LSU SEI to Honor PreSonus for Second Consecutive Year as a Member of LSU 100
April 8, 2013
On Thursday, April 26, PreSonus Audio Electronics, Inc., will be honored as one of the 2013 LSU 100: Fastest Growing Tiger Businesses. PreSonus was previously named to the 2012 LSU 100.
The LSU 100 is hosted by the Louisiana State University Stephenson Entrepreneurship Institute (SEI), which is housed in the E. J. Ourso College of Business. The award is based on the company’s percentage of growth from 2009-2011. The complete list of 2013 honorees is available at www.lsu100.com.
“PreSonus is a successful Tiger-led business that we are proud to recognize in the 2013 LSU 100,” said Lisa O’Beirne, Director of Development for SEI. “We look forward to their continued growth and involvement with entrepreneurship programs at LSU.”
“We’re very excited about being included in this prestigious group for the second year in a row,” responded PreSonus cofounder and Chief Strategy Officer Jim Odom. “PreSonus was cofounded by LSU graduates, and a large part of our staff are LSU alumni. We have long enjoyed an excellent relationship with the university, so being honored by LSU SEI is especially gratifying. Of course we will continue to be actively involved with LSU entrepreneurship and other programs.”
Selection for the 2013 LSU 100 is a competitive process, where companies are individually measured on their compounded annual growth rate from 2009 through 2011 by Postlethwaite & Netterville, the independent accounting firm of the LSU 100.
In addition, PreSonus met the following requirements for inclusion in the LSU 100:
- Has been in business for five or more years
- Has verifiable revenues of $100,000 for 2009
- Has a former LSU student as owner of at least 50 percent of the company or as chief executive officer, president, or managing partner
- Operates in a manner consistent with the missions of LSU and SEI