National Instruments among FORTUNE Top Employers for Fifth Consecutive Year
NEWS RELEASE -- Dec. 29, 2003 -- For the fifth consecutive year, FORTUNE magazine named National Instruments among the 100 Best Companies to Work For. "For five years FORTUNE has recognized the innovative and entrepreneurial culture that defines and differentiates National Instruments," said Dr. James Truchard, NI president, CEO and co-founder. "This honor underscores our commitment to our employees as a constant priority in both good and challenging economic times."From creating an award-winning culture focused on long-term employee success to pioneering virtual instrumentation with LabVIEW graphical programming, NI has revolutionized measurement and automation since its inception. These achievements stem from Truchards leadership and his 100-year plan that holds customer success, continuous improvement, innovation and long-term vision at its core. Based on key principles, Truchards 100-year plan empowers employees to balance entrepreneurial spirit with pragmatism and continuous improvement with breakthrough innovation. "We believe our greatest and most sustainable long-term competitive advantage is our culture and employees, who directly influence the continued success of the companys stakeholders," said Mark Finger, NI vice president of human resources. "Being selected for the FORTUNE list five years in a row demonstrates our consistent execution on this belief, which helped us build a sustainable culture that positions NI well for future success."How FORTUNE Chose the 100 BestThe Great Place to Work Institute compiles the list of best employers for FORTUNE each year. The institute surveyed a random sample of 46,526 employees from 304 candidate companies. Two-thirds of the decision is based on how these randomly selected employees respond to the independent survey measuring the quality of their workplace culture. The remainder of the score is based on the evaluation of company responses to several questions. For more information on the FORTUNE 100 Best Companies to Work For list, visit www.fortune.com.About National InstrumentsNational Instruments (www.ni.com) is a technology pioneer and leader in virtual instrumentation -- a revolutionary concept that has changed the way engineers and scientists approach measurement and automation. Leveraging the PC and its related technologies, virtual instrumentation increases productivity and lowers costs for customers worldwide through easy-to-integrate software, such as the NI LabVIEW graphical development environment, and modular hardware, such as PXI modules for data acquisition, instrument control and machine vision. Headquartered in Austin, Texas, NI has more than 3,000 employees and direct operations in 40 countries. In 2002, the company sold products to more than 25,000 different companies in more than 80 countries around the world. For the past four consecutive years, FORTUNE magazine has named NI one of the 100 best companies to work for in America.
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