Chorum Technologies Receives FastTech 50 Award for Third Consecutive Year.Business Editors RICHARDSON, TEXAS--(BUSINESS WIRE)--June 20, 2002 Tenth 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 low-cost, high-capacity networks, today announced that it was recognized as one of the 10 fastest-growing companies in the Dallas area. This marks the third year Chorum Technologies has been named to the list, and the second consecutive year the company was ranked as the seventh fastest-growing company in the Dallas area by the Dallas Business Journal FastTech 50 awards program. Chorum Technologies was the only company from the 2001 list to maintain its position in the top 10 this year. 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 211 percent garnered the top 10 position for the company. Additionally, Chorum Technologies, represented by 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. , 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. , was selected as a regional finalist in Ernst & Young's Entrepreneur entrepreneur (än'trəprənûr`) [Fr.,=one who undertakes], person who assumes the organization, management, and risks of a business enterprise. of the Year(R) award for the Southwest Area. "It is rewarding for Chorum Technologies and our customers for us to continue to be recognized by such prestigious programs, on both the local and national level," said Scott Grout, Chorum Technologies' president and CEO. "This recognition is further validation See validate. validation - The stage in the software life-cycle at the end of the development process where software is evaluated to ensure that it complies with the requirements. that we have put all-optical, next-generation functionality in a product line that the world's biggest manufacturers in fiber optics fiber optics, transmission of digitized messages or information by light pulses along hair-thin glass fibers. Each fiber is surrounded by a cladding having a high index of refractance so that the light is internally reflected and travels the length of the fiber will buy," he said. About Chorum Technologies Chorum Technologies is a leading provider of all-optical processors and subsystems for high-capacity communications networks The transmission channels interconnecting all client and server stations as well as all supporting hardware and software. . 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 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. Chorum and Chorum Technologies are registered trademarks and PolarWave, PolarCast, PolarTune, PolarShift and PolarModule are trademarks of Chorum Technologies. Telecom Corridor(R) is a registered trademark of the Richardson Chamber of Commerce. |
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