FiberPlex Among the Finalists in Circle of Excellence Awards, Baltimore's Top-Rated Companies
Fiber optics innovators recognized for growing revenues 176 percent and introducing 30 new technology products since 2011.
Annapolis Junction, Maryland, December 2, 2016 (Newswire.com) - FiberPlex Technologies announced today that its CEO Buddy Oliver and partner/CFO Cyndi Peters were finalists in the 2016 Baltimore SmartCEO Circle of Excellence Awards program recognizing the region’s most accomplished business leaders.
Known for his thought leadership, Oliver is a second-generation innovator in fiber optics communications and connectivity who assumed the role of CEO in 2011 and, along with co-owner and CFO Cyndi Peters, a seasoned entrepreneur, expanded the FiberPlex brand into commercial and industrial markets. FiberPlex was originally co-founded in 1987 by Harry Oliver Jr, and throughout the following decades has become a leader in TEMPEST technology and secure communications for military operations.
All our employees know it's okay to fail, it's okay to make a mistake. We don't want people to live in fear of making a mistake because we feel that a mistake is an opportunity to improve.
Buddy Oliver, CEO
Since the start of FiberPlex Technologies, LLC in 2011, Oliver and Peters have saved the original 14 jobs, grown by three employees, cut costs by more than 25 percent and grown revenues by 176 percent compared to the final year of FiberPlex Inc. In just five years, the company has introduced 30 new technology products to the market.
Innovation, according to Oliver, begins with creating a corporate culture that allows for risk-taking. “All our employees know it’s okay to fail, it’s okay to make a mistake. We don’t want people to live in fear of making a mistake because we feel that a mistake is an opportunity to improve,” comments Oliver. (View the full video here.)
Companies are selected for the Circle of Excellence award from all size and industry categories, public or private. Finalists are profiled in the November/December issue of SmartCEO magazine and recognized at an awards reception in November.
FiberPlex makes fiber optic products and systems for educational facilities, government agencies, houses of worship, corporate facilities and broadcast applications.
About FiberPlex Technologies, LLC (www.fiberplex.com)
FiberPlex Technologies, LLC is the Global Leader in Secure Digital Communications. The FiberPlex brand has been engineering, manufacturing and delivering secure fiber solutions to the US Government for over a quarter of a century and share that expertise with commercial and international markets. As experts in the industry, we assist all sorts of agencies, businesses, campuses, broadcasters and live production firms on how to leverage technology to solve complex communication and security problems. Supplementing a complete line of off the shelf products, FiberPlex creates custom products for clients quickly and efficiently, making them available as “off-the-shelf” – reducing procurement headaches.
Source: FiberPlex Technologies