San Diego-based Franklin Wireless Corp. (OTCBB: FKWL) announced it ranked number 232 on Deloitte's Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.
For the period measured by Deloitte, 2007 to 2011, Franklin Wireless' revenues grew 348 percent.
Franklin Wireless' president, OC Kim, credits the company's leadership position in the dual-mode (3G and 4G) USB modem market for the 348 percent revenue growth.
"We are proud to honor the 2012 Technology Fast 500 companies, and commend them for their outstanding growth," said Eric Openshaw, vice chairman of Deloitte LLP. "These ground-breaking companies have outpaced their competition and are reinventing the way we do business today."