(COMTEX) B: Deloitte & Touche Announces Ranking of Fastest Growing Te
B: Deloitte & Touche Announces Ranking of Fastest Growing Technology Companies
in Los Angeles Area; EarthLink Network Tops List With Five-Year Revenue Growth
of 158,405%
LOS ANGELES, Sep 17, 1999 (BUSINESS WIRE) -- The fastest growing
technology companies in the region were recognized by Deloitte & Touche
LLP at an awards banquet held September 16 at the Beverly Hilton in
Beverly Hills. Called the "1999 Los Angeles Technology Fast 50," the
annual awards program ranks technology companies located in Los
Angeles, Riverside, Santa Barbara, San Bernardino, and Ventura counties
by revenue growth over a five-year period.
EarthLink Network, Inc. topped this year's Fast 50 list with a
five-year revenue growth of 158,405 percent. The Pasadena-based company
is one of the world's leading Internet service providers.
"We congratulate all the Fast 50 companies for their commitment to the
technology industry, and for delivering on the promise of market
longevity," said Gary Dickey, partner, Los Angeles Technology Group,
Deloitte & Touche. "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 contributes to
the growth of the business over five years."
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, or devote a
substantial amount 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 Los Angeles Technology Fast 50 program is presented by
Deloitte & Touche and sponsored by Brobeck Phleger & Harrison LLP,
Imperial Bank, Marsh, Inc., Merrill Corporation, and First Security Van
Kasper, and in association with the California Manufacturing Technology
Center.
The 1999 Fast 50 company rankings are as follows:
Company Name City Exchange/Ticker 5-Year
Revenue
Growth
1 EarthLink Network, Inc. Pasadena (NASDAQ:ELNK) 158,405%
2 Xylan Corporation Calabasas (NYSE:ALA) 78,361%
3 Miravant Medical
Technologies Santa Barbara (NASDAQ:MRVT) 7,730%
4 Atlas Communication
Engines, Inc. Santa Barbara Private 7,334%
5 Soligen
Technologies, Inc. Northridge (AMEX:SGT) 3,948%
6 Software.com Santa Barbara (NASDAQ:SWCM) 3,854%
7 Advanced Recognition
Technologies, Inc. Simi Valley Private 3,157%
8 Computer Motion, Inc. Santa Barbara (NASDAQ:RBOT) 1,644%
9 THQ Inc. Calabasas (NASDAQ NMS:THQI) 1,518%
10 MRV Communications, Inc. Chatsworth (NASDAQ:MRVC) 1,407%
11 View Tech, Inc. Camarillo (NASDAQ NMS:VUTK) 1,315%
12 Nova Development
Corporation Calabasas Private 1,294%
13 Guidance Solutions, Inc. Marina Del Rey Private 1,284%
14 Intelligent Systems
Technology, Inc. Santa Monica Private 937%
15 Activision, Inc. Santa Monica (NASDAQ:ATVI) 877%
16 Product Data Integration
Technologies, Inc. Long Beach Private 766%
17 GoldMine Software Corp. Pacific
Palisades Private 725%
18 Watson
Pharmaceuticals, Inc. Corona (NYSE:WPI) 539%
19 jeTECH DATA
SYSTEMS, Inc. Camarillo Private 530%
20 CIM Vision
International Corp. Long Beach Private 485%
21 EOS Corporation Camarillo Private 467%
22 Software Technologies
Corporation Monrovia Private 453%
23 Transoft Networks, Inc. Santa Barbara Private 434%
24 ViewSonic Corporation Walnut Private 426%
25 Belkin Components Compton Private 423%
26 Vitesse Semiconductor
Corporation Camarillo (NASDAQ:VTSS) 392%
27 TECSTAR Inc. City of
Industry Private 388%
28 Optical Communication
Products, Inc. Chatsworth Private 368%
29 Gemstar International
Group Limited Pasadena (NASDAQ:GMST) 368%
30 Sound Source
Interactive, Inc. Calabasas (NASDAQ:SSII) 363%
31 RIFOCS Corp. Camarillo Private 347%
32 MetaCreations
Corporation Carpinteria (NASDAQ:MCRE) 336%
33 ACT Networks, Inc. Calabasas (NASDAQ:ANET) 334%
34 Delta Circuits
Technology, Inc. Van Nuys Private 333%
35 Ampersand Corporation Glendale Private 328%
36 North American
Scientific, Inc. Chatsworth (NASDAQ:NASI) 318%
37 MiniMed, Inc. Sylmar (NASDAQ:MNMD) 282%
38 BioSource
International, Inc. Camarillo (NASDAQ:BIOI) 250%
39 Peerless Systems
Corporation El Segundo (NASDAQ:PRLS) 249%
40 Unitek Miyachi
Corporation Monrovia Private 232%
41 Trillium Digital
Systems, Inc. Los Angeles Private 207%
42 Styleclick.com
(ModaCAD, Inc.) Culver City (NASDAQ:IBUY) 199%
43 QAD Inc. Carpinteria (NASDAQ:QADI) 191%
44 Irvine Optical
Company, LLC Burbank Private 183%
45 Ducommun Incorporated Long Beach (NYSE:DCO) 177%
46 Tanner Research, Inc. Pasadena Private 176%
47 Ortel Corporation Alhambra (NASDAQ:ORTL) 173%
48 Biopool
International, Inc. Ventura (OTC BB:BIPL) 172%
49 Channell Commercial
Corporation Temecula (NASDAQ:CHNL) 169%
50 DataDirect Networks, Inc. Chatsworth Private 169%
Three additional companies were honored in a special "Jumpstarter"
category, which seeks to recognize selected technology companies that
have achieved outstanding growth but do not meet the five-year
eligibility rule. Those companies were: Dental Medical Diagnostic
Systems, Inc. (Westlake Village; 8,600 percent revenue growth since
1995), Interactive Search (Los Angeles; 7,163 percent revenue growth
since 1995), and Adrenalin Interactive, Inc. (Los Angeles; 5,414
percent revenue growth since 1996).
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.
Copyright (C) 1999 Business Wire. All rights reserved.
Distributed via COMTEX.
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CONTACT: Deloitte & Touche
Tammy Nelson, 714/436-7244
tnelson@dttus.com
WEB PAGE: businesswire.com
GEOGRAPHY: CALIFORNIA
INDUSTRY CODE: COMED
INTERACTIVE/MULTIMEDIA/INTERNET
COMPUTERS/ELECTRONICS
BIOTECHNOLOGY
TELECOMMUNICATIONS
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