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No. 692 M2M Communications Boise, ID

	Year	2008
	Industry	Manufacturing
	Founded	2002
	Growth	491.6%
	2004 Revenue	$385,085
	2007 Revenue	$2.3 million
	Employees	14
	Website	www.m2mcomm.com

What it does:
Designs and manufactures remote monitoring and control equipment for industrial and agricultural companies, and sells airtime for the equipment.

Why it's growing:
Each M2M remote comes with a cellular or satellite modem airtime account so the company generates revenue from the equipment as well as the airtime.

What's noteworthy:
Steve Hodges is proud of the fact that M2M Communications has taken no venture capital funding and is 100 percent employee-owned.