LIST HAILS AREA'S HIGH-TECH GROWTH.Byline: Ben Sullivan Daily News Staff Writer Giving testament to the region's growing technological heft, 18 area companies were identified Monday by accounting firm Deloitte & Touche as among the fastest-growing in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, . Deloitte & Touche's annual Technology Fast 50 list, which has become a source of bragging rights among the Southland's ``digerati The "digital elite." People who are extremely knowledgeable about computers. It often refers to the movers and shakers in the industry. Digerati is the high-tech equivalent of "literati," which refers to scholars and intellectuals, or "glitterati," the rich and famous. ,'' identifies the fastest-growing technology-driven firms in Southern California, pitting companies in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , Riverside, San Bernardino San Bernardino, city, United States San Bernardino (săn bûr'nədē`nō), city (1990 pop. 164,164), seat of San Bernardino co., S Calif., at the foot of the San Bernardino Mts.; inc. 1854. , Santa Barbara Santa Barbara (săn'tə bär`brə, –bərə), city (1990 pop. 85,571), seat of Santa Barbara co., S Calif., on the Pacific Ocean; inc. 1850. and Ventura counties against one another. To qualify, a company must have been in business for at least five years and have had 1993 revenues of $50,000 or more. Growth is measured in revenues, and both public and privately held companies privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. are eligible. In the area, winners span biomedicine biomedicine /bio·med·i·cine/ (bi?o-med´i-sin) clinical medicine based on the principles of the natural sciences (biology, biochemistry, etc.).biomed´ical bi·o·med·i·cine n. 1. to telecommunications, with 13 of the 18 firms located in Chatsworth, Camarillo and Calabasas. ``We do notice in that area there's a cluster,'' said Deloitte & Touche spokeswoman Suzanne Thompson. While identifying this year's winners, the Big Five accounting firm has not yet ranked the companies. A final list, including rank and percentage growth, will be announced in September, Thompson said. Last year's winners had five-year growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. between 280 percent and 7,000 percent, she said. Though the award has little practical effect on the business of most honorees, it reflects the growing role of technology regionally. It also can serve as a morale booster for employees at firms that don't normally get a lot of public attention, said Fred Deindoerfer, chief executive of Chatsworth-based International Remote Imaging Systems Inc., one of this year's winners. IRIS makes machines that rapidly screen urine samples for disease. ``It's something you take home to your family,'' Deindoerfer said of the honor, ``but regardless, you still have to do your job the next day.'' FAST 50 A cluster of companies from Camarillo, Calabasas and Chatsworth appear on this year's list by Deloitte & Touche of the Technology Fast 50, the fastest-growing technology-driven companies in Southern California. Company Headquarters BioSource International Inc. Camarillo Canoga Perkins Corp. Chatsworth Data Direct Inc. Chatsworth Eltron International Simi Valley EOS Eos (ē`ŏs), in Greek religion and mythology, goddess of dawn; daughter of the Titans Hyperion and Theia. Every morning she arose early and preceded her brother Helios into the heavens. Corp. Camarillo Interlink Electronics Inc. Camarillo International Remote Imaging Systems Inc. Chatsworth Micro Pulse Inc. Camarillo MRV Communications Inc. Chatsworth Nova Development Corp. Calabasas Optical Communication Products Inc. Chatsworth Power-One Inc. Camarillo Semtech Corp. Newbury Park Tekelec Calabasas Thinque Systems Corp. North Hollywood THQ THQ Toy Headquarters THQ Territorial Headquarters THQ Tehsil Headquarters (Pakistan) THQ The Holy Quran THQ Theater Headquarters Inc. Calabasas Vitesse Semiconductor Corp. Camarillo Xircom Inc. Thousand Oaks SOURCE: Deloitte & Touche CAPTION(S): Photo, Box PHOTO (Color) Jorge Torres works at International Remote Imaging Systems, which has made Deloitte & Touche's '98 Technology Fast 50 list. John McCoy/Daily News BOX: FAST 50 (see text) |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion