Lexar Media Ranks Fourth Among Silicon Valley Business Journal's 100 Fastest Growing Private Companies
FREMONT, Calif., Nov. 3 /PRNewswire/ -- Lexar Media, Inc. (Nasdaq: LEXR),
a leading designer, developer and marketer of high-performance digital film
and connectivity products for the digital photography market, has been named
to the Silicon Valley Business Journal's "100 Fastest Growing Private
Companies in Silicon Valley," placing fourth.
"We are honored to be a part of the 'Fastest Growing Private Companies'
list," said John Reimer, president and CEO, Lexar Media, Inc. "Lexar has made
significant strides in the last several years, with our revenue growing over
893% between 1997 and 1999."
The award is based on Lexar's growth during 1997 through 1999, financial
and market opinion as culled from an extensive Silicon Valley Business Journal
questionnaire, interviews with noted local members of the media, reader
nominations and other proprietary research. To be considered for this annual
award, a company must meet the following criteria:
-- Be based in Silicon Valley
-- Be an independent, privately held company as of December 31, 1999
-- Must have seen a revenue increase for the past three fiscal years,
starting with more than $200,000 in the first year
All financial data were verified by independent outside accountants, and
the results were confirmed by PricewaterhouseCoopers LP.
About Lexar Media
Lexar Media is a leading designer, developer and marketer of
high-performance digital film and connectivity products for the digital
photography market. Lexar Media offers digital film in the four most popular
industry formats: CompactFlash, Memory Stick, SmartMedia and PC Cards. Its
broad line of high-performance digital film combines flash memory from leading
suppliers with its patented controller technology to address the needs of
professional, commercial and consumer photographers. Lexar Media's
connectivity products make it fast and easy to transfer images from their
digital film to a personal computer. Lexar Media's online photofinishing site,
Printroom.com, provides consumers with high quality prints of digital images
and photo sharing services. Lexar Media recently launched SayCheese.com, an
online community and educational site for digital photographers of all levels.
Collectively, its products and services provide an end-to-end solution for
digital photographers. Lexar Media is headquartered in Fremont, California and
has offices in England and Japan. Information on Lexar can be obtained through
its toll-free number 800-789-9418 or by accessing digitalfilm.com. |
