Space Micro Inc Receives San Diego Business Journal's "Fast 100" Fast Growth Award for Fourth Consecutive Year

SAN DIEGO, CA - October 22, 2009 - Space Micro Inc. was honored as one of the San Diego Business Journal's "100 Fastest Growing Private Companies" for calendar year 2008. The list is comprised of the top 100 companies with the highest growth of revenues from 2006 to 2008 in San Diego County. The San Diego Business Journal found a few key elements in common amongst the 100 winners including: flexibility, attention to market demands, and customer satisfaction.

Space Micro's CEO David J. Strobel, expressing his appreciation for the award, commented, "On behalf of our Space Micro team we are honored to have received this award for the fourth consecutive year. We always make it a priority to give our customers the best value proposition, and to be awarded for doing so is especially gratifying. We are now positioned for continued rapid growth in both revenue and hiring in 2009-2010."

Since its inception, Space Micro has experienced continuous rapid growth with such clients as Raytheon, Orbital Sciences, Goodrich Aerospace, Boeing Space, L3 Communications, SAIC, NASA, Lockheed Martin, Missile Defense Agency, and the United States Air Force. Space Micro has grown from a small startup company in 2002, to a company currently employing over 30 professional engineers. They have significantly increased their space product line, and have grown from one to four separate divisions: Space Electronics, Microwave and RF, Advanced Materials, and Domestic Security. With this growth, each division has its own unique products and services to offer the customer base. Other awards Space Micro has received include: Inc. 5000 for fast growth, Tech America Emerging Growth nominee, finalist for CONNECT's "Most Innovative Product", and San Diego Business Journal's "Best Places to Work Award."

About Space Micro Inc.

Founded in 2002 as a satellite technology research and development company, Space Micro Inc. is a leader in taking technologies from the commercial sector and applying these to meet the needs of the space, aerospace, and military markets. Space Micro is a pioneer in providing radiation-hardened by design solutions for advanced electronic systems and microelectronics, including the development of the world’s fastest radiation hard small space computers such as the Proton200k™. Other Space Micro innovations include the Proton300K™, TTMR™, HCORE™, and Radsite™. Space Micro is an employee-owned company based in San Diego, CA, USA.

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