Chorum Technologies Ranked Seventh by Arthur Andersen for Fast Tech 50 Award.Business Editors & High Tech Writers RICHARDSON, Texas--(BUSINESS WIRE)--May 30, 2001 Ninth Annual Award Honors the 50 Fastest-Growing Technology Companies in the Dallas/Fort Worth Metroplex The Dallas–Fort Worth–Arlington metropolitan area, a title designated by the U.S. Census as of 2003, encompasses 12 counties within the U.S. state of Texas. The metropolitan area is further divided into two metropolitan divisions: Dallas–Plano–Irving Chorum Technologies, a leading provider of all-optical processors and subsystems for high-capacity communications networks, today announced that it was recognized as one of the 10 fastest-growing companies in the Dallas area. Chorum Technologies was ranked as the seventh fastest-growing company in the Dallas area by Arthur Andersen For the U.S. Supreme Court case commonly known as Arthur Andersen, see . Arthur Andersen LLP, based in Chicago, was once one of the "Big Five" accounting firms (the other four are PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG), performing as part of their Fast Tech 50 awards program. This program recognizes the top 50 highest-growth high technology companies in the Dallas area based on year-over-year revenue growth. Chorum Technologies' growth rate of more than 300 percent garnered the top 10 position for the company. "To be recognized as one of the top 10 technology firms in revenue growth in the tech-heavy Dallas area is an important milestone for Chorum Technologies," said Scott Grout Grout A binding or structural agent used in construction and engineering applications. Grout is typically a mixture of hydraulic cement and water, with or without fine aggregate; however, chemical grouts are also produced. , Chorum Technologies' president and 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. . "Our growth, from a seed of an idea about how to build better networks, to a company today with one year of volume production to high-caliber customers, has been very a rewarding accomplishment for our team." The Fast Tech 50 award is sponsored by Andersen, who tabulates, audits and ranks contestants, and the Dallas Business Journal, as well as Brobeck, Phleger & Harrison, Attorneys at Law, KRLD News Radio and Sevin Rosen Funds Sevin Rosen Funds (SRF) is a venture capital firm that was established in 1981 by L.J. Sevin and Ben Rosen. SRF was involved in the financing of ArQule, CIENA, Citrix, Cypress Semiconductor, Electronic Arts, Lotus Development Corporation, Silicon Graphics, and Vitesse. . About Chorum Technologies Inc. Chorum Technologies Inc. is a leading provider of all-optical processors and subsystems in the fast-growing fiber-optics market. Chorum Technologies' PolarWave(TM) family of optical filtering, switching, routing and processing technologies enables networks that are faster, more flexible and more cost-effective than today's networks. Chorum Technologies Inc. was founded in 1996 and is based in the Telecom Corridor(R) of Richardson, Texas Richardson is a suburb in Dallas County and Collin County, Texas. As of the 2000 census, the city had a total population of 91,803, while according to a 2006 estimate, the population had grown to 99,200. . For more information, visit www.chorumtech.com. About Andersen Andersen is a global leader in professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. . It provides integrated solutions that draw on diverse and deep competencies in consulting, assurance, tax, corporate finance, and in some countries, legal services legal services n. the work performed by a lawyer for a client. . Andersen employs 85,000 people in 84 countries. Andersen is frequently rated among the best places to work by leading publications around the world. It is also consistently ranked first in client satisfaction in independent surveys. Andersen has enjoyed uninterrupted growth since its founding in 1913. Its 2000 revenues totaled US$8.4 billion. Learn more at www.andersen.com. PolarWave is a trademark of Chorum Technologies Inc. Telecom Corridor is a registered trademark of the Richardson Chamber of Commerce. |
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