FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)--Kingston Technology Company, Inc., the independent world leader in memory products, today announced it is celebrating twenty years in business. Founded on this date in 1987 with a single memory solution to an industry shortage, Kingston® now sells over 2,000 memory products and reached record company revenues of $3.7 billion (U.S.) last year.

“Twenty years ago, David and I went through a catastrophic financial disaster and out of this dark time, Kingston was born,” said John Tu, co-founder, Kingston. “Neither of us could envision what Kingston would be twenty years later. We still feel we have that ‘start-up’ spirit today. David and I think this company is unique. I can only attribute this to all the dedicated employees who work here at Kingston.”

“Kingston has grown and succeeded as a result of the efforts of our employees, vendors, and customers who together have made this company what it is today,” said David Sun, co-founder, Kingston. “These partnerships have seen us through good times and tough markets and the relationships we have developed over the past 20 years will endure for decades to come.”

    Kingston milestones include:

  • 1987: Kingston introduces alternative Single In-Line Memory Module (SIMM) to aid industry-wide memory shortage.
  • 1992: Ranked No. 1 by Inc. magazine as fastest-growing privately held company in the United States.
  • 1995: Reaches $1 Billion milestone with revenues of $1.3B
  • 1998-2002: Honored five years in a row as one of Fortune magazine’s “100 Best Companies to Work For.”
  • 1999: Kingston introduces ValueRAM® memory for white box system builders.
  • 2002: Launches HyperX® line of high-speed memory for gamers and PC enthusiasts.
  • 2003: Initiates major push into Flash Memory market as floppy disk era nears its end. Products introduced include CompactFlash®, Secure Digitalâ„¢ and MMC cards.
  • 2003-2006: Ranked No. 1 by independent research firm iSuppli four years in a row as top independent memory module manufacturer.
  • 2005: Marks $2 Billion milestone with record-breaking 2004 revenues of $2.4B
  • 2006: Passes $3 Billion milestone with $3.7B in 2006 revenues

Kingston now employs more than 4,000 people worldwide and ships its products to over 100 countries. For more detailed information visit the Kingston Web site at: www.kingston.com.