Company Press Release
Deloitte & Touche Recognizes Fastest Growing Technology Companies in Los
Angeles Area
Announces Finalists in "1998 Los Angeles Technology Fast 50" Program
LOS ANGELES--(BUSINESS WIRE)--July 6, 1998-- Deloitte & Touche LLP, one
of the nation's leading professional services firms, announced the
finalists in its ''1998 Los Angeles Technology Fast 50,'' an awards
program that recognizes the fastest growing technology companies in Los
Angeles, Ventura, Riverside, San Bernardino, and Santa Barbara counties.
These companies will be honored at an awards presentation on Sept. 17 at
the Loews Santa Monica Hotel, 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 Scottsdale, Ariz.
The 1998 Los Angeles Technology Fast 50 finalists are as follows (in
alphabetical order):
Activision Inc., Align-Rite International Inc. [Nasdaq:MASK - news],
Astera Software (Compusoft Inc.), Aura Systems Inc. [Nasdaq:AURA - news
], B.C. Software Inc. (Final Draft Inc.), Belkin Components, BioSource
International Inc. [Nasdaq:BIOI - news], Canoga Perkins Corp., Channell
Commercial Corp. [Nasdaq:CHNL - news], CIM Vision International Corp.,
CyberMedia Inc., Data Direct Inc., Eltron International Inc. [Nasdaq:
ELTN - news], EOS Corp., Flowline Inc., GoldMine Software Corp.,
Guidance Solutions Inc., Innosoft International Inc., Intelligent
Systems Technology Inc., Interlink Electronics [Nasdaq:LINK - news]
Inc., International Remote Imaging Systems Inc. [AMEX:IRI - news],
Irvine Optical Co. LLC, ISOCOR, Lyncole XIT Grounding Systems,
MetaCreations Corp., Micro Pulse Inc., Motek Information Systems, MRV
Communications Inc. [Nasdaq:MRVC - news], Nova Development Corp.,
Optical Communication Products Inc. Ortel Corp. [Nasdaq:ORTL - news],
OSI Systems Inc., Osicom Technologies Inc. [Nasdaq:FIBR - news],
Peerless Systems Corp. [Nasdaq:PRLS - news], Power-One, Product Data
Ingegration Technologies Inc., Qual-Pro Corp., Semtech Corp. [Nasdaq:
SMTC - news], Software Technologies Corp., Tanner Research Inc., TECSTAR
INC., TEKELEC, Thinque Systems Corp., THQ Inc. [Nasdaq:THQI - news],
Trillium Digital Systems Inc., Unitek Miyachi Corp., ViewSonic Corp.,
Vitesse Semiconductor Corp. [Nasdaq:VTSS - news], Watson Pharmaceuticals
Inc. [NYSE:WPI - news], Wynne Systems Inc., and Xircom Inc [Nasdaq:XIRC
- news].
Special recognition is also given to EarthLink Network Inc. and Xylan
Corp. [Nasdaq:XYLN - news], which are experiencing high growth rates but
did not meet specific Fast 50 program criteria.
''The Fast 50 program brings well-deserved attention to these strong and
vital companies,'' said Gary Dickey, a partner in Deloitte & Touche's
Los Angeles Technology Group. ''We are happy to recognize them for their
entrepreneurial leadership and the positive impact they have on our
local economy.''
Sponsors of the 1998 Los Angeles Technology Fast 50 program include
Deloitte & Touche, California Manufacturing Technology Center, Imperial
Bank, J&H Marsh & McLennan, Troy & Gould, and VanKasper & Co.
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, in order to be eligible, companies must have been in
business for a minimum of five years with 1993 revenues of at least
$50,000.
Deloitte & Touche, one of the nation's leading professional services
firms, provides accounting and auditing, tax, and management consulting
services through 23,000 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 72,000 people in more than 125
countries. Deloitte & Touche refers to Deloitte & Touche LLP, Deloitte &
Touche Consulting Group LLC, and related entities. |
