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Deloitte & Touche Announces Ranking of Fastest-Growing Technology Companies in Orange County, San Diego
San Diego-Based Neurocrine Biosciences, Inc. Tops List With Five-Year Revenue Growth of 9,925 Percent
SAN DIEGO--(BUSINESS WIRE)--Sept. 10, 1999-- The fastest-growing technology companies in the region were recognized by Deloitte & Touche LLP at an awards banquet held September 9 at the Marriott's Laguna Cliffs Resort in Dana Point. Called the "1999 Orange Coast Technology Fast 50," the annual awards program ranks technology companies located in Orange and San Diego counties by revenue growth over a five year period.
Of the 50 companies honored this year, 28 were based in San Diego. The fastest growing company overall was Neurocrine Biosciences, Inc., with a five-year revenue growth of 9,925 percent. The company develops therapeutics for the treatment of diseases and disorders of the central nervous and immune systems, including anxiety, depression, Alzheimer's disease, obesity, and multiple sclerosis.
"Being named a Fast 50 winner is a testament to each company's leadership and its ability to not only have the right solution at the right moment, but also the vision that allows growth over five years," said Bob Weaver, partner, San Diego Technology Group, Deloitte & Touche. "We congratulate these companies for their commitment to the technology industry, and for delivering on the promise of market longevity."
To be considered for the Fast 50 status, companies must produce a technology, manufacture a technology-related product, be technology intensive or use unique technology in problem-solving, and devote a high percentage of effort to research and development of technology. Additionally, companies must have been in business for a minimum of five years with 1994 revenues of at least $50,000.
The 1999 Orange Coast Technology Fast 50 program is presented by Deloitte & Touche and sponsored by A.G. Edwards & Sons, Bowne of Irvine, Brobeck Phleger & Harrison LLP, Imperial Bank, Marsh, Inc., and the Orange County NewsChannel, in association with the American Electronics Association, Biocom, California Manufacturing Technology Center, and the Life Science Industry Council.
The 1999 Fast 50 company rankings are as follows:
Company Name City Exchange/Symbol
1. Neurocrine Biosciences, Inc. San Diego (NASDAQ: NBIX)
2. Broadcom Corporation Irvine (NASDAQ: BRCM)
3. SRS Labs, Inc. Santa Ana (NASDAQ: SRSL)
4. Marotz, Inc. Jamul Private
5. System Design Group San Diego Private
6. iBaset Lake Forest Private
7. EPIC Solutions San Diego Private
8. Trega Biosciences San Diego (NASDAQ: TRGA)
9. Vista Information Solutions, Inc. San Diego (NASDAQ: VINF)
10. I/O Magic Irvine (NASDAQ: IOMC)
11. Qualcomm, Inc. San Diego (NASDAQ: QCOM)
12. DAOU Systems, Inc. San Diego (NASDAQ: DAOU)
13. HNC Software, Inc. San Diego (NASDAQ: HNCS)
14. Peregrine Systems, Inc. San Diego (NASDAQ: PRGN)
15. High Technology Solutions, Inc. San Diego Private
16. The Linksys Group, Inc. Irvine Private
17. Innovative Medical Services El Cajon (NASDAQ: PURE)
18. Vision Solutions, Inc. Irvine Private
19. Corvas International, Inc. San Diego (NASDAQ: CVAS)
20. Advanced Remote Communications
Solutions Inc. AKA Boatracs San Diego (NASDAQ: BTRK)
21. Advanced Information Resources San Diego Private
22. Geneva Systems, Inc. Anaheim Private
23. Viasat, Inc. Carlsbad (NASDAQ: VSAT)
24. Cardiff Software, Inc. San Marcos Private
25. Quest Software, Inc. Newport Beach Private
26. Radiance Medical Irvine (NASDAQ: RADX)
27. ResMed, Inc. San Diego (NASDAQ: RESM)
28. PairGain Technologies, Inc. Tustin (NASDAQ: PAIR)
29. Powerwave Technologies, Inc. Irvine (NASDAQ: PWAV)
30. Continuus Software Corporation Irvine Private
31. Captiva Software San Diego Private
32. Engineering/Documentation
Systems, Inc. Yorba Linda Private
33. Blue Sky Software Corp. La Jolla Private
34. Relsys International, Inc. Irvine Private
35. ISIS Pharmaceuticals, Inc. Carlsbad (NASDAQ: ISIP)
36. Meade Instruments Corporation Irvine (NASDAQ: MEAD)
37. Cardiodynamics International
Corporation San Diego (NASDAQ: CDIC)
38. I-Flow Corporation Lake Forest (NASDAQ: IFLO)
39. Remec, Inc. San Diego (NASDAQ: REMC)
40. Procom Technology, Inc. Irvine (NASDAQ: PRCM)
41. Imaging Technologies Corporation San Diego (NASDAQ: ITEC)
42. Rainbow Technologies, Inc. Irvine (NASDAQ: RNBO)
43. Gateway, Inc. San Diego (NASDAQ: GTW)
44. Safeskin Corporation San Diego (NASDAQ: SFSK)
45. Printrak International, Inc. Anaheim (NASDAQ: AFIS)
46. Invitrogen Carlsbad (NASDAQ: IVGN)
47. Quality Systems, Inc. Tustin (NASDAQ: QSII)
48. Spectrum Laboratories, Inc. Laguna Hills (NASDAQ: SPTM)
49. Sicor, Inc. Irvine (NASDAQ: GNSA)
50. Zzyzx Peripherals, Inc. San Diego Private
Five Internet companies were recognized during the event in a special ".com" category. They were acknowledged for their tremendous growth, but do not meet the five-year requirement to compete in the Fast 50 program. The honored companies include: Autobytel.com (Irvine); Buy.com (Aliso Viejo); MP3.com (San Diego); Tickets.com (Costa Mesa); and WebSideStory.com (San Diego).
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 Deloitte & Touche's website at www.us.deloitte.com.
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Contact:
Deloitte & Touche LLP
Tammy Nelson, 714/436-7244
tnelson@dttus.com
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