SAN JOSE, Calif. (Oct. 20, 2017) – LILEE Systems specializes in the development and production of communication systems for use in the railroad industry. LILEE ranked #33 among the fastest growing privately held companies in the Bay Area by the Silicon Valley Business Journal on their 2017 Fast Private list. The company also appeared on the 2016 Fast Private List.
To be eligible for the list, companies must meet certain criteria: privately held for all three years covered by the award period, headquartered in the Silicon Valley; a privately held corporation, proprietorship or partnership through the end of the most recent fiscal year. They must have had: at least a three-year sales history with an increase in revenue in fiscal 2014 over 2016; at least $500,000 in sales in 2014 and have been in business for that entire year.
LILEE Systems is very proud to have been ranked among the top 50 list of the Silicon Valley’s fastest growing companies. It is a strong testament to LILEE Systems commitment to innovation in IoT, Systems Management, Passenger Wi-Fi, and Positive Train Control (PTC). Such awards and recognition brings additional responsibility to innovate and bring cost effective solutions to change the market dynamics.
LILEE Systems received the award during the 2017 Fast Private Awards dinner on October 19, 2017
"We are honored to be recognized as one of the 50 fastest-growing private companies in Silicon Valley for the second consecutive year" said Dr. Jia-Ru Li, LILEE Systems Chief Executive Officer. “One of the key aspects that has driven our company to where we are today is the fact that we work together with our customers as partners to create added value and help them achieve their business goals. LILEE has been successful in our ability to quickly identify customer requirements and implement proof of concepts to validate and realize immediate benefits. We go the extra mile not only for our customers but also for their customers.
About LILEE Systems:
LILEE Systems was founded in 2009 by industry leaders whose collective experience tops 85 years. Drawing on their extensive backgrounds in wireless communications, network routing and switching, and software defined radio, the founders ushered LILEE onto the market in 2011 in the wake of federal mandates about Positive Train Control. LILEE’s own PTC solution soon led the industry. Privately funded, the company now has more than 100 employees in its San Jose, CA, headquarters and its Taipei R&D office. It has expanded into the broader machine-to-machine market with solutions for passenger connectivity and a range of other broadband solutions.
For more information visit https://www.lileesystems.com or email us at info@lileesystems.com.
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