I am also looking for the day that all MRV's divisions and its interests in start-ups do get proper valuation. For the short term, I like to believe that MRV's business must have improved over the last quarter. (Any expenses due to purchasing additional interests in start-ups should be separated out from ordinary business numbers.)
The following piece of news came across my desk:
7/22/99 - Deloitte & Touche Recognizes Fastest Growing Technology Companies In Los Angeles; Announces Finalists In '1999 Los
LOS ANGELES, Jul 22, 1999 (BUSINESS WIRE via COMTEX) -- Deloitte & Touche LLP, one of the nation's leading professional services firms, announced the
finalists in its "1999 Los Angeles Technology Fast 50," an awards program that recognizes the fastest growing technology companies in Los Angeles, Riverside,
Santa Barbara, San Bernardino, and Ventura counties. These companies will be honored at an awards presentation on September 16 at the Beverly Hilton, where
the final ranking by revenue growth will be revealed. All finalists will also be considered for the Deloitte & Touche "Technology Fast 500," a national ranking which
will culminate in a technology CEO conference next year in Orlando, Florida.
"The Fast 50 program brings well-deserved attention to these leaders who have the vision to succeed in today's fast-paced technology marketplace," said Gary
Dickey, a partner in Deloitte & Touche's Los Angeles High Technology Group. "We salute them for their dedication and determination, and the contributions they
have made to our local economy."
The 1999 Los Angeles Technology Fast 50 finalists are as follows
(in alphabetical order):
Company Name City Exchange/Ticker
ACT Networks, Inc. Calabasas (NASDAQ:ANET)
Activision, Inc. Santa Monica (NASDAQ:ATVI)
Advanced Recognition
Technologies, Inc. Simi Valley Private
Ampersand Corporation Glendale Private
Atlas Communication
Engines, Inc. Santa Barbara Private
Belkin Components Compton Private
Biopool International, Inc. Ventura (OTC BB:BIPL)
BioSource International, Inc. Camarillo (NASDAQ:BIOI)
Channell Commercial Corporation Temecula (NASDAQ:CHNL)
CIM Vision International Corp. Long Beach Private
Computer Motion, Inc. Santa Barbara (NASDAQ:RBOT)
DataDirect Networks, Inc. Chatsworth Private
Delta Circuits Technology, Inc. Van Nuys Private
Ducommun Incorporated Long Beach (NYSE:DCO)
EarthLink Network, Inc. Pasadena (NASDAQ:ELNK)
EOS Corporation Camarillo Private
Gemstar International
Group Limited Pasadena (NASDAQ:GMST)
GoldMine Software Corp. Pacific Palisades Private
Guidance Solutions, Inc. Marina Del Rey Private
Intelligent Systems
Technology, Inc. Santa Monica Private
Irvine Optical Company, LLC Burbank Private
jeTECH DATA SYSTEMS, Inc. Camarillo Private
MetaCreations Corporation Carpinteria (NASDAQ:MCRE)
MiniMed, Inc. Sylmar (NASDAQ:MNMD)
Miravant Medical Technologies Santa Barbara (NASDAQ:MRVT)
MRV Communications, Inc. Chatsworth (NASDAQ:MRVC)
North American Scientific, Inc. Chatsworth (NASDAQ:NASI)
Nova Development Corporation Calabasas Private
Optical Communication
Products, Inc. Chatsworth Private
Ortel Corporation Alhambra (NASDAQ:ORTL)
Peerless Systems Corporation El Segundo (NASDAQ:PRLS)
Product Data Integration
Technologies, Inc. Long Beach Private
QAD Inc. Carpinteria (NASDAQ:QADI)
RIFOCS Corp. Camarillo Private
Software Technologies
Corporation Monrovia Private
Software.com Santa Barbara (NASDAQ:SWCM)
Soligen Technologies, Inc. Northridge (AMEX:SGT)
Sound Source Interactive, Inc. Calabasas (NASDAQ:SSII)
Styleclick.com (ModaCad, Inc.) Culver City (NASDAQ:IBUY)
Tanner Research, Inc. Pasadena Private
TECSTAR Inc. City of Industry Private
THQ Inc. Calabasas (NASDAQ NMS:THQI)
Transoft Networks, Inc. Santa Barbara Private
Trillium Digital Systems, Inc. Los Angeles Private
Unitek Miyachi Corporation Monrovia Private
View Tech, Inc. Camarillo (NASDAQ NMS:VUTK)
ViewSonic Corporation Walnut Private
Vitesse Semiconductor
Corporation Camarillo (NASDAQ:VTSS)
Watson Pharmaceuticals, Inc. Corona (NYSE:WPI)
Xylan Corp. Calabasas (NYSE:ALA)
In addition to the Fast 50 recognition, a special "jumpstarters" category will honor technology companies with exceptional growth, but who have not been in
business for five years, a program requirement.
The 1999 Los Angeles Technology Fast 50 program is presented by Deloitte & Touche and sponsored by Brobeck Phleger & Harrison LLP, Imperial Bank, Marsh,
Merrill Corp., and First Security Van Kasper, and in association with California Manufacturing Technology Center.
To qualify for the Los Angeles Technology Fast 50, companies must be in business for a minimum of 5 years; must not be a subsidiary or division; must have
1994 revenues of at least $50,000 and 1998 revenues of $1,000,000 or more; must be considered a technology company which is defined as producing
technology, manufacturing a technology related product; being technologically intensive or using unique technology in problem-solving, or devoting a high
percentage of effort to research and development of technology; and must be headquartered in Los Angeles, Riverside, Santa Barbara, San Bernardino, or Ventura
counties.
Deloitte & Touche, one of the nation's leading professional services firms, provides assurance and advisory, tax, and management consulting services through
28,000 people in more than 100 U.S. cities. Deloitte & Touche is part of Deloitte Touche Tohmatsu, a global leader in professional services with more than 82,000
people in over 130 countries. Deloitte & Touche refers to Deloitte & Touche LLP, Deloitte & Touche Consulting Group LLC, and related entities. For additional
information, please visit our Fast 50 website at www.fast50.com.
Copyright (C) 1999 Business Wire. All rights reserved.
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CONTACT: Deloitte & Touche LLP
Suzanne Thompson, 213/688-5264
suthompson@dttus.com
WEB PAGE: businesswire.com
GEOGRAPHY: CALIFORNIA FLORIDA
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