Prometheus Laboratories, Inc. Takes Top Spot in Deloitte & Touche's Orange County/San Diego Fast 50 Ranking of Fastest Growing Technology Companies.Business Editors COSTA MESA Costa Mesa (kŏs`tə mā`sə), city (1990 pop. 96,357), Orange co., S Calif., on the Pacific south of Santa Ana; inc. 1953. It is a transportation, residential, and light industrial center. , Calif.--(BUSINESS WIRE)--Oct. 8, 2002 Posts an Impressive 11,243% Revenue Growth Over Five-Year Period Prometheus Laboratories, Inc., a San Diego-based life sciences company, has been ranked the fastest growing technology company of the Orange County/San Diego region, in Deloitte & Touche's "2002 Orange County/San Diego Technology Fast 50" program. A newcomer to the list, Prometheus integrates therapeutics therapeutics Treatment and care to combat disease or alleviate pain or injury. Its tools include drugs, surgery, radiation therapy, mechanical devices, diet, and psychiatry. and diagnostics to provide physicians with a comprehensive solution for chronic disease treatment. The Fast 50 ranks the region's 50 fastest growing technology companies according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a five-year percentage growth in revenue. Prometheus posted an impressive 11,243% revenue growth rate over the past five years to top the list. This year's top Orange County winner, at #2 on the list, was The TriZetto Group, Inc., based in Newport Beach Newport Beach, residential and resort city (1990 pop. 66,643), Orange co., S Calif., on Newport Bay and the Pacific Ocean; inc. 1906. It is a popular seaside resort and yachting center. Manufactures include electrical and medical equipment, computers, boats, and adhesives. . The company specializes in healthcare information technology products and services, and boasted a 8,561% five-year revenue growth. Of the 50 companies, 26 were based in Orange County, half of which were repeat winners to the list. In addition, three Irvine-based companies have been named to the Fast 50 for the past five consecutive years: Broadcom Corporation, a semiconductor/equipment company with a five-year revenue growth rate of 2,503%; Quest Software The computer-software manufacturer Quest Software (Quest Software, Inc.) (NASDAQ: QSFT), headquartered in Aliso Viejo, California, dates from 1987. Quest develops, sells, and supports database management, Windows management, and application management software products , Inc., a company which specializes in software, with a five-year revenue growth of 1,240%; and The Linksys Group, Inc., a computers/peripherals firm with a five-year revenue growth rate of 981%. "Despite the business and economic challenges over the past year, we were happy to see the majority of our winners return to the list from previous years," said Fred Poska, partner, Orange County Technology, Media & Telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. group, Deloitte & Touche. "These companies are an inspiration to us all that hard work and persistence are still what it takes to be a success in today's marketplace." The 2002 Orange County/San Diego Technology Fast 50 companies (in ranked order) are as follows:
Rank Company Name City 5-Yr Ticker Exchange
Growth
1 Prometheus Laboratories Inc. San Diego 11243% Private N/A
2 The TriZetto Group, Inc.(a)(b) Newport 8561% TZIX NASDAQ
Beach
3 Micro General Corporation(a)(b) Santa Ana 7662% MGEN NASDAQ
4 SEQUENOM, Inc.(a) San Diego 5732% SQNM NASDAQ
5 Myrient, Inc.(b) Aliso Viejo 5007% MYNT OTCBB
6 CardioDynamics International San Diego 4000% CDIC NASDAQ
Corporation(a)
7 Starbase Corporation(a)(b) Santa Ana 3908% SBAS NASDAQ
8 Bridge Technology, Inc.(b) Garden Grove 3115% BRDG NASDAQ
9 Diversa Corporation(a) San Diego 3020% DVSA NASDAQ
10 Broadcom Corporation(a)(b) Irvine 2503% BRCM NASDAQ
11 ComGlobal Systems, Inc.(a) San Diego 2489% Private N/A
12 Invitrogen Corporation(a) Carlsbad 2421% IVGN NASDAQ
13 Avanir Pharmaceuticals San Diego 1801% AVN ASE
14 I/OMagic Corporation(a)(b) Santa Ana 1580% IOMC OTC
15 Quest Software, Inc.(a)(b) Irvine 1240% QSFT NASDAQ
16 Discovery Partners San Diego 1206% DPII NASDAQ
International(a)
17 Novatel Wireless, Inc.(a) San Diego 1201% NVTL NASDAQ
18 Lightspan, Inc. San Diego 1057% LSPN NASDAQ
19 The Linksys Group, Inc.(a)(b) Irvine 981% Private N/A
20 Mission Controls Automation, Irvine 910% Private N/A
Inc.(b)
21 BIOLASE Technology, Inc.(a)(b) San Clemente 902% BLTI NASDAQ
22 Wireless Facilities, Inc.(a) San Diego 813% WFII NASDAQ
23 WebSideStory San Diego 792% Private N/A
24 Cardiac Science, Inc.(b) Irvine 778% DFIB NASDAQ
25 Telenetics Corporation(b) Lake Forest 772% TLNT NASDAQ
26 Endocare, Inc.(b) Irvine 686% ENDO NASDAQ
27 Applied Micro Circuits San Diego 658% AMCC NASDAQ
Corporation
28 Syagen Technologies, Inc.(a)(b) Tustin 644% Private N/A
29 Worldwide Wireless Networks(b) Orange 623% WWWN OTC
30 Websense, Inc.(a) San Diego 615% WBSN NASDAQ
31 The Titan Corporation(a) San Diego 573% TTN NYSE
32 Primal Solutions, Inc.(b) Irvine 561% PSOL OTC
33 IDEC Pharmaceuticals San Diego 511% IDPH NASDAQ
Corporation(a)
34 SmartDraw.com(a) San Diego 464% Private N/A
35 ImageWare Systems, Inc.(a) San Diego 461% IW ASE
36 QLogic Corporation(b) Aliso Viejo 419% QLGC NASDAQ
37 SureBeam Corporation San Diego 400% SURE NASDAQ
38 Immune Response Corporation(a) Carlsbad 398% IMNR NASDAQ
39 Tickets.com, Inc.(a)(b) Costa Mesa 382% TIXX NASDAQ
40 Autobytel.com, Inc.(a)(b) Irvine 363% ABTL NASDAQ
41 DDi Corporation(a)(b) Anaheim 359% DDIC NASDAQ
42 Sonnet Technologies, Inc.(a)(b) Irvine 295% Private N/A
43 Emulex Corporation(b) Costa Mesa 279% EMX NYSE
44 TCI Solutions, Inc.(b) Irvine 278% Private N/A
45 Viasat, Inc.(a) Carlsbad 244% VSAT NASDAQ
46 Nanogen, Inc.(a) San Diego 232% NGEN NASDAQ
47 Interpore Cross Irvine 231% BONZ NASDAQ
International, Inc.(b)
48 Micro Therapeutics, Inc.(b) Irvine 223% MTIX NASDAQ
49 REMEC Inc.(a) San Diego 218% REMC NASDAQ
50 ResMed(a) Poway 215% RMD NYSE
(a) Denotes repeat winners; (b) denotes Orange County winners Five additional companies were honored in a special "Rising Star" category, which seeks to recognize selected technology companies that have achieved outstanding growth, and that meet all eligibility requirements but have been in business for three or four years. Those companies were: 1) Exult, Inc. (Irvine; 5,511% revenue growth rate); 2) Continuous Computing  This article about a company does not make it clear whether the subject meets the Wikipedia criteria for . Corporation (San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. ; 559%
revenue growth rate); 3) WIDCOMM, Inc. (San Diego; 529% revenue growth
rate); 4) Access360 (Irvine; 523% revenue growth rate); and 5) Illumina,
Inc. (San Diego; 424% revenue growth rate).All of the Orange County/San Diego Fast 50 companies will automatically be entered in the Deloitte & Touche Technology Fast 500, a ranking of the 500 fastest growing technology companies 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. . The 2002 North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Technology Fast 500 list release date is October 16, 2002 and will appear on www.fast500.com and www.forbes.com. The Orange County/San Diego Technology Fast 50 program is presented by Deloitte & Touche, and sponsored by Bowne, Brobeck, Comerica, E-Media Corporation, Marsh, KPBS, and in association with AeA, CMTC CMTC S-(carboxymethylthio)cysteine CMTC Combat Maneuver Training Center (US Army) CMTC California Manufacturing Technology Consulting CMTC Cutis Marmorata Telangiectatica Congenita , Promotions by Design, Software Council of 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, , and The T Sector. Fast 50 Criteria Winning companies have self-nominated or have been nominated nom·i·nate tr.v. nom·i·nat·ed, nom·i·nat·ing, nom·i·nates 1. To propose by name as a candidate, especially for election. 2. To designate or appoint to an office, responsibility, or honor. by a third party. To qualify, companies must be in business for a minimum of 5 years; must not be a subsidiary or division; must have 1997 revenues of at least $50,000, and 2001 revenues of $1 million or more; and must be considered a technology company which is specifically defined as a company that owns 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. , or a company that devotes a high percentage of effort to research and development of technology. Using other companies' technology in a unique way does not qualify. 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 our clients and our people excel. Known as an employer of choice for 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 five consecutive years. Deloitte & Touche refers to Deloitte & Touche LLP LLP - Lower Layer Protocol and its 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, please visit Deloitte & Touche's Web site at www.deloitte.com/us. |
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