Business Triples for Finite Magic

David Covington, owner of the Fayetteville telecommunications consulting firm, Finite Magic Inc., said his business has grown by 100 percent for three-straight years.

An electrical engineering professor at the University of Arkansas, Covington said his client base has grown to about 12 companies since its incorporation. About one-third of his clients are local.

Covington declined to disclose Finite’s gross revenue, but said his consulting contracts can range from $20,000 to $50,000. The company serves in additional capacities that create more revenue for Finite Magic.

Covington, who got his start in poultry automation, designed the satellite receiver that makes Wal-Mart Stores Inc.’s in-store music and advertisements possible. (He helped start a firm that got involved in wireless technologies and built a cell phone base station in Asia.)

Finite Magic, which incorporated on April 1, employs five people and recently completed improvements to its Web site, www.finitemagic.com. The company designs digital signal communications systems for satellites, telephones, and computers.

“We haven’t had to seek a new business in three years,” Covington said. “But we recently created some brochures, and we’ve reached a critical mass and it’s time to take it to the next level.”