Elantec Semiconductor Chosen by Fortune as One of America's Fastest-Growing Companies.Business Editors MILPITAS Milpitas (mĭl'pē`təs), city (1990 pop. 50,686), Santa Clara co., W Calif., a suburb of San Jose, southeast of San Francisco; inc. 1954. Manufactures include computers and paint. , Calif.--(BUSINESS WIRE)--Aug. 10, 2001 Elantec Semiconductor, Inc. (Nasdaq:ELNT), a leader in high-performance Adj. 1. high-performance - modified to give superior performance; "a high-performance car" superior - of high or superior quality or performance; "superior wisdom derived from experience"; "superior math students" analog ICs, today announced that Fortune Small Business has chosen it as the eighth fastest-growing small company in America America [for Amerigo Vespucci], the lands of the Western Hemisphere—North America, Central (or Middle) America, and South America. The world map published in 1507 by Martin Waldseemüller is the first known cartographic use of the name. . To be considered, companies had to be in business for at least three years as of Dec. 31, 2000, be publicly traded on one of the major stock exchanges, and have $200 million or less in revenue for the year 2000. Each company was ranked based on earnings growth, revenue growth and total stock return, including dividends. The rankings were averaged to find the fastest-growers. Elantec ranked No.8 on the list based on earnings per share growth of 117.2%, revenue growth of 37.9%, and a total return of 107.8%. Commenting on the announcement, Brian McDonald For the former professional ice hockey player, see Brian McDonald (ice hockey) Brian "Beano" McDonald is a Laois Gaelic footballer who won two All-Ireland Minor Football Championship medals in 1996 and 1997 and a Leinster Senior Football Championship medal in 2003. , chief financial officer, said, "We are extremely pleased to be included in the Top 10 of Fortune's Small Business Top 100 fastest-growing companies in America for the year 2000. Their balanced selection criteria of revenue growth, earnings growth and stockholder value returns is further confirmation of the success of our business model." Elantec Semiconductor designs, manufactures and markets high performance analog integrated circuits Integrated circuits Miniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1. primarily for the video, optical storage, communications, and power management markets. The Company targets high growth commercial markets in which advances in digital circuit technology are driving increased demand for high speed, high performance and low power consumption products. For additional information visit the Company's website at www.elantec.com or contact Debbie Ceraolo-Johnson in our Investor Relations Investor relations The process by which the corporation communicates with its investors. Department at 408/945-1323 ext. 507. |
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