Letter from the President
Dear Customers and Friends of Radian Research:
Our company has been granted numerous patents from research of new power and energy measurement technologies of which we then develop electrical measurement instruments offering accuracy levels that are arguably the best in the world. We are a company founded upon innovation. Our product portfolio includes a variety of test and measurement instruments that are sold in over 50 different countries each year and play a cornerstone role in maintaining the integrity of the watt-hour for electricity commerce worldwide. We are Radian Research, Inc. and we are Power and Energy Measurement Specialists.
In 2008 Radian Research created a trust and implemented an Employee Stock Ownership Plan. As a 100% ESOP corporation Radian’s employees at both the Lafayette, Indiana and Pearl, Mississippi facilities are beneficial owners. Every effort by every employee helps to advance the company while also advancing the value of their personal retirement accounts from the ESOP. This company ownership structure allows the employees to participate with an entrepreneurial spirit and fosters enthusiasm for exceeding customer expectations. Along with the Employee Stock Ownership Plan, Radian Research maintains a matching 401K plan and a variety of other benefits. We have been told that few companies come close to the quantity and quality level of our employee benefits package.
At Radian Research we are competitive. We like to win. We expect to provide the best products and services in our defined market. Our mentality is one of continuous improvement throughout the organization. We also believe it is important to maintain a high performance work environment that is participative by its very nature where the actions by all are in support of fulfilling our strategic plan of which is communicated to every employee in every department of our company. We seek to add employees to our team that desire to be informed, participative and competitive while also being kind hearted. Each year we actively recruit for the best talent from around the US and the world.
Winning for us is not isolated to providing the best products and services to our customers. It’s also about participating in the well-being of our community. We are proud of our Lafayette, Indiana and Pearl, Mississippi facilities of operation. Stewardship in our community is proactively facilitated by our employees. Over the past few years the employees of Radian Research decided to support various charity organizations such as: The Boys and Girls Club, Food Finders Food Bank, Salvation Army Christmas Toy Drive, Habitat for Humanity, United Way Day of Caring, Indiana Blood Center and the Red Cross.
The winning spirit of Radian Research has caught the attention of many over the past few years. Radian Research was recognized by the Indiana Development Corporation and Governor Mitch Daniels as one of the Top 50 Companies to Watch in the state of Indiana. This award is based upon accelerated revenue growth and job creation. We’ve also been invited to participate in a dialog with Richard Lugar, US Senator for Indiana, regarding the impact of Employee Stock Ownership Plans and why tax legislation regarding ESOPs should remain favorable to companies that implement such plans. Richard Mourdock, State Treasurer of Indiana, was a guest speaker at our initial ESOP announcement ceremony … an event that was the lead story on WLFI Channel 18 News. In addition, Radian Research was a featured company on the national television program, Inside Business Report, hosted by Fred Thompson.
We obviously cannot accomplish this level of performance, success and attention without the support of our customers. Thank you for putting your trust in Radian Research test and measurement instruments for power and energy. We understand the importance of accurate, precise and stable measurements – it is the basis of our business. We are Radian Research, Inc. and we are Power and Energy Measurement Specialists.
Respectfully,
Tim C. Everidge
President and CEO