iRobot Sixteenth on Forbes' List of "Best Small Companies"

iRobot has been named to Forbes magazine's just released list of "Best Small Companies in America." Ranked sixteenth on the list, iRobot was selected for its significant sales and earnings growth in a challenging economic environment.

"We are very pleased to be recognised as a high-performing company amongst such a remarkable group," said Colin Angle, chairman and chief executive officer of iRobot. "Now in our 20th year, we are proud of our role in helping to build an industry that has had such a profound impact on many lives. We look forward to what lies ahead in robotics as we continue to see tremendous growth opportunities for our home and government sectors worldwide."

To qualify for Forbes' "Best Small Companies in America" list, candidates must be publicly traded for at least one year, generate annual revenue between USD5 million and USD1 billion, and boast a stock price no lower than USD5 per share. The rankings are based on earnings growth, sales growth and return on equity in the past 12 months and over five years. Each company's stock performance compared with that of its peers was also factored in to compile the rankings.