Friday September 11, 11:00 am Eastern Time
Company Press Release
Deloitte & Touche Announces Ranking of
Fastest-Growing Technology Companies in Orange
County, San Diego
-- Average Revenue Increase Among Finalists Tops 1,100 Percent --
COSTA MESA, Calif.--(BUSINESS WIRE)--Sept. 11, 1998--The fastest-growing technology companies in the region were recognized by Deloitte & Touche LLP at an awards banquet held September 10 at the Marriott's Laguna Cliffs Resort in Dana Point. Called the ''1998 Orange Coast Technology Fast 50,'' the annual awards program ranks by
revenue growth technology companies located in Orange and San Diego counties.
''We commend these companies for their commitment to technology, and for delivering on the promise of market longevity,'' said Fred Poska, partner, Orange County Technology Group, Deloitte & Touche. ''Being named a Fast 50 winner is a testament to a company's leadership and its ability to not only have the right solution at the right moment, but also to have the vision that allows growth 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, 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.
The 1998 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, J&H Marsh & McLennan, and the Orange County NewsChannel, in association with the American Electronics Association, Biocom, California Manufacturing Technology Center, and the Life Science Industry Council.
The 1997 Fast 50(a) company ranking is as follows:
1 CardioVascular Dynamics, Inc.- Irvine (NASDAQ: CCVD - news)
2 Telecom Solutions, Inc.- Lake Forest Private
3 Marotz, Inc.- Rancho San Diego Private
4 Broadcom Corporation- Irvine (NASDAQ: BRCM - news)
5 SRS Labs, Inc.- Santa Ana (NASDAQ: SRSL - news)
6 Vista Information Solutions, Inc.- San Diego (NASDAQ: VINF - news)
7 Litronic Industries, Inc.- Irvine Private
8 EPIC Solutions, Inc.- San Diego Private
9 WHEB Systems, Inc.- San Diego Private
10 The Automatic Answer- San Juan Capistrano Private
11 Vision Solutions, Inc.- Irvine Private
12 Pacific Wave Technologies, Inc.- Irvine Private
13 Powerwave Technologies, Inc.- Irvine (NASDAQ: PWAV - news)
14 Dura Pharmaceuticals, Inc.- San Diego (NASDAQ: DURA - news)
15 DAOU Systems, Inc.- San Diego (NASDAQ: DAOU - news)
16 ViaSat, Inc.- Carlsbad (NASDAQ: VSAT - news)
17 The Linksys Group, Inc.- Irvine Private
18 AcuPrint, Inc.- Carlsbad Private
19 AstroTerra Corporation- San Diego Private
20 PairGain Technologies, Inc.- Tustin (NASDAQ: PAIR - news)
21 Aeronex, Inc.- San Diego Private
22 HNC Software Inc.- San Diego (NASDAQ: HNCS - news)
23 Systems Management Specialists, Inc.- Santa Ana Private
24 DK&A, Inc.- San Diego Private
25 ResMed Inc.- San Diego (NASDAQ: RESM - news)
26 Cardiff Software, Inc.- San Marcos Private
27 DataWorks Corporation- San Diego (NASDAQ: DWRX - news)
28 Document Sciences- San Diego (NASDAQ: DOCX - news)
29 Blue Sky Software Corporation- La Jolla Private
30 Continuus Software- Corporation- Irvine Private
31 EasiRun USA, Inc.- San Diego Private
32 STM Wireless, Inc.- Irvine (NASDAQ: STMI - news)
33 Datum Inc.- Irvine (NASDAQ: DATM - news)
34 Productivity Enhancement Products, Inc.-
Laguna Hills Private
35 Relsys International, Inc.- Irvine Private
36 Imaging Technologies Corporation- San Diego (NASDAQ: ITEC - news)
37 Wonderware Corporation- Irvine Private
38 IDEC Pharmaceuticals Corporation- San Diego (NASDAQ: IDPH - news)
39 Engineering/Documentation Systems, Inc.-
Yorba Linda Private
40 Western Digital- Irvine (NYSE: WDC - news)
41 Meade Instruments Corporation- Irvine (NASDAQ: MEAD - news)
42 I-Flow Corporation- Lake Forest (NASDAQ: IFLO - news)
43 Peregrine Systems, Inc.- San Diego (NASDAQ: PRGN - news)
43 Kaynar Technologies Inc.- Orange (NASDAQ: KTIC - news)
44 Quest Software, Inc.- Newport Beach Private
45 Safeskin Corporation- San Diego (NASDAQ: SFSK - news)
45 Irvine Sensors Corporation- Costa Mesa (NASDAQ: IRSN - news)
46 LeadingWay Corporation- Irvine Private
47 KONEXX- San Diego Private
48 MotorVac Technologies, Inc.- Santa Ana (NASDAQ: MVAC - news)
48 Invitrogen- Carlsbad Private
49 ICU Medical- San Clemente (NASDAQ: ICUI - news)
50 Wintriss Engineering Corporation- San Diego Private
(a) List totals 53 companies because of three ties in revenues
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 over 125 countries. Deloitte & Touche refers to Deloitte & Touche LLP, Deloitte & Touche Consulting Group LLC, and related entities.
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