Deloitte & Touche Announces Ranking of
Fastest-growing Technology Companies; Top Company Achieves 4778%
Revenue Growth Over Five Years
DENVER--(BUSINESS WIRE)--Oct. 13, 1998--The fastest-growing
technology companies in the state of Colorado were recognized by
Deloitte & Touche LLP at an awards banquet held October 1 at the Adams
Mark Hotel, called the "1998 Colorado Technology Fast 50." The annual
awards program ranks by revenue growth technology companies
headquartered in the state of Colorado.
Carrier Access Corporation, a Boulder-based company led the group
with a five-year revenue growth of 4,774 percent.
"We commend these companies for their commitment to technology,
and for delivering on the promise of market longevity," said Steve
Berthe, a partner in Deloitte & Touche's Denver Technology Group.
"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," Berthe continued.
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
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 Colorado Technology Fast 50 program is presented by
Deloitte & Touche and sponsored by J.D. Edwards & Company and A.G.
Edwards & Sons, Inc., the Denver Business Journal, the Colorado
Advanced Technology Institute, the CU Business Advancement Center, and
the Metro Denver Network. The 1998 Colorado Technology Fast 50 company
ranking is as follows:
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Rank Company City Symbol Revenue Growth
---- ------- ---- ------ --------------
1 Carrier Access Corporation Boulder CACS 4778%
2 WITI Corporation Boulder 1714%
3 FSE Technologies, LLC Loveland 1495%
4 Gold Systems, Inc. Boulder 1388%
5 Omnitech Robotics Inc. Englewood 1271%
6 XOR Network Engineering, Boulder 1206%
Inc.
7 Rogue Wave Software, Inc. Boulder RWAV 839%
8 Integware, Inc. Fort Collins 623%
9 Spectralink Corporation Boulder SLNK 560%
10 T-NETIX, Inc. Englewood TNTX 552%
11 ACT Teleconferencing Golden ACTT 547%
12 DraCo Systems, Inc. Boulder 501%
13 SCC Communications Corp. Boulder SCCX 464%
14 Titanium Metals Corp Denver TIMT 385%
15 Qualmark Corporation Denver QMRK 375%
16 Omegatech, Inc. Boulder 374%
17 The DII Group Niwot DIIG 372%
18 Advanced Energy Industries, Ft. Collins AEIS 349%
Inc.
19 Analytical Surveys, Inc. Colorado
Springs ANLT 348%
20 CommNet Cellular Inc. Englewood CELS 348%
21 Hi-Tech Manufacturing, Inc. Thornton 288%
22 EFTC Corporation Denver EFTC 280%
23 Atrix Laboratories, Inc. Fort Collins ATRX 273%
24 International Language Boulder 271%
Engineering
25 SSDS, Inc. Englewood 261%
26 Internet Communications Greenwood
Corp. Village INCC 258%
27 MSI Technologies, LLC Englewood 244%
28 JCIT, Inc. Englewood 232%
29 J.D. Edwards & Company Denver JDEC 229%
30 Tava Technology, Inc. Denver TAVA 213%
31 NaPro BioTherapeutics, Inc. Boulder NPRO 205%
32 OPHIR Corporation Littleton 203%
33 NxTrend Technology, Inc. Colorado
Springs 200%
34 Research Systems, Inc. Boulder 199%
35 Ramtron International Corp. Colorado
Springs RMTR 194%
36 Decisioneering, Inc. Denver 186%
37 Pro-Dex, Inc. Boulder PDEX 176%
38 Media Marketing, Inc. Boulder 176%
39 Spectranetics Corporation Colorado
Springs SPNC 171%
40 NeXstar Pharmaceuticals Boulder NXTR 170%
41 Vari-L Company, Inc. Denver VARL 151%
42 Evolving Systems, Inc. Englewood EVOL 140%
43 Optika Imaging Systems, Colorado
Inc. Springs OPTK 140%
44 CSG Systems International, Englewood CSGS 127%
Inc.
45 Avalon Imaging, Inc. Boulder 112%
46 Ferrell Companies, Inc. Englewood 108%
47 BI, Incorporated Boulder BIAC 96%
48 Simtek Corporation Colorado
Springs SRAM 93%
49 Mesa Laboratories, Inc. Lakewood MLAB 79%
50 American Fundware Denver 68%
*T
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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