Deloitte & Touche notes CaseStack, Youbet for growth.SEVERAL L.A. County firms have made Deloitte & Touche USA's list of fastest-growing Southern California tech firms. The list was based on percentage revenue growth over the last five years. The No. 2 firm on the list was Santa Monica-based CaseStack Inc., a company that provides outsourcing to mid-sized consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and packaging companies. CaseStack saw growth of 2,443 percent in that period. Other Los Angeles-based companies that made the list included No. 3 online horse race betting firm Youbet.com Inc., which saw 1,305 percent revenue growth; No. 5 dial-up Internet service provider Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. United Online Inc. (818 percent); No. 7 online advertising network ValueClick Inc. (577 percent); No. 9 messaging service j2 Global Communications j2 Global Communications (Nasdaq:JCOM) is a company based in Hollywood, California that offers messaging and communications services. Its most popular service is called "eFax", which allows users to send and receive faxes via the Internet. j2 was previously called JFAX. Inc. (333 percent); No. 20 semiconductor producer Diodes Inc. (130 percent) and No. 21 and No. 28, videogame producers Activision Inc. (127 percent) and THQ THQ Toy Headquarters THQ Territorial Headquarters THQ Tehsil Headquarters (Pakistan) THQ The Holy Quran THQ Theater Headquarters Inc. (100 percent). Who was No. 1? Occam Networks Inc., the Santa Barbara-based tech firm that supplies innovative Ethernet and Internet-based loop carrier equipment to telecommunications service providers. Occam registered an eye-popping increase of 48,958 percent from 2001 to 2005. The firm is riding the crest of the explosion in the field of video and broadband data, and has benefited greatly from its development of a system that efficiently delivers "triple play" service--video, Internet access and telephone service--so popular with cable, telephone and satellite companies these days. Along with the growth ranking, Occam is celebrating its recent approval from the Nasdaq stock market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. to list its shares. The stock, available as of Oct. 9 under the symbol OCNW OCNW Ohio City Near West Development Corporation (Ohio City, OH) OCNW Open College North West (adult college, Lancashire, UK) , is hovering around $18.50 per share. |
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