Newsroom

June 27, 2006

Jun 27, 2006

DENVER, Jun 27, 2006 (BUSINESS WIRE) -- FORTUNE Small Business announced that again in 2006 Allied Motion Technologies Inc. (NASDAQ: AMOT) ranks among America's fastest-growing small companies. Allied Motion advanced from 91st on the fifth annual (2005) FSB 100 list to 33rd on FSB's 2006 list. The list, which is comprised of public companies, appears in the July/August issue of FORTUNE Small Business, available on newsstands July 4 and at www.fsb.com.

"Allied Motion Technologies Inc. is very pleased to again rank among America's fastest-growing small public companies. Overall, we rank at 33rd this year, advancing from 91st last year," said Dick Smith, Allied Motion's CEO. "Our three-year revenue growth average of about 49% ranks us at 9th on the FSB, and our three-year earnings growth rate of 64% ranks us at 35th. These results are a reflection of the dedication of all our employees in making Allied Motion successful."

Dick Warzala, Allied Motion's President & COO, added: "Our strategy is on track, and by once again being named by FSB as one of the fastest-growing small public companies, it is rewarding to be recognized for what we have accomplished. Through the implementation of AST (Allied Systematic Tools) in support of lean initiatives to continuously improve Quality, Delivery, Cost and Growth throughout the company, we will strive to once again improve our ranking in the FSB list for 2007."

To compile the list, FORTUNE Small Business asked financial research firm Zacks to screen annual reports for public companies with annual revenue of less than $200 million and a stock price of more than $1. Within that group, companies were ranked based on the past three years' earnings growth, revenue growth, and stock performance. Real estate firms and banks, which had begun to override the list in recent years, were not considered for the list.

Headquartered in Denver, Colorado, Allied Motion designs, manufactures and sells motion control products into applications that serve many industry sectors. Allied Motion is a leading supplier of precision and specialty motion control components and systems to a broad spectrum of customers throughout the world.

For more information about Allied Motion Technologies, please visit our website at www.alliedmotion.com.

SOURCE: Allied Motion Technologies Inc.

CONTACT:

Allied Motion Technologies Inc.
Richard Smith, 303-799-8520
or
Sue Chiarmonte, 303-799-8520
Fax: 303-799-8521