Fast Company, the leading business magazine, has named Ammunition as No. 5 on its list of the Most Innovative Companies in the Design category in its annual feature honoring the world's Most Innovative Companies. For Ammunition, positioned in the Top 5 marks a step up from last year's poll in 6th place.

To create the Most Innovative Companies list, Fast Company analyzed information on thousands of businesses across the globe. The result is a unique package that strives to identify creative models and progressive cultures to define the many forms of innovation that exist across the business landscape.

Describing Ammunition, the article claims, "It ping-ponged from designing Barnes & Noble's hot e-book reader Nook to developing high-performance earphones for celebrity clients such as Lady Gaga and Dr. Dre."

See the article here.