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Deloitte & Touche Announces Ranking of Fastest Growing Technology Companies (Cybergenesis)

Michael Zey
futurist3000@aol.com


Deloitte & Touche Announces Ranking of Fastest Growing Technology Companies; Top Finalist Experiences Revenue Gains of up to 22,045%


SEATTLE--(BUSINESS WIRE)--Sept. 19, 2003--Last night, Deloitte & Touche announced its rankings of the 2003 Washington State Technology Fast 50 winners. The Fast 50 is a ranking of the 50 fastest growing technology companies in Washington State. The Fast 50 and Rising Star winners were honored at an awards celebration at the new Marion Oliver McCaw Hall at the Seattle Center.

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


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