California Headquarters 70 of the 200 Fastest-Growing Electronics Companies in the Nation.

SACRAMENTO, Calif.--(BUSINESS WIRE)--July 31, 1996--Riding the white-hot technology market, California is home to 70 of the top 200 electronics companies in the U.S., as surveyed in the July issue of Electronic Business Today magazine.

"In many cases, these are the companies that are leaders in their respective fields who have leapt ahead of the competition and have chosen California in which to grow and develop their business," said Trade and Commerce Agency Secretary Julie Meier Wright. "Sales track records also have a direct correlation to California's preeminence in exports."

It marked the fourth straight year California has led the nation in electronics concerns represented in the annual survey. New York was next with 16 headquarters, followed by New York (15) and Illinois and Connecticut with 11 each.

California garnered four of the top 10 companies on the list, including No. 2 Hewlett-Packard, the Palo Alto-based computer maker which unseated AT&T Corp. Other notables included $18 billion chipmaker Intel at No. 5, Los Angeles-based Hughes Electronics at No. 6 and Apple Computer at No. 10.

Sales of computer peripherals, components and personal computers which have driven California's exports to record levels in recent years fueled growth for a number of California companies. For example, Intel Corp., whose exports rose 19 percent last year, moved from the 8th-largest electronics company in the country to 5th; and Santa Clara-based Applied Materials moved to 32nd from 57th the previous year.

Companies on the Electronic Business Today list are ranked by annual electronics sales from 1994 to 1995. To be eligible, companies had to have at least $270 million in annual sales and must have been in business at least six years.

Following is a city breakdown of California's 70 headquartered companies on the 1995 listing:

San Jose (13) -- Cisco Systems; Maxtor; VLSI Technology; Atmel; Cypress Semiconductor ; KLA Instruments; Cadence Design Systems; Silicon Valley Group; Xilinx; Altera; Novellus; Bell Microproducts; StrataCom;

Los Angeles area (11) -- Hughes Electronics; Merisel Corp. (El Segundo); Northrop Grumman; Litton Industries (Woodland Hills); Marshall Industries (El Monte); Wyle Laboratories (El Segundo); Beckman Industries (Fullerton); International Rectifier (El Segundo); Bell Industries ; Logicon (Torrance); Teledyne.

Milpitas (8) -- Slectron; Quantum; LSI Logic; Read-Rite; Adaptec; Octel Communications; Komag; Linear Technology.

Santa Clara (6) -- Intel Corp.; Applied Materials; National Semiconductor; Bay Networks; 3Com; Integrated Device Technology;

Mountain View (6) -- Sun Microsystems; Silicon Graphics; Adobe Systems; Intuit; Tencor Instruments; Acuson;

Redwood City (4) -- Oracle; California Microwave; VeriFone; Network Equipment Tech;

Cupertino (4) -- Tandem Computers; Apple Computer; Symantec; Measurex;

Sunnyvale (3) -- Advanced Micro Devices; Amdahl; Maxim;

Palo Alto (3) -- Hewlett-Packard; Varian Associates; Watkins- Johnson;

Irvine (2) -- Western Digital; AST Research ;

Fremont (2) -- Cirrus Logic; Lam Research;

Menlo Park (2) -- Raychem; Informix;

San Mateo (1) -- Electronic Arts;

Scotts Valley (1) -- Seagate Technology;

Emeryville (1) -- Sybase;

San Rafael (1) -- Autodesk;

Santa Barbara (1) -- Applied Magnetics (Goleta);

Seal Beach (1) -- Rockwell International.

Copies of the survey can be obtained by calling Kathy Herold at the California Trade and Commerce Agency, 916/324-8214.

CONTACT: California Trade and Commerce Agency, 916/324-8214

Mike Marando, 916/323-9880