j2 Global Communications Takes Top Spot for Second Year in Deloitte & Touche's Los Angeles Fast 50 Ranking of Fastest Growing Technology Companies.Business Editors LOS ANGELES--(BUSINESS WIRE)--Sept. 11, 2002 Posts an Impressive 4,754% Revenue Growth over Five-Year Period For the second consecutive year, 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. , Inc., a Hollywood-based provider of messaging and communications services, has been ranked the fastest growing technology company of the 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. region, in Deloitte & Touche's "2002 Los Angeles Technology Fast 50" program. 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. j2 Global posted an impressive 4,754% revenue growth rate over the past five years to top the list. Along with j2 Global, 64% of this year's Fast 50 companies were repeat winners to the list. In addition, two companies have been named to the Fast 50 for the past eight consecutive years: Chatsworth-based MRV Communications  OverviewMRV NASDAQ: MRVC is a company that designs, manufactures, sells, distributes, integrates and supports communication equipment and services, and optical components. , a communications/networking firm with a five-year revenue growth rate of 101.2%, and Watson Pharmaceuticals Watson Pharmaceuticals, Incorporated (NYSE: WPI) is the 5th largest pharmaceutical company in the United States based on number of prescriptions dispensed. Based in Corona, California, Watson's Generics division markets over 150 pharmaceutical product families, including one of the , a Corona-based life sciences company with a five-year revenue growth rate of 243%. "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 Gary Dickey, partner, Los Angeles Technology, Media & Telecommunications group, Deloitte & Touche. "These companies, like our two-time top winner j2 Global, 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 Los Angeles Technology Fast 50 companies (in ranked order) are as follows:
Rank Company Name City 5 Yr. Ticker Exchange
%
Growth
1 j2 Global Communications, Inc.(a) Hollywood 4754% JCOM NASDAQ
2 NetSol Technologies, Inc. Calabasas 3452% NTWK NASD
3 MedSeek Solvang 3027% Private N/A
4 American Pharmaceutical Partners, Los Angeles 2435% APPX NASDAQ
Inc.
5 Digital Insight Corporation(a) Calabasas 2283% DGIN NASDAQ
6 Capstone Turbine Corporation(a) Chatsworth 2115% CPST NASD
7 Medi.com Thousand 1368% Private N/A
Oaks
8 Optical Communication Products, Chatsworth 1322% OCPI NASDAQ
Inc.(a)
9 DCH Technology, Inc. Valencia 1173% DCH AMEX
10 Sonic Desktop Software, Inc.(a) Northridge 1135% Private N/A
11 Indigo Systems Corporation Santa 844% Private N/A
Barbara
12 Line 6, Inc.(a) Agoura Hills 690% Private N/A
13 Activision, Incorporated(a) Santa Monica 617% ATVI NASDAQ
14 Myricom, Inc.(a) Arcadia 609% Private N/A
15 SeeBeyond Technology Monrovia 596% SBYN NASDAQ
Corporation(a)
16 Adexa, Inc.(a) Los Angeles 566% Private N/A
17 North American Scientific, Chatsworth 472% NASI NASDAQ
Inc.(a)
18 Elekon Industries(a) Torrance 387% Private N/A
19 InfoStreet, Inc. Tarzana 328% Private N/A
20 THQ Inc.(a) Calabasas 324% THQI NASD
Hills
21 Luminex Software, Inc. Riverside 323% Private N/A
22 Power-One, Inc.(a) Camarillo 297% PWER NASDAQ
23 Semtech Corporation(a) Camarillo 293% SMTC NASDAQ
24 Computer Motion, Inc.(a) Goleta 286% RBOT NASDAQ
25 Vitesse Semiconductor Camarillo 266% VTSS NASDAQ
Corporation(a)
26 Motek, Inc.(a) Beverly 258% Private N/A
Hills
27 Belkin Components(a) Compton 253% Private N/A
28 Watson Pharmaceuticals, Inc.(a) Corona 243% WPI NYSE
29 LaserFiche Document Imaging Long Beach 238% Private N/A
30 Qualstar Corporation(a) Simi Valley 236% QBAK NASDAQ
31 Accruent Santa Monica 231% Private N/A
(Formerly Westmark Harris)(a)
32 Topaz Systems, Inc. Simi Valley 177% Private N/A
33 Apriso Corporation Long Beach 173% Private N/A
34 TEKELEC(a) Calabasas 150% TKLC NASD
35 Mitratech, Incorporated Los Angeles 148% N/A N/A
36 Powerhouse Studios (formerly Cerritos 137% AGTE OTC
Agate Technologies, Inc.)
37 InfoGenesis(a) Santa 130% N/A N/A
Barbara
38 Elite Information Group, Inc. Los Angeles 103% ELTE NASD
39 International Rectifier El Segundo 101.3% IRF NYSE
40 MRV Communications, Inc.(a) Chatsworth 101.2% MRVC NASD
41 eLabor, Inc.(a) Camarillo 97% Private N/A
42 BioSource International, Inc.(a) Camarillo 71% BIOI NASD
43 QAD Inc.(a) Carpinteria 69% QADI NASDAQ
44 IMPCO Technologies, Inc.(a) Cerritos 68% IMCO NASDAQ
45 Amgen Inc.(a) Thousand Oaks 67% AMGN NASD
46 Tanner Research, Inc.(a) Pasadena 66% Private N/A
47 Soligen Technologies, Inc.(a) Northridge 60% SGTN OTC
48 Simulations Plus, Inc. Lancaster 57% SIMU OTC
49 Diagnostic Products Corporation Los Angeles 52% DP NYSE
50 Superconductor Technologies Inc. Santa Barbara 49% SCON NASDAQ
(a) Denotes repeat 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) Commission Junction Commission Junction is an online advertising company owned by ValueClick. They are specifically in the affiliate marketing industry. Commission Junction is the largest affiliate network in north America, powering almost 50% of the top 500 web retailers affiliate marketing Inc. (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. ; 8,757% revenue growth rate); 2) EntComm, Inc. (Gardena; 3,225% revenue growth rate); 3) Nomadix, Inc. (Westlake Village; 2,037% revenue growth rate); Alorica (Chino Chino (chē`nō), city (1990 pop. 59,682), San Bernardino co., S Calif.; founded 1887, inc. 1910. It is the business and processing center of a diversified farming (notably dairying) area. ; 1,240%); and Ixia Ix´i`a n. 1. (Bot.) A South African bulbous plant of the Iris family, remarkable for the brilliancy of its flowers. Noun 1. (Calabasas; 215%). All of the Los Angeles 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. . Fast 500 winners will be announced in November. The Los Angeles Technology Fast 50 program is presented by Deloitte & Touche, and sponsored by E-MEDIA, Brobeck, KCET KCET Konami Computer Entertainment Tokyo (Japan) KCET Kamaraj College of Engineering and Technology , and MARSH, 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 , 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 Winning companies have self-nominated or have been nominated 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. Using other companies' technology in a unique way does not qualify. Devotes a high percentage of effort to research and development of technology. 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." 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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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