ADVISORY/Nominations Now Being Accepted for Deloitte & Touche Silicon Valley Technology Fast 50 Rankings of Fastest Growing Technology Companies; Nominations due May 15, 2000.News & Assignment Editors ADVISORY...for Monday Monday: see week. (May 15) --(BUSINESS WIRE)
WHAT: Nominations are now open for the 6th Annual Deloitte &
Touche Silicon Valley Technology Fast 50. The Fast 50 ranks
the fastest growing technology companies in the Silicon
Valley.
HOW: Winners are selected based on the percentage of growth in
revenues from 1995-1999 (five-year period). To be considered
for the Fast 50, entrants must meet the following criteria:
-- Have revenues of at least $50,000 in 1995 and at least
$1,000,000 in 1999.
-- Be public or private companies, headquartered in Silicon
Valley. Subsidiaries and divisions are not eligible, unless
they have some public ownership and are separately traded.
-- Be "technology companies,"specificaly defined as companies
that produce technology, manufacture a technology-related
product, are technologically intensive use technology in
problem-solving, or devoting a high percentage of effort to
research and development of technology.
Ten "Rising Star" winners will also be chosen. Criteria is the
same, except that "Rising Star" winners are selected based on
the percentage of growth in revenues for just three years,
from 1997-1999.
All U.S.-based Fast 50 companies will automatically be entered
in the Deloitte & Touche Technology Fast 500, a raking of the
500 fastest growing technology companies in the United States.
Companies can nominate themselves or be nominated by a third
party. Winners will be determined by Deloitte & Touche based
on a detailed review of qualifying nominations realted to
revenue growth over the five year period.
WHEN: Nominations for the Silicon Valley Fast 50 are due by May
15, 2000. Winners will be announced in September 2000.
WHERE: Visit www.fast50.com to complete the online nomination form
or call Deloitte & Touche LLP at 408/795-4696 to request a
form.
SPONSORS: The Silicon Valley Fast 50 is sponsored by Deloitte &
Touche's Technology & Communications Group. Merrill Corp., and
Joint Venture: Silicon Valley Network.
PR CONTACT: Teri Bruno, Teri Bruno Public Relations --
714/536-8407 or teribruno@aol.com.
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