Middlesex Water Company Named One of America's 100 Fastest-Growing Publicly Traded Small Companies
ISELIN, NJ -- (MARKET WIRE) -- 07/13/09 -- Middlesex Water Company (NASDAQ: MSEX), a provider of water and wastewater services in New Jersey and Delaware, today announced it has been named to the "FSB 100" list of "America's Top Small Businesses" by Fortune Small Business magazine. The complete list appears in the July/August 2009 issue of Fortune Small Business magazine or online access is available at http://money.cnn.com/magazines/fsb/fsb100/2009/full_list/
"Middlesex Water is honored to be recognized as a part of the Fortune Small Business 100 fastest-growing small public companies," said Dennis W. Doll, president and chief executive officer. "Our ranking among the brightest stars in small business reflects the continued growing interest in the investor-owned water and wastewater industry and it highlights the opportunities in this industry to build long-term shareholder value. Our family of companies share in this honor which is reflective of the dedication and service provided by each and every employee," added Doll.
To qualify for the "FSB 100" list, companies must be a U.S. domiciled firm with annual revenues of less than $200 million and a stock price of more than $1. The small-cap companies were ranked based on revenue growth and stock performance over the past three years. Middlesex Water is ranked 89th on the FSB 100.
About Middlesex Water Company
Middlesex Water Company, organized in 1897, provides regulated and unregulated water and wastewater utility services in New Jersey and Delaware through various subsidiary companies. The Company has paid cash dividends in varying amounts continually since 1912. Middlesex Water has a Dividend Reinvestment Plan under which dividends and optional cash payments can be used to purchase additional shares of Common stock. For additional information regarding Middlesex Water Company, visit the Company's web site at www.middlesexwater.com or call (732) 634-1500.
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Contact: Bernadette Sohler Vice President - Corporate Affairs Middlesex Water Company (732) 638-7549 bsohler@middlesexwater.com
