California Companies Comprise 26 Percent of Deloitte & Touche LLP Technology Fast 500 for 1998.SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--Nov. 17, 1998-- 131 California-based Companies Make the Fast 500 -- 3 in Top 10 Advanced Fibre of Petaluma Petaluma (pĕtəl  `mə), city (1990 pop. 43,184), Sonoma co., W Calif.; inc. 1858. is Ranked No. 1Advanced Fibre Communications of Petaluma, Calif. is the fastest growing technology company 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. , according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Fourth Annual Technology Fast 500 listing announced Tuesday Tuesday: see week. by Deloitte & Touche LLP LLP - Lower Layer Protocol . It is one of 131 California-based companies to make the Fast 500 for 1998 and one of three to be ranked within the top 10. Twenty-six percent of the Fast 500 companies are based in California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). . Ranking for the Fast 500 listing is based on percentage growth in revenue over a five-year period (1993 to 1997). "California is holding its own as the high-tech high-tech also hi-tech adj. Informal Of, relating to, or resembling high technology. high-tech Adjective same as hi-tech Adj. 1. capital of the U.S. with 26 percent of the Fast 500 companies based here," said Mark A. Evans Ev·ans , Herbert McLean 1882-1971. American anatomist who isolated four pituitary hormones and discovered vitamin E (1922). , managing director of Deloitte & Touche's High Technology Industry Group in San Jose. "Of the 131 California-based companies, 62 are in Silicon Valley, 49 are in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, , with the remainder scattered Scattered Used for listed equity securities. Unconcentrated buy or sell interest. around the state. Fifteen percent of the nation's Fast 500 are in Northern Calif. while 11 percent are in Southern California." Advanced Fibre Communications, a communications company Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. , showed a 43,103 percent growth from $620,000 in 1993 to $267,858,000 in 1997. Ranked Number 3 on the Fast 500, OmniCell <includeonly></includeonly> Omnicell, Inc. (NASDAQ: OMCL) is a California-based technology company that manufactures and sells automation products and services for hospital pharmacies, nursing units, specialty clinics, and operating rooms. Technologies, a software company based in Palo Alto Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , showed a 32,492 percent increase from $147,000 in 1993 to $47,910,000 in 1997. Ranked Number 5 is Incyte Pharmaceuticals Inc., a biotechnology biotechnology, the use of biological processes, as through the exploitation and manipulation of living organisms or biological systems, in the development or manufacture of a product or in the technological solution to a problem. company also based in Palo Alto, which showed a 31,567 percent increase from $279,000 in 1993 to $88,351,000 in 1997. Incyte has been on the list three consecutive times and was ranked Number 86 in 1996 and Number 118 in 1997. The state with the next closest number of companies is Massachusetts Massachusetts (măsəch `sĭts), most populous of the New England states of the NE United States. with 11 percent of the Fast 500 companies, primarily based
in and around the Boston Boston, town, EnglandBoston, town (1991 pop. 26,495), E central England, on the Witham River. Boston's fame as a port dates from the 13th cent., when it was a Hanseatic port trading wool and wine. Having recovered from a decline in the 18th and 19th cent. area. Virginia Virginia, state, United States Virginia, state of the south-central United States. It is bordered by the Atlantic Ocean (E), North Carolina and Tennessee (S), Kentucky and West Virginia (W), and Maryland and the District of Columbia (N and NE). , Maryland Maryland (mâr`ələnd), one of the Middle Atlantic states of the United States. It is bounded by Delaware and the Atlantic Ocean (E), the District of Columbia (S), Virginia and West Virginia (S, W), and Pennsylvania (N). , and Washington Washington, town, England Washington, town (1991 pop. 48,856), Sunderland metropolitan district, NE England. Washington was designated one of the new towns in 1964 to alleviate overpopulation in the Tyneside-Wearside area. state tied for third with 6 percent each of the Fast 500 companies. California companies made up the majority of the 175 companies based in the Western region, with 131 in Calif. As part of the Western region, the California-based Fast 500 winners showed an average percentage growth of 2,924 percent. The national average was slightly higher at 2,958 percent. The region with the highest percentage jump was the Southwest Southwest or south west is the ordinal direction halfway between south and west, the opposite of northeast. Southwest or south west may also refer to:
Thirty-one percent (41 of 131) of the California-based companies are in the software business, which mirrors the national trend that shows 41 percent of Fast 500 companies nationwide are software companies. Twenty-one twenty-one: see blackjack. percent (28 of 131) are in semiconductors, components or electronics, while 15 percent (19 of 131) are in communications. Companies in computers/peripherals are tied with biotechnology companies Top 100 Biotechnology Companies The following is a list of the top 100 biotechnology companies ranked by revenue. The first nine companies qualify for the list of the top 50 pharmaceutical companies. , each comprising 10.6 percent (14 of 131) of the total list. The remaining 11.8 percent are in medical/scientific/technical manufacturing, Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the and other related businesses. Twenty-one percent of the California-based winners appear on the Fast 500 list for the third consecutive year (1996, 1997, and 1998) while 47 percent appear for the second consecutive year (1997 and 1998). Integrated Process Equipment Corp. of San Jose, ranked Number 1 in 1997, is now ranked Number 30 in 1998. It ranked Number 20 in 1996. A list of the 131 California-based companies on the 1998 Technology Fast 500 is attached. Qualifying Criteria criteria (krītēr´ē  ),n. For the Fast 500 To qualify for the Fast 500, entrants must have had revenues of at least $50,000 in 1993 and at least $1,000,000 in 1997. They must be a U.S.-headquartered company developing and/or and/or conj. Used to indicate that either or both of the items connected by it are involved. Usage Note: And/or is widely used in legal and business writing. providing technology products or services. The Fast 500 is compiled from three sources: winners of Deloitte & Touche's 1998 regional U.S. Fast 50 programs; nominations submitted directly to the Fast 500; and public company database research. About Deloitte & Touche Deloitte & Touche LLP, 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 accounting and auditing, 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 23,000 people in offices in more than 100 U.S. cities. Deloitte & Touche LLP is part 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. , a global leader in professional services with more than 82,000 people in over 130 countries. NOTE TO EDITORS: For the complete list of Deloitte & Touche LLP Technology Fast 500 winners for 1998, visit the firm's Web site at www.us.deloitte.com/fast500. California-based Companies On the Deloitte & Touche LLP 1998 Technology Fast 500 The 131 California-based companies on the 1998 Fast 500 listing are listed in order of ranking, based on percentage growth in revenue over a five-year period (1993 to 1997).
No. 1 -- Advanced Fibre Communications Inc. of Petaluma --
43,103 percent
No. 3 -- Omnicell Technologies Inc. of Palo Alto -- 32,492 percent
No. 5 -- Incyte Pharmaceuticals Inc. of Palo Alto --
31,567 percent(b)
No. 16 -- NetVantage Inc. of El Segundo -- 14,043 percent
No. 21 -- PointCast Inc. of Sunnyvale -- 12,224 percent
No. 30 -- Integrated Process Equipment Corp. of San Jose --
9,962 percent(b)
No. 31 -- Computer Motion Inc. of Goleta -- 9,917 percent
No. 33 -- DepoTech Corporation of San Diego -- 9,726
No. 38 -- Cardiovascular Dynamics Inc. of Irvine -- 8,894
No. 41 -- QuadraMed Corporation of Richmond -- 8,590 percent
No. 46 -- Ascend Communications Inc. of Alameda -- 7,099 percent(b)
No. 47 -- Telecom Solutions Inc. of Lake Forest -- 6,932 percent(b)
No. 51 -- SPYRUS of San Jose -- 6,684 percent
No. 53 -- International Network Services of Sunnyvale --
6,612 percent(a)
No. 56 -- NETCOM On-Line Communication Services, Inc. of San Jose--
6,561 percent
No. 57 -- Marotz Inc. of Jamul -- 6,553 percent
No. 60 -- SIMS Communications Inc. of Irvine -- 6,207 percent
No. 66 -- Vista Medical Technologies Inc. of Carlsbad --
5,573 percent
No. 74 -- E-TRADE Group Inc. of Palo Alto -- 4,699 percent(a)
No. 76 -- The Vantive Corporation of Santa Clara -- 4,570 percent
No. 81 -- Arbor Software Corp. of Sunnyvale -- 4,184 percent
No. 90 -- Documentum Inc. of Pleasanton -- 3,564 percent(a)
No. 91 -- Genesys Telecommunications Laboratories, Inc. of San
Francisco -- 3,459 percent
No. 94 -- Cymer Inc. of San Diego -- 3,473 percent(a)
No. 100 -- Network Associates, Inc. of Santa Clara -- 3,318 percent(a)
No. 108 -- Broadcom Corp. of Irvine -- 3,147 percent
No. 110 -- XOMA Corp. of Berkeley -- 3,119 percent
No. 118 -- Cerus Corp. of Concord -- 2,879 percent
No. 120 -- SRS Labs Inc. of Santa Ana -- 2,756 percent
No. 126 -- VISTA Information Solutions Inc. of San Diego --
2,618 percent
No. 128 -- Clarify Inc. of San Jose -- 2,557 percent(a)
No. 136 -- Prism Solutions Inc. of Sunnyvale -- 2,398 percent
No. 140 -- Brio Technology Inc. of Palo Alto -- 2,316 percent
No. 143 -- Scopus Technology Inc. of Emeryville -- 2,235 percent
No. 144 -- Inhale Therapeutic Systems of San Carlos --
2,195 percent(a)
No. 146 -- MRV Communications Inc. of Chatsworth -- 2,128 percent(b)
No. 147 -- Premisys Communications Inc. of Fremont -- 2,127 percent(a)
No. 149 -- Mattson Technology, Inc. of Fremont -- 2,106 percent(b)
No. 154 -- Catalytica Inc. of Mountain View -- 2,066 percent
No. 162 -- DSP Communications Inc. of Cupertino -- 1,889 percent(a)
No. 163 -- Equipe Technologies Inc. of Sunnyvale -- 1,872 percent
No. 164 -- Imagyn Medical Technologies Inc. of Newport Beach --
1,872 percent(a)
No. 174 -- Alliance Pharmaceutical Corp. of San Diego -- 1,781
percent(b)
No. 175 -- EOS Corporation of Camarillo -- 1,772 percent
No. 188 -- EPIC Solutions Inc. of San Diego -- 1,701 percent
No. 189 -- Silicon Storage Technology Inc. of Sunnyvale --
1,697 percent(b)
No. 191 -- Intelligent Systems Technology Inc. of Santa Monica --
1,688 percent
No. 193 -- Captiva Software Corp. of San Diego -- 1,665 percent
No. 197 -- Anergen Incorporated of Redwood City -- 1,600 percent(b)
No. 198 -- UroQuest Medical Corp. of Menlo Park -- 1,590 percent
No. 199 -- Red Brick Systems Inc. of Los Gatos -- 1,589 percent(b)
No. 207 -- ESS Technology Inc. of Fremont -- 1,540 percent(a)
No. 209 -- Eltron International Inc. of Simi Valley --
1,515 percent(b)
No. 210 -- Vision Solutions Inc. of Irvine -- 1,501 percent(a)
No. 212 -- Agouron Pharmaceuticals Inc. of La Jolla --
1,498 percent(a)
No. 216 -- The Automatic Answer of San Juan Capistrano --
1,487 percent(a)
No. 219 -- Wynne Systems Inc. of Long Beach -- 1,463 percent
No. 220 -- Pacific Wave Technologies Inc. of Irvine -- 1,463 percent
No. 230 -- MetaCreations Corp. of Carpinteria -- 1,427 percent(a)
No. 231 -- Tyan Computer Corp. of Fremont -- 1,422 percent
No. 232 -- Remedy Corporation of Mountain View -- 1,421 percent(a)
No. 234 -- Micro Pulse Inc. of Camarillo -- 1,414 percent
No. 241 -- Nova Development Corp. of Calabasas -- 1,371 percent
No. 243 -- ProBusiness Services Inc. of Pleasanton -- 1,369 percent
No. 246 -- C Cube Microsystems Inc. of Milpitas-- 1,320 percent(b)
No. 247 -- Hybrid Networks Inc. of San Jose -- 1,313 percent
No. 249 -- Edify Corp. of Santa Clara -- 1,311 percent(a)
No. 251 -- PeopleSoft Inc. of Pleasanton -- 1,302 percent(b)
No. 254 -- Affymetrix Inc. of Santa Clara -- 1,299 percent
No. 259 -- Powerwave Technologies Inc. of Irvine -- 1,273 percent(a)
No. 268 -- SQRIBE Technologies of Menlo Park -- 1,220 percent
No. 280 -- QUALCOMM Inc. of San Diego -- 1,143 percent(a)
No. 281 -- Corvas International Inc. of San Diego -- 1,131 percent(a)
No. 285 -- Aura Systems, Inc. of El Segundo -- 1,116 percent(b)
No. 287 -- Trillium Digital Systems Inc. of Los Angeles --
1,108 percent(b)
No. 296 -- SCM Microsystems Inc. of Los Gatos -- 1,067 percent
No. 298 -- Software Technologies Corp. of Monrovia -- 1,061 percent(b)
No. 299 -- Astera Software of Pasadena -- 1,050 percent
No. 301 -- Storm Technology Inc. of Mountain View -- 1,047 percent(a)
No. 306 -- Aspect Development Inc. of Mountain View -- 1022 percent(a)
No. 311 -- CKS Group Inc. of Cupertino -- 1,010 percent(b)
No. 312 -- Harmonic Lightwaves Inc. of Sunnyvale -- 1,009 percent(b)
No. 313 -- HNC Software Inc. of San Diego -- 1,004 percent
No. 323 -- VERITAS Software Corp. of Mountain View -- 963 percent(b)
No. 325 -- Integrated Sensor Solutions Inc. of San Jose -- 955 percent
No. 329 -- Insync Systems Inc. of Milpitas -- 928 percent(b)
No. 336 -- Dura Pharmaceuticals Inc. of San Diego -- 901 percent(b)
No. 339 -- Cisco Systems Inc. of San Jose -- 892 percent(b)
No. 345 -- AXYS Pharmaceuticals Inc. of S. San Francisco -- 876
percent
No. 347 -- DAOU Systems Inc. of San Diego -- 875 percent
No. 350 -- CIM Vision International of Long Beach -- 864 percent
No. 353 -- Zoran Corp. of Santa Clara -- 859 percent(a)
No. 354 -- Gilead Sciences Inc. of Foster City -- 859 percent(a)
No. 355 -- Product Data Integration Technologies Inc. of Long Beach --
843 percent(a)
No. 356 -- Goldmine Software Corp. of Pacific Palisades -- 842
percent(a)
No. 357 -- Viasat Inc. of Carlsbad -- 841 percent(a)
No. 362 -- The Linksys Group Inc. of Irvine -- 825 percent
No. 375 -- WESTT Inc. of Menlo Park -- 787 percent(b)
No. 389 -- Oliver Design Inc. of Scotts Valley -- 761 percent
No. 390 -- SMART Modular Technologies Inc. of Fremont -- 760
percent(b)
No. 397 -- ViewSonic Corp. of Walnut -- 716 percent
No. 399 -- Landec Corp. of Menlo Park -- 713 percent
No. 402 -- AcuPrint Inc. of Carlsbad -- 703 percent
No. 406 -- Power Integrations Inc. of Sunnyvale -- 698 percent
No. 408 -- Chip Express Corp. of Santa Clara -- 696 percent(b)
No. 409 -- FullTime Software Inc. of San Mateo -- 692 percent
No. 410 -- ACT Networks Inc. of Camarillo -- 692 percent
No. 412 -- AstroTerra Corp. of San Diego -- 688 percent
No. 415 -- PairGain Technologies Inc. of Tustin -- 678 percent(b)
No. 416 -- Tecstar of City of Industry -- 675 percent(a)
No. 417 -- Gemstar International Group of Pasadena -- 674 percent
No. 418 -- Rambus Inc. of Mountain View -- 672 percent(a)
No. 426 -- Rainmaker Systems Inc. of Scotts Valley -- 654 percent
No. 434 -- On Command Corp. of San Jose -- 635 percent(a)
No. 435 -- CIDCO Inc. of Morgan Hill -- 635 percent(b)
No. 439 -- Asyst Technologies Inc. of Fremont - -630 percent(a)
No. 440 -- EndoSonics Corp. of Rancho Cordova -- 629 percent
No. 441 -- Aeronex Inc. of San Diego -- 628 percent
No. 450 -- Artisan Components, Inc. of Sunnyvale -- 606 percent
No. 451 -- Health Systems Design Corp. of Oakland -- 600 percent
No. 455 -- QuickLogic Corp. of Sunnyvale -- 591 percent(b)
No. 460 -- PLX Technology Inc. of Sunnyvale -- 582 percent
No. 465 -- Legato Systems Inc. of Palo Alto -- 573 percent(b)
No. 474 -- DK&A Inc. of San Diego -- 557 percent
No. 477 -- Flowline Inc. of Los Alamitos -- 555 percent
No. 478 -- Penederm Inc. of Foster City -- 553 percent(b)
No. 479 -- Avant! Corp. of Fremont -- 553 percent(a)
No. 482 -- Indus International Inc. of San Francisco -- 544 percent
No. 484 -- ResMed Inc. of San Diego -- 543 percent(a)
No. 485 -- ENCAD Inc. of San Diego -- 542 percent(b)
No. 496 -- KLA Tencor Corp. of San Jose-- 517 percent
(a) indicates second consecutive year on the Fast 500 list
(b) indicates third consecutive year on the Fast 500 list
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