LXE Inc. announces record fourth-quarter revenues

LXE Inc., a leading manufacturer of rugged wireless computers that improve the performance of supply-chain execution applications, has set a new record for fourth-quarter revenues, and that it exceeded $100 million in annual revenues for the first time in its history.

Jim Childress, LXEs president and general manager, notes, "We had another record year in a market that most industry experts describe at best as flat. This makes three straight years of record revenue growth, and five straight record year-over-year quarters. When the final numbers are tallied I'll expect to see a sizeable jump in our market share."

LXEs markets in the Americas and Europe remained great sources of new orders, and the division also expanded business in the Pacific Rim, specifically in Australia and Singapore.

LXEs reputation for rugged reliable products and the best service and support in the industry grew in 2003, with the company earning a second-consecutive Mobile Star Award for the industry's best customer service. In addition, LXE was named the service and support leader in an independent study by Moore & Symons for the second consecutive year.

"The word that best describes LXE right now is momentum, says Peter Fausel, senior vice president, Sales & Marketing. We heard this from our Partners at our recent Elite Value Added Reseller (VAR) council meeting, and we're hearing it from our customers.

In 2003, LXE launched its new partner and service programs, PartnerPass and ServicePass. Also in 2003, LXE introduced two new Windows CE-based handheld computersthe MX5 and MX6.

We accelerated the incorporation of RFID and speech recognition into our standard products, says Bill Roeder, senior vice president and deputy general manager for LXE, and 2004 appears to be picking up where 2003 left off with several new products soon to be announced as well as continued expansion of our RFID capabilities."