Comarco Honored With Clarus Award in Recognition of Its Technology Leadership From MDB Capital
Comarco One of Five Companies to Receive the Clarus Award for Technology Leadership, Ranking First in the Consumer Category
LAKE FOREST, Calif., May 21 /PRNewswire-FirstCall/ -- Comarco, Inc. (Nasdaq: CMRO) today announced that it has received the Clarus award for technology leadership in the Consumer category from MDB Capital. The award was presented at MDB Capital's First Annual Bright Lights Conference held last week in San Francisco, the first investor conference to focus exclusively on companies with disruptive and market changing intellectual property.
"We are honored to be recognized by MDB Capital for our technological innovation," said Sam Inman, president and CEO. "Comarco's unique technical solutions and small form factor design have established our mobile power products as the preferred choice of corporations and individual users. Our intelligent, multiple device charging SmartTip® and proprietary small form factor technologies, as well as other technical innovations, are supported by 42 patents. As a result, our newest generation ChargeSource® power adapters currently shipping are 40% smaller than conventional adapters and can power over 15,000 models of notebook computers and thousands of low power electronic devices. Innovation has been the key to our success in expanding our customer base and achieving 96% revenue growth in fiscal 2010. We continue to focus on developing innovative technologies to drive further growth revenues and enhanced profitability in fiscal 2011."
Comarco's award was based on MDB's proprietary PatentVest® Tech Score, which ranks Comarco in the top 5% across a spectrum of the quantitative metrics, as well as additional factors including the significance of the technology within the industry, product innovation, and unique competitive advantages.
The inaugural Bright Lights Conference showcased 50 of the most innovative public companies ranked in the 90th percentile for technology leadership from over 1,600 micro-and small-cap companies with U.S. patents, as rated by PatentVest. The companies were scored, ranked and analyzed on the basis of their rate of innovative change, novelty, quality and industry impact of their patents – metrics that MDB believes can be correlated to benchmark financial performance.
About Comarco
Based in Lake Forest, Calif., Comarco is a leading provider of innovative mobile power solutions through its ChargeSource® line of multi-function universal mobile power products which can simultaneously power and charge multiple devices such as notebook computers, mobile phones, BlackBerry® smartphones, iPods®, and many other rechargeable mobile devices. More information about Comarco and its products can be found at www.comarco.com and www.chargesource.com.
SOURCE Comarco, Inc.
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