Ribapharm Inc. Tops Orange County Companies on Deloitte & Touche's Orange County/San Diego Fast 50 Ranking of Fastest Growing Tech 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)--Sept. 11, 2001 Leads biotech category with 8,732% revenue growth Ribapharm Inc., a biotechnology company based in Costa Mesa, was the top ranked Orange County company in Deloitte & Touche's "2001 Orange County/San Diego Technology Fast 50," an annual program which recognizes 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. five-year revenue growth percentage. The Fast 50 ranking was revealed at an awards dinner on September 10 at the Marriott Laguna Cliffs Resort, Dana Point. Ribapharm, which researches and develops anti-viral and cancer drugs, had a five-year revenue growth rate of 8,732%. The firm topped the list's 10 biotech companies, eight of which were based in the 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. area, and two in Orange County. The other Orange County-based biotech firm, Sicor Inc., was ranked number forty-six, with a five-year revenue growth rate of 404%. "It's interesting to note that our top biotech company is based in Orange County, not in San Diego," said Fred Poska, partner, Orange County Technology & Communications Group, Deloitte & Touche. "Biotechnology continues to grow and serve as a vital category in the technology sector. In fact, the number of biotech companies on our list this year has doubled from last year." Other Orange County-based companies that ranked in the top ten for 2001 are number six-ranked Aspeon Inc., a computer/peripherals company based in Irvine, with a five-year revenue growth rate of 5436%: and number seven-ranked Broadcom, a communications company 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. also based in Irvine. This is the fourth consecutive year that Broadcom has appeared on the Fast 50 ranking. In 2000, it was ranked number four; in 1999, it ranked number two; and in 1998, it ranked number four. Six other Orange County-based companies have won four or more consecutive years, including 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 software company based in Irvine; The Linksys Group Inc., a computer/peripherals company based in Irvine; Powerwave Technologies Inc., a communications/networking firm based in Santa Ana Santa Ana, city, El Salvador Santa Ana (sän'tä ä`nä), city (1993 pop. 129,873), W El Salvador. It is the second largest city in the country and the commercial and processing center for a sugarcane, coffee, and cattle region. ; SRS Labs SRS Labs, formed in 1993 from the audio division of the Hughes Aircraft Company, is dedicated to developing and licensing audio enhancement technologies. Its flagship technology is the Sound Retrieval System. Inc., an equipment company based in Santa Ana; and Meade Instruments
Meade Instruments Corporation (aka Meade) is a company based in Irvine, California, that manufactures and imports telescopes, binoculars, spotting scopes, microscopes, CCD cameras and telescope Corp., a software company based in Irvine. Powerwave Technologies is the only five-time winner on the ranking.
The 24 Orange County Fast 50 companies are (in ranked order)
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Five-Year %
Rank Company Name City Growth Ticker Exchange
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4 Ribapharm Inc Costa Mesa 8732% RIBA pending
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6 Aspeon, Inc. Irvine 5436% ASPEE NASDAQ
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7 Broadcom Irvine 5029% BRCM NASDAQ
Corporation
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10 Tickets.com, Inc. Costa Mesa 4624% TIXX NASDAQ
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11 Foreshock Inc. Irvine 3850% Private N/A
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13 FieldCentrix, Irvine 2929% Private N/A
Inc.
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15 Dentalxchange.com Irvine 1856% Private N/A
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16 Starbase Santa Ana 1669% SBAS NASDAQ
Corporation
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18 Micro General Santa Ana 1548% MGEN NASDAQ
Corporation
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20 I/OMagic
Corporation Santa Ana 1482% IOMC OTC
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21 BIOLASE Technology, San Clemente 1296% BLTI NASDAQ
Inc.
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22 Autobytel.Com Irvine 1224% ABTL NASDAQ
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23 Syagen Technology, Tustin 1202% Private N/A
Inc.
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25 Quest Software, Irvine 1187% QSFT NASDAQ
Inc.
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31 Sonnet Technologies, Irvine 856% Private N/A
Inc.
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32 The Linksys Group, Irvine 850% Private N/A
Inc.
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35 Powerwave Santa Ana 642% PWAV NASDAQ
Technologies, Inc.
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36 DDi Corporation Anaheim 637% DDIC NASDAQ
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41 Premier Magnetics, Lake Forest 481% Private N/A
Inc.
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43 Epicor Software Irvine 442% EPIC NASDAQ
Corporation
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44 SRS Labs, Inc. Santa Ana 419% SRSL NASDAQ
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46 Sicor Inc. Irvine 404% SCRI NASDAQ
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48 Emergent Information Newport Beach 367% EITI NASDAQ
Technologies, Inc.
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50 Meade Instruments Irvine 326% MEAD NASDAQ
Corporation
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Four 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) Continuous Computing  This article about a company does not make it clear whether the subject meets the Wikipedia criteria for . Corp. (San Diego;
28,070% three-year growth rate); 2) MP3.Com Inc. (San Diego; 6,796%
three-year growth rate); 3) IPNet Solutions (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. ; 2,401%
three-year growth rate); and 4) WIDCOMM, Inc. (San Diego; 1,032
three-year growth rate).The `2001 Orange County/San Diego Technology Fast 50," is presented by Deloitte & Touche The Fast 50 program is presented by Deloitte & Touche, and sponsored by Bowne, Bridgegate LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , Brobeck Phleger & Harrison, Comerica, E-MEDIA, JP Morgan H&Q, and MARSH, Inc., in association with American Electronics Association The American Electronics Association (now known as AeA) is a nationwide non-profit trade association that represents all segments of the technology industry in the United States. , CMTC CMTC S-(carboxymethylthio)cysteine CMTC Combat Maneuver Training Center (US Army) CMTC California Manufacturing Technology Consulting CMTC Cutis Marmorata Telangiectatica Congenita and the 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, . Fast 50 Criteria Fast 50 companies must have 1996 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. of at least $50,000 and 2000 operating revenues of at least $1,000,000; must be a U.S. company developing and/or providing technology products or services; and must have been in business for at least five years. The finalists are eligible to compete in the "Technology Fast 500," also sponsored by Deloitte & Touche, and ranking the nation's top 500 fastest growing technology companies. About Deloitte & Touche Deloitte & Touche LLP LLP - Lower Layer Protocol , 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 four consecutive years. Deloitte & Touche is the US 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.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 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. |
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