine, the winners of 2004 BE100 are "CEOs who ran thriving companies…and were prescient enough to foretell shifts in the business cycle. In fact, we consider this cadre of chief executives part of the new leadership of American business. They offer operational ingenuity and technical brilliance as well as vision and passion."
COMTek provides telecommunications broadband, network operations and maintenance systems integration, information security services and training and development to the public and private sectors. COMTek is also one of only a handful of firms capable of providing facility-based broadband services worldwide. In addition, COMTek is recognized as a leading-edge supplier by the U.S. Department of Defense and other mission-critical organizations such as IBM. Specifically, in 2003, COMTek tripled its revenue and increased the number of employees to the size of a major employer in the high-tech community with over 900 employees nationwide.
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