Los Angeles-Area Companies Among Deloitte & Touche Ranking of North America's 500 Fastest-Growing Technology Firms.Business Editors & High-Tech Writers LOS ANGELES--(BUSINESS WIRE)--Nov. 14, 2001 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. Is Top Local Firm at No. 50 Spot Ten Los Angeles-area companies have been recognized among North America's fastest-growing technology firms in the seventh annual "Technology Fast 500" ranking announced today by Deloitte & Touche's Technology & Communications Group. The Technology Fast 500 ranks the fastest-growing technology companies based on average five-year percentage revenue growth. Of the 10 local companies, half were repeat Fast 500 winners. The companies included three software firms, three computer firms, two specializing in components, and one each in Internet and in communications. j2 Global Communications, a Hollywood-based communications firm, was the highest-ranking local company at No. 50 on the Fast 500 list. j2 Global posted an impressive five-year revenue growth rate of 13,170 percent. "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. continues to be fertile ground for fast-growing companies," said Gary Dickey, a partner in Deloitte & Touche's Los Angeles Technology & Communications Group. "We are happy to recognize these successful companies and the positive impact that they have on the economy of this region." Second among the Los Angeles-area companies was Digital Insight Corp. at No. 184 and a repeat Fast 500 winner. Digital Insight is a Calabasas-based computer firm with a five-year revenue growth rate of 3,387 percent. The next local company on the Fast 500 list was Guidance, an Internet firm based in Marina del Rey Del Rey may refer to:
The 10 Los Angeles-area Fast 500 winners are as follows:
Rank Company Name City 5 Yr. %
Growth
50 j2 Global Communications Hollywood 13,170%
184 Digital Insight Corp. Calabasas 3,387%
205 Guidance Marina del Rey 3,067%
232 Adexa Inc. Los Angeles 2,636%
267 LAUNCH Media Inc. Santa Monica 2,142%
318 Line 6 Inc. Agoura Hills 1,665%
350 Capstone Turbine Corp. Chatsworth 1,484%
461 Encore Software Inc. Gardena 974%
478 I/O Software Inc. Riverside 905%
497 Activision Inc. Santa Monica 832%
The Fast 500 also recognizes "Rising Stars" that have experienced impressive revenue growth and meet the same program criteria yet have been in business less than five years, but at least three years. Two Los Angeles-area companies were recognized among this year's Rising Stars: Chino-based Alorica Inc., an outsourced customer relationship management services company with a three-year revenue growth rate of 42,700 percent, and GoTo.com, an Internet search company based in Pasadena, which experienced a 12,437 percent three-year revenue growth rate. Qualifying Criteria for the Fast 500 The Fast 500 list is compiled from three sources: winners and candidates of Deloitte & Touche's 22 regional North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Fast 50 programs, nominations submitted directly to the Fast 500 and public company database research. To qualify for the Fast 500, entrants must have had 1996 revenues of at least $50,000 USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. and $75,000 CD for the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada, respectively. Entrants are public or private companies with headquarters in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and must be a "technology company," defined as a company that develops proprietary technology that contributes to a significant portion of the company's operating revenues operating revenue Revenue from any regular source. Revenue from sales is adjusted for discounts and returns when calculating operating revenue. Compare other revenue. , manufactures a technology-related product, or devotes a high percentage of effort to research and development of technology. About Deloitte & Touche Deloitte & Touche, one of the nation's leading professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. firms, provides assurance and advisory, tax, and management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects services through nearly 30,000 people in more than 100 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for its innovative human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. programs, Deloitte & Touche has been recognized as one of the "100 Best Companies to Work For in America" by Fortune magazine for four consecutive years. Deloitte & Touche refers to Deloitte & Touche LLP LLP - Lower Layer Protocol and related entities. Deloitte & Touche is the U.S. national practice of Deloitte Touche Tohmatsu Deloitte & Touche (also referred to as Deloitte Touche Tohmatsu, and branded as Deloitte.) is the second largest professional services firm in the world, and one of the Big Four auditors, along with PricewaterhouseCoopers, Ernst & Young and KPMG. . Deloitte Touche Tohmatsu is a Swiss Verein A Swiss Verein ("Verein" is German for "Union") is a legal structure in Swiss law. It is similar to the Anglo-American voluntary association. Unlike Germany, a Swiss Verein does not need to be registered in order to have a separate legal personality. Most Swiss NGOs resp. , and each of its national practices is a separate and independent legal entity. For more information, visit Deloitte & Touche's Web site at www.us.deloitte.com. About Deloitte & Touche's Technology & Communications Group The Technology & Communications Group is composed of service professionals who have a wealth of experience serving technology and communications companies Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. throughout the world in areas including Internet, software, semiconductors, cable, media and publishing, communication utilities, networking, wireless, computers and peripherals, and related industries. These specialists understand the challenges that technology and communications companies face throughout all stages of their business growth cycle and are committed to helping them succeed. Deloitte & Touche is a leader in providing strategic, financial, operational and information technology assistance to its technology and communications clients. Note to Editors: For a complete list of the Deloitte & Touche Technology Fast 500 winners for 2001 and past years, visit www.fast500.com. |
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