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Aspeon Named as Second-Fastest Growing Technology Company in Orange County Area in Deloitte & Touche `'Fast 50'' Program Due to its 5,436% Revenue Growth.


Business Editors and High-Tech Writers

IRVINE, Calif.--(BUSINESS WIRE)--Sept. 17, 2001

Aspeon Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:ASPE ASPE Assistant Secretary for Planning and Evaluation (US Department of Health and Human Services)
ASPE American Society of Plumbing Engineers
ASPE American Society for Precision Engineering
ASPE Association of Standardized Patient Educators
) has been named to Deloitte & Touche's prestigious "2001 Orange County/San Diego Technology Fast 50" program, a ranking of the 50 fastest-growing technology companies in the area.

Rankings are based on the percentage of growth in revenues from 1996-2000 (five year period).

Aspeon CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Richard Stack, said: "We are honored to be so highly ranked in such an illustrious group of companies. Our growth can be attributed to a broad acceptance of our touchscreen computers, our growth into services, and our international expansion."

"To attain a listing on the Fast 50 is no easy feat, we at Deloitte & Touche congratulate Aspeon Inc. for attaining this honor," said Fred Poska, partner, Technology & Communications Group, Deloitte & Touche.

To qualify for the Fast 50, companies must have had operating revenues of at least $50,000 in 1996 and $1 million in 2000, must be public or private companies with headquarters in Orange County, and be "technology companies" defined as companies that produce technology, manufacture a technology product, are technologically intensive and/or use technology in problem-solving, or devote a high percentage of effort to research and development of technology.

Winners of the 21 regional Fast 50 programs in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  are automatically entered in the Deloitte & Touche Technology Fast 500 program, which ranks North America's top 500 fastest-growing technology companies. For more information on the Deloitte & Touche Fast 50 or Fast 500 programs, visit www.fast500.com.

About Aspeon

Aspeon is a leading manufacturer and provider of point-of-sale (POS (1) See point of sale and packet over SONET.

(2) "Parent over shoulder." See digispeak.

POS - point of sale
) systems, services and enterprise technology solutions for the retail and foodservice markets. Visit Aspeon at www.aspeon.com.

About Deloitte & Touche

Deloitte & Touche LLP LLP - Lower Layer Protocol , one of the nation's leading professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products.  firms, provides assurance and advisory, tax, and management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business
service industry - an industry that provides services rather than tangible objects
 services through nearly 30,000 people in more than 100 U.S. cities. The firm is dedicated to helping its clients and its people excel.

Known as an employer of choice for innovative human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees.  programs, Deloitte & Touche has been recognized as one the "100 Best Companies to Work For in America" by Fortune magazine for four consecutive years. Deloitte & Touche is the U.S. national practice of Deloitte Touche Tohmatsu Deloitte & Touche (also referred to as Deloitte Touche Tohmatsu, and branded as Deloitte.) is the second largest professional services firm in the world, and one of the Big Four auditors, along with PricewaterhouseCoopers, Ernst & Young and KPMG. .

Deloitte Touche Tohmatsu is a Swiss Verein, and each of its national practices is a separate and independent legal entity. For more information, visit Deloitte & Touche's Web site at www.us.deloitte.com.

Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve certain risks and uncertainties, including statements regarding the intent, belief or current expectations of Aspeon and its management regarding the company's strategic directions, prospects and future results. Certain factors may cause actual results to differ materially from those contained in the forward-looking statements, including, Aspeon's ability to return to profitability, the continued forbearance of Aspeon's lenders and creditors, the successful restructuring of Aspeon's Preferred Stock Stock shares that have preferential rights to dividends or to amounts distributable on liquidation, or to both, ahead of common shareholders.

Preferred stock is given preference over common stock. Holders of preferred stock receive dividends at a fixed annual rate.
, the outcome of litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
 filed against Aspeon and Aspeon's ability to raise funds from additional debt and/or capital, and our competitive environment, economic and other conditions in the markets in which we operate, changes in laws, changes to or clarifications of accounting rules or approaches and/or their applications, the size and timing of customer orders, delays in new product enhancements and new product and/or service introductions, quality control difficulties, changes in market demand, and other risks discussed in the company's filings with the SEC, which discussions are incorporated herein by reference. Such forward-looking statements represent management's current expectations and are inherently uncertain. The company's actual results and performance may differ materially. The company undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 17, 2001
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