Recall Masters Named to Orange County Business Journal’s Fastest Growing Private Companies List
September 18, 2018, Laguna Hills, CA – Recall Masters, Inc., the leading provider of automotive recall news, data, training, and communications, today announced it has been named to the Orange County Business Journal’s annual list of Fastest Growing Private Companies. The list celebrates the entrepreneurial success of local businesses experiencing exponential growth.
Qualifying companies must be based in Orange County, be privately held and have seen a minimum of at least 15 percent sales growth over a two-year period beginning on June 30, 2016. Recall Masters topped the list with an impressive year-over-year growth. Revenue for the 12 months through June topped $6.4 million, skyrocketing 531% over two years. The percentage jump claimed the No. 1 ranking among small companies – annual sales under $10 million – according to the publication.
“This is a tremendous honor for us and really speaks to the performance of our team,” said Recall Masters’ COO and founder, Dan Beres. “We’re most proud of the work we’re doing to make our roads and highways safer for drivers and passengers. There is a huge recall epidemic in this country so it’s going to take great innovation to resolve. We’ve made a tremendous impact on the industry in developing the type of data, technology and communications that engages consumers and gets them to bring that vehicle into the dealership for the necessary repairs.”
With more than 1-in-4 vehicles on the road today with an open recall, Recall Masters has taken on an impressive challenge, most infamously driven by Takata airbag recalls. Vehicle recalls were featured prominently in the media a few years ago when the Takata airbag recalls were first announced. Since then, at least 15 drivers and passengers in the U.S. (23 total worldwide) have died, with more than 250 people injured because of the airbag inflators. Worldwide, 23 individuals have been killed by exploding airbags. These faulty Takata airbags use ammonium nitrate to inflate the device in the event of a crash. However, after extensive testing, it was discovered that the ammonium nitrate can become unstable over time, leading to inflators exploding with violent force. According to the results of the ensuing NHTSA investigation, if the defective airbag ruptures, it can spray sharp metal fragments directly at the driver and passengers, increasing the risk of death or injury.
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About Recall Masters:
Recall Masters is the leading provider of automotive recall news, data, training, and communications, dedicated to helping automakers and their dealers expedite the repair of recalled vehicles and make the roadways safer for everyone. Greater recall awareness and proactive recall management helps automakers protect their brand and build trusting relationships between automotive dealers, rental car agencies, auto auctions and consumers alike. Recall Masters is a privately-held company based in Laguna Hills, CA. To learn more about Recall Masters and comprehensive recall management, please call 888.651.4480, email firstname.lastname@example.org or visit www.recallmasters.com.
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