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AREA FIRMS AMONG TOP 50 ON GROWTH LIST.


Byline: Jason Takenouchi Staff Writer

The finalists are in, and Valley area companies once again dominate the annual Deloitte & Touche LLP LLP - Lower Layer Protocol  listing of the 50 fastest-growing technology companies in the five-county Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  area.

The Valley and Ventura County have a combined 22 companies on the list of finalists, including six from Camarillo, five from Calabasas and four from Chatsworth. Los Angeles has more companies on the list than any other city in the region, thanks in part to Chatsworth's representation; Camarillo has the second-most.

``We believe technology companies are the industry of the future here in Los Angeles,'' said Gary Dickey, a partner in Deloitte & Touche's Los Angeles High Technology Group. ``There are a lot of high-growth companies operating here in our neighborhood.''

Deloitte & Touche, one of the country's largest professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products.  firms, will rank the 1999 Los Angeles Technology Fast 50 companies by revenue growth for a September award presentation.

MRV Communications Overview
MRV NASDAQ: MRVC is a company that designs, manufactures, sells, distributes, integrates and supports communication equipment and services, and optical components.
 in Chatsworth was the top Valley company last September, grabbing third overall with a 2,136 percent earnings growth over five years. It's on this year's list as well.

The nominees include both privately held and publicly traded companies publicly traded company

A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market.
. Among the publicly traded companies, their size varies from Sylmar's MiniMed (with a market value of approximately $2.3 billion) to Sound Source Interactive of Calabasas ($2.4 million).

In order to make the list, technology companies must be in business at least five years, cannot be a subsidiary or division of another firm as of the end of the 1998-99 fiscal year, and must have 1994 revenues of at least $50,000 and 1998 revenues of $1 million or more.

The list includes companies headquartered in Los Angeles, San Bernardino, Ventura, Riverside and Orange counties.

FAST COMPANY

The following companies from the Valley and Ventura County were among the 50 technology companies named to the Deloitte & Touche ''Fast 50`` on Thursday:

COMPANY HQ

ACT Networks Calabasas

Advanced Recognition Tech. Simi Valley

Ampersand The ampersand (&) normally means "and" as in Jones & Company. However, in the computer world, it is used in various ways. In Windows, it is used as a code to precede an underlined character.  Corp. Glendale

Biopool Intl. Ventura

BioSource Intl. Camarillo

DataDirect Networks Chatsworth

Delta Circuits Tech. Van Nuys

EOS Eos (ē`ŏs), in Greek religion and mythology, goddess of dawn; daughter of the Titans Hyperion and Theia. Every morning she arose early and preceded her brother Helios into the heavens.  Corp. Camarillo

Irvine Optical Co. Burbank

jeTech Data Systems Camarillo

MiniMed Inc. Sylmar

MRV Communications Inc. Chatsworth

North American North American

named after North America.


North American blastomycosis
see North American blastomycosis.

North American cattle tick
see boophilusannulatus.
 Scientific Inc. Chatsworth

Nova Development Corp. Calabasas

Optical Communication Products Chatsworth

RIFOCS Corp. Camarillo

Soligen Technologies Inc. Northridge

Sound Source Interactive Inc. Calabasas

THQ THQ Toy Headquarters
THQ Territorial Headquarters
THQ Tehsil Headquarters (Pakistan)
THQ The Holy Quran
THQ Theater Headquarters
 Inc. Calabasas

View Tech Inc. Camarillo

Vitesse Semiconductor Corp. Camarillo

Xylan xylan /xy·lan/ (zi´lan) any of a group of pentosans composed of xylose residues; major structural constituents of wood, straw, and bran.  Corp. Calabasas

CAPTION(S):

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Box: FAST COMPANY (See text)
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Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:BUSINESS
Publication:Daily News (Los Angeles, CA)
Geographic Code:1USA
Date:Jul 23, 1999
Words:407
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