Michael Zey
futurist3000@aol.com
During the award ceremony, Larry Hile, Deloitte & Touche Technology, Media, and Telecommunications Partner told the winners, "Tonight, we celebrate your success. Your tenacity, perseverance and innovation have contributed to growing your revenue in a very challenging environment. Your success is why you're here tonight. Your sustained revenue growth gives us a refreshing optimism about the future of our region. Our Washington State Fast 50 program honors technology companies with the largest percentage revenue growth over a five-year period. We found, when we examined the list, that many of you have reinvented yourself, found a new niche or shifted your focus in a direction that worked. You overcame many obstacles, some including substantial budget cuts and layoffs, but you ultimately delivered the products that your customers valued. That's what made you grow."
The Fast 50 and Rising Star winners were selected based on operating revenue growth for technology companies throughout Washington State meeting the Fast 50 criteria. Listed below is the name of the company, its ranking, and the percentage of revenue growth over the five or three year period.
The Technology Fast 50 company ranking for 2003 is as follows:
1 aQuantive Incorporated 22045%
2 Amaze Entertainment Incorporated 11475%
3 Cray Incorporated 7700%
4 SonoSite Incorporated 7406%
5 Epoch Biosciences Incorporated 6916%
6 Expedia Incorporated 4171%
7 GiftCertificates.com 2612%
8 F5 Networks Incorporated 2114%
9 Knowledge Anywhere 1855%
10 Dendreon Corporation 1663%
11 Pacific Edge Software 1553%
12 Casabyte Incorporated 1483%
13 Eden Bioscience Corporation 1476%
14 PlayNetwork Incorporated 1467%
15 Infospace Incorporated 1315%
16 NetReflector, Inc. 1087%
17 Envision Telephony, Inc. 911%
18 Verus Incorporated 898%
19 The Cobalt Group 830%
20 Ascentis Software Corporation 573%
21 Watchguard Technologies Incorporated 564%
22 Outcome Concept Systems, Inc. 433%
23 ProCyte Corporation 368%
24 N2H2 Incorporated 262%
25 Aventail Corporation 239%
26 AT&T Wireless Services Incorporated 235%
27 Coinstar Incorporated 227%
28 General Software 203%
29 Advanced Digital Information Corporation 195%
30 CapitalStream 184%
31 RealNetworks Incorporated 182%
32 Physician Micro Systems Incorporated 177%
33 Corixa Corporation 167%
34 Coastal Environmental Systems, Inc. 165%
35 Concur Technologies Incorporated 163%
36 Western Wireless Corporation 158%
37 Targeted Genetics Corporation 157%
38 Primus Knowledge Solutions Incorporated 143%
39 Aptimus, Inc. 133%
40 Microvision Incorporated 125%
41 RAF Technology 94%
42 Onyx Software Corporation 93%
43 Dexter + Chaney 93%
44 Microsoft Corporation 86%
45 Insightful Corporation 85%
46 Spencer Technologies 81%
47 Mackie Designs Incorporated 81%
48 Ostex International Incorporated 78%
49 Aculight Corporation 77%
50 Pacific Biometrics Incorporated 75%
1 HouseValues Incorporated 1258%
2 Purcell Systems Incorporated 1082%
must have had operating revenues of at least $50,000 in 1998 and $1,000,000 in 2002, must be public or private companies headquartered in Washington State, and be a "technology company" defined as owning proprietary technology that contributes to a significant portion of the company's operating revenues and/or devoting a significant proportion of revenues to research and development of technology.
Winners of the 20 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte & Touche Technology Fast 500 program, which ranks North America's top 500 fastest growing technology companies. For more information on the Deloitte & Touche Fast 50 or Fast 500 programs, visit www.fast500.com.
About Deloitte & Touche
Deloitte & Touche, one of the nation's leading professional services firms, provides assurance and advisory, tax, and management consulting services through nearly 30,000 people in more than 80 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for innovative human resources programs, Deloitte & Touche has been recognized as one of the "100 Best Companies to Work For in America" by Fortune magazine for six consecutive years. Deloitte & Touche refers to Deloitte & Touche LLP and related entities. Deloitte & Touche is the US national practice of Deloitte Touche Tohmatsu. Deloitte Touche Tohmatsu is a Swiss Verein, 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.
About Deloitte & Touche Technology, Media & Telecommunications (TMT) Group
The TMT Group is composed of service professionals who have a wealth of experience serving technology, media and telecommunications companies throughout the world in areas including cable, communications providers, computers and peripherals, entertainment, media and publishing, networking, semiconductors, software, wireless, and related industries. These specialists understand the challenges that these 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 and operational assistance to its technology, media and telecommunications clients.
CONTACT:
Deloitte & Touche, LLP
Maria McDaniel, 206-716-7415 mmcdaniel@deloitte.com or
Ron Rice, 206-716-7507 rrice@deloitte.com
SOURCE: Deloitte & Touche, LLP
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09/19/2003 10:30 EASTERN