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No. 562   Ultraflex International

Ronkonkoma, NY

Year 2007
Industry Business Services
Founded 1993
Growth 557.4%
2003 Revenue $606,750
2006 Revenue $4.0 million
Employees 8
Website www.ultraflex.net

What it does: Designs and develops new industrial and medical products for clients, such as medication heaters and power supplies.

Why it's growing: Has a competitive advantage because it provides full service to clients, assisting them with both electronic design and contract manufacturing; more small businesses are outsourcing manufacturing.

What's noteworthy: CEO Mario Metodiev expanded his business from design to manufacturing services at a client's suggestion, and is now selling to Johnson & Johnson, Respironics, and Siemens.

Read this company's extended IncBizNet profile.

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