Daktronics, Inc. Ranked 18th On List of 100 Fastest Growing Technology Companies by Business 2.0 Magazine.Business Editors & Technology/Sports Writers BROOKINGS, S.D.--(BUSINESS WIRE)--Sept. 17, 2002 Daktronics, Inc. (Nasdaq:DAKT), a designer, manufacturer and marketer of large screen video, computer-programmable information display systems and electronic scoreboards, was included in the list of fastest growing tech companies in Business 2.0 magazine's inaugural B2 100 ranking published in the October 2002 issue. Daktronics was number 18 on the list. Firms on the list represent the top five percent of a field of more than 2,000 publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. . The list of 2,000 technology companies was narrowed to those firms with a minimum of three year's history, $50 million in revenues, and positive cash flow from operations Cash flow from operations A firm's net cash inflow resulting directly from its regular operations (disregarding extraordinary items such as the sale of fixed assets or transaction costs associated with issuing securities), calculated as the sum of net income plus noncash expenses in the most recently reported 12 months. The remaining companies were then ranked by an algorithm algorithm (ăl`gərĭth'əm) or algorism (–rĭz'əm) [for Al-Khowarizmi], a clearly defined procedure for obtaining the solution to a general type of problem, often numerical. that combined 12-month stock-market return with revenue, earnings, and operating cash flow Operating cash flow Earnings before depreciation minus taxes. Measures the cash generated from operations, not counting capital spending or working capital requirements. growth during the past three years. The first three measures account for 20 percent of a company's overall ranking, the last for 40 percent. Daktronics has also been recognized for growth and excellence by other business magazines, with inclusion in rankings published by Fortune Small Business, Forbes and Business Week. About Business 2.0 Business 2.0, a magazine about insight, tools, and advantage in business, is published out of The FORTUNE Group at Time Inc., an AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. Time Warner company. For more information, visit its web site at www.business2.com. About Daktronics, Inc. Daktronics, Inc., a manufacturer and technical contractor, is one of the world's largest suppliers of electronic scoreboards, computer-programmable displays and large screen video boards. The company has strong leadership positions in electronic scoreboards; outdoor programmable display systems available in LED, incandescent in·can·des·cent adj. 1. Emitting visible light as a result of being heated. 2. Shining brilliantly; very bright. See Synonyms at bright. 3. and reflective Refers to light hitting an opaque surface such as a printed page or mirror and bouncing back. See reflective media and reflective LCD. technologies; and large screen video display and control. Daktronics has installed displays in more than 70 countries. For more information, visit the company's worldwide web site at http://www.daktronics.com, email the company at sales@daktronics.com, call toll-free 1-888-325-8766 in the U.S., or write to the company at 331 32nd Avenue, P.O. Box 5128, Brookings, SD 57006-5128. |
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