LILEE Systems Named 179th on Inc. 500 List for 2016; Growth to Continue in 2017 with New IoT Products, Partnerships, and Global Expansion

 America's Fastest Growing Private CompaniesAccelerating into 2017, Continued Growth Expected from New IoT Platform in Autumn, Cisco Partnership in IoT, Solutions Partnerships Program for Vertical IoT Offerings, and Geographic Expansion in Asia

SAN JOSE, Calif. – August 18, 2016LILEE Systems, a provider of advanced wireless communication solutions in industrial IoT, announced today that Inc. magazine has listed the company as number 179 on its annual Inc. 5000, the most prestigious ranking of the nation's fastest-growing private companies. The company has generated more than 2,000 percent revenue growth during the last three years, and is ranked second among the top telecommunications companies in the Inc. 5000.

LILEE’s focus on the Industrial Internet of Things (IoT) builds on the company’s leadership in mobile connectivity technology. LILEE’s high-reliability connectivity and mobile gateway platforms enable remote devices to realize the full potential of LILEE’s T-Cloud services and third-party cloud service offerings. Reliability of the broadband link for data aggregation or diversity is essential to meeting customer expectations and service level commitments. LILEE provides best-in-class reliability through integration of the latest Wi-Fi, LTE and LTE Advanced, broadband mesh network, and emerging connectivity protocols.

No2 Top Telecommunications Companies logoRecognized for its best-in-class solutions, leading IoT, networking, and system integrators have partnered with LILEE. Among these, Cisco’s IOT Business Unit recently began offering LILEE platforms. LILEE’s partnership with Cisco enables Cisco VARs and systems integrators to buy LILEE products through Cisco and seamlessly integrate them into a Cisco environment. Looking beyond basic connectivity from low-end competitors such as Cradlepoint, LILEE is offering more robust solutions to its partners. LILEE’s partnership expansion program that commenced in 2015 has led to 10 new channel partnerships since January, with additional partnerships anticipated through 2017. To contact LILEE about partnership, visit LILEE Systems. LILEE is partnering with industry leaders in retail, manufacturing, transportation, first responders, K-12 education, smart cities, and commercial fleet management.

“Our customers and partners depend on our innovative, high-quality, and high-reliability solutions,” said Jia-Ru Li, Founder and CEO, LILEE Systems. “Our Inc. 500 listing is the result of our expanded product offerings and strong sales to some of the largest enterprises in North America. In just three years’ time, LILEE has gone from delivery of its first product to enabling customers to manage over $60B of assets with our network equipment, software, and services. As we bring our expertise into new market segments and regions, we are focused on creating new business and capturing more market share. LILEE recently announced sales expansion in Europe and Asia. The company has already begun multiple projects in these regions, with significant announcements anticipated in Q4.”

To continue its growth, LILEE is accelerating development of new hardware and software products, with its next major platform announcement set for September. In June, LILEE announced its T-Cloud based software offerings: the enterprise Systems Management Suite and the virtual LILEE Mobility Controller (vLMC).

"The Inc. 5000 list stands out where it really counts,” said Inc. President and Editor-in-Chief, Eric Schurenberg. “It honors real achievement by a founder or a team of them. No one makes the Inc. 5000 without building something great – usually from scratch. That’s one of the hardest things to do in business, as every company founder knows. But without it, free enterprise fails.”

To schedule an in-person meeting with LILEE for demos of its latest products, please contact LILEE Systems. For more information about LILEE Systems or its IoT hardware and software solutions, visit lileesystems.com.

The 2016 Inc. 5000:

Inc. 500The 2016 Inc. 5000 is ranked according to percentage revenue growth when comparing 2012 to 2015. To qualify, companies must have been founded and generating revenue by March 31, 2012. They had to be U.S.-based, privately held, for profit, and independent as of December 31, 2015. The minimum revenue required for 2012 is $100,000; the minimum for 2015 is $2 million. The top 500 companies on the Inc. 5000 (the Inc. 500) are featured in Inc.'s September issue.

About LILEE Systems:

LILEE Systems delivers integrated, open, and reliable industrial IoT wireless connectivity solutions incorporating hardware, software, and services for fleet management, telematics, cargo services, and safety. LILEE’s T-Cloud is a unified, virtualized platform to support asset management and analytics for sensors and field communications across multiple vertical markets. LILEE is headquartered in Silicon Valley, with offices in Taipei and Amsterdam.

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For Sales and Partnership inquiries, contact:

LILEE Systems
+1 (408) 988-8672
info@lileesystems.com

For Press inquiries, contact:

Victoria Guimarin
+1 (415) 397-7600
lilee@upraisepr.com

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