Prometheus Laboratories, Inc. Takes Top Spot in Deloitte & Touche's Orange County/San Diego Fast 50 Ranking of Fastest Growing Technology Companies.Business Editors SAN DIEGO--(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. Of the 50 companies, 24 were based in 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. , and 26 in Orange County. Nearly 80% of the San Diego companies were repeat winners to the list. "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 Helen Adams Helen Adams (born May 30, 1978 in Cwmbran, South Wales) rose to fame in the UK when she was chosen to be a contestant on the second series of the reality television show Big Brother, in 2001. , partner, San Diego 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 (1) In a CRT, the time a phosphor dot remains illuminated after being energized. Long-persistence phosphors reduce flicker, but generate ghost-like images that linger on screen for a fraction of a second. 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:
5-Yr
Rank Company Name City Growth Ticker Exchange
1 Prometheus Laboratories
Inc.(b) San Diego 11243% Private N/A
2 The TriZetto Group,
Inc.(a) Newport Beach 8561% TZIX NASDAQ
3 Micro General
Corporation(a) Santa Ana 7662% MGEN NASDAQ
4 SEQUENOM, Inc.(a)(b) San Diego 5732% SQNM NASDAQ
5 Myrient, Inc. Aliso Viejo 5007% MYNT OTCBB
6 CardioDynamics
International
Corporation(a)(b) San Diego 4000% CDIC NASDAQ
7 Starbase Corporation(a) Santa Ana 3908% SBAS NASDAQ
8 Bridge Technology, Inc. Garden Grove 3115% BRDG NASDAQ
9 Diversa Corporation(a)(b) San Diego 3020% DVSA NASDAQ
10 Broadcom Corporation(a) Irvine 2503% BRCM NASDAQ
11 ComGlobal Systems,
Inc.(a)(b) San Diego 2489% Private N/A
12 Invitrogen
Corporation(a)(b) Carlsbad 2421% IVGN NASDAQ
13 Avanir Pharmaceuticals(b) San Diego 1801% AVN ASE
14 I/OMagic Corporation(a) Santa Ana 1580% IOMC OTC
15 Quest Software, Inc.(a) Irvine 1240% QSFT NASDAQ
16 Discovery Partners
International(a)(b) San Diego 1206% DPII NASDAQ
17 Novatel Wireless,
Inc.(a)(b) San Diego 1201% NVTL NASDAQ
18 Lightspan, Inc.(b) San Diego 1057% LSPN NASDAQ
19 The Linksys Group, Inc.(a) Irvine 981% Private N/A
20 Mission Controls
Automation, Inc. Irvine 910% Private N/A
21 BIOLASE Technology,
Inc.(a) San Clemente 902% BLTI NASDAQ
22 Wireless Facilities,
Inc.(a)(b) San Diego 813% WFII NASDAQ
23 WebSideStory(b) San Diego 792% Private N/A
24 Cardiac Science, Inc. Irvine 778% DFIB NASDAQ
25 Telenetics Corporation Lake Forest 772% TLNT NASDAQ
26 Endocare, Inc. Irvine 686% ENDO NASDAQ
27 Applied Micro Circuits
Corporation(b) San Diego 658% AMCC NASDAQ
28 Syagen Technologies,
Inc.(a) Tustin 644% Private N/A
29 Worldwide Wireless
Networks Orange 623% WWWN OTC
30 Websense, Inc.(a)(b) San Diego 615% WBSN NASDAQ
31 The Titan
Corporation(a)(b) San Diego 573% TTN NYSE
32 Primal Solutions, Inc. Irvine 561% PSOL OTC
33 IDEC Pharmaceuticals
Corporation(a)(b) San Diego 511% IDPH NASDAQ
34 SmartDraw.com(a)(b) San Diego 464% Private N/A
35 ImageWare Systems,
Inc.(a)(b) San Diego 461% IW ASE
36 QLogic Corporation Aliso Viejo 419% QLGC NASDAQ
37 SureBeam Corporation(b) San Diego 400% SURE NASDAQ
38 Immune Response
Corporation(a)(b) Carlsbad 398% IMNR NASDAQ
39 Tickets.com, Inc.(a) Costa Mesa 382% TIXX NASDAQ
40 Autobytel.com, Inc.(a) Irvine 363% ABTL NASDAQ
41 DDi Corporation(a) Anaheim 359% DDIC NASDAQ
42 Sonnet Technologies,
Inc.(a) Irvine 295% Private N/A
43 Emulex Corporation Costa Mesa 279% EMX NYSE
44 TCI Solutions, Inc. Irvine 278% Private N/A
45 Viasat, Inc.(a)(b) Carlsbad 244% VSAT NASDAQ
46 Nanogen, Inc.(a)(b) San Diego 232% NGEN NASDAQ
47 Interpore Cross
International, Inc. Irvine 231% BONZ NASDAQ
48 Micro Therapeutics, Inc. Irvine 223% MTIX NASDAQ
49 REMEC Inc.(a)(b) San Diego 218% REMC NASDAQ
50 ResMed(a)(b) Poway 215% RMD NYSE
(a) Denotes repeat winners; (b) denotes San Diego area winners Five additional companies were honored hon·or n. 1. High respect, as that shown for special merit; esteem: the honor shown to a Nobel laureate. 2. a. Good name; reputation. b. 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; 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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