Inilex Named to Forbes’ List of America’s Most Promising Companies

PHOENIX -- (BUSINESS WIRE) -- Inilex^®, a leading provider of automotive theft recovery and telemetry systems, has been named to the prestigious Forbes America’s Most Promising Companies list. Selected from thousands of applicants, Inilex was recognized by Forbes as one of 100 privately held up-and-comers with strong sales and hiring growth, exceptional management teams, sizeable market potential and strategic partnerships.

Inilex has experienced substantial growth in the past year, rapidly gaining momentum among auto dealers and consumers, and continuing to expand its line of advanced vehicle-recovery solutions. It has assembled a strong management team and built upon the success of its flagship SkyLINK vehicle-recovery solution with the introduction of both consumer and fleet monitoring services.

“Being named to this impressive list of America’s 100 Most Promising Companies is an honor that recognizes the accomplishments of our entire team,” said Michael Maledon, CEO of Inilex. “Our development team has delivered state-of-the-art technology, and our sales and support teams have done an exceptional job in building loyalty with our customers. As we move into 2013, we are poised to expand our market share of customers looking for the most advanced theft recovery and asset management solutions in the automotive industry.”

Inilex was also recently named to the Inc. 5000 list, which identifies fast-growing companies.

Forbes received applications from thousands of companies vying to be named ‘America’s Most Promising.’ To select and rank the list, Forbes evaluated a slew of variables to determine the companies’ trajectories. It refined its search by partnering with CB Insights, a Manhattan-based data research firm that specializes in assessing private companies. CB Insight’s Mosaic software scans 45,000 sources to measure a company’s health. Mosaic gathered those myriad signals into a final score that Forbes uses as an initial guide in producing the list. After verifying sales numbers, speaking with each company and debating their merits and blemishes, Forbes produced its final ranking.

About Inilex

Headquartered in Phoenix, Inilex^® is the industry-leading provider of intelligent telemetry solutions. It combines the power of the Global Positioning System (GPS) with the flexibility of a best-in-class wireless messaging system to develop telemetry solutions for businesses and consumers alike. Inilex is online at www.inilex.com. The company was named one of the fastest growing companies in America in 2012 by the Inc. 5000 and its technology has won numerous awards including the Connected World 100.