ISTA Pharmaceuticals, Inc., Tops Deloitte's Orange County Technology Fast 50 Ranking of
Fastest Growing Companies With 11,773 Percent Revenue Growth Over Five Years PRNewswire Orange County, CA | October 2007
Companies Experience Average Revenue Growth of 732.6 Percent; Broadcom
Corporation, Ceradyne, Inc., and Netlist, Inc., Recognized for Fastest
Growth in Revenue Categories
ORANGE COUNTY, Calif., Oct. 16 /PRNewswire/ -- ISTA Pharmaceuticals,
Inc., tops the list of the fastest growing companies in Orange County as
recognized by Deloitte & Touche USA LLP at an award event held Tuesday,
Oct. 16, at Joe's Garage Automotive Museum in Tustin. The Orange County
Technology Fast 50, an annual award program, ranks technology, media,
telecommunications and life sciences companies located in Orange County by
percentage revenue growth over five years.
"Deloitte & Touche USA LLP is pleased to honor the companies named to
the 2007 Technology Fast 50 list as well as Orange County's Rising Star
company," said Rick Rayson, Managing Partner, Orange County Practice,
Deloitte & Touche LLP. "We congratulate these businesses on their success,
and applaud their contribution to the growth and vitality of Orange
County."
Companies are selected based on percentage revenue growth over five
years from 2002 to 2006. To be considered, Technology Fast 50 entrants must
have operating revenues of at least $50,000 in 2002 and at least $5,000,000
in 2006; be headquartered in Orange County; own proprietary technology or
proprietary intellectual property that contributes to a significant portion
of its operating revenues, or devote a significant proportion of revenues
to the research and development of technology. Using other companies'
technology or intellectual property in a unique way does not qualify.
Subsidiaries and divisions are not eligible, unless they have some public
ownership and are separately traded.
"The companies represented in the 2007 Technology Fast 50 and Rising
Star lists have shown exceptional strength, vision and tenacity, which
enables them to them excel in today's competitive environment," said Fred
Poska, Technology Partner and Orange County Technology Fast 50 Champion,
Deloitte & Touche LLP. "Sustaining high revenue growth over five years is
an exceptional accomplishment-we commend these businesses for their ability
to deliver on the promise of market longevity."
The Orange County Technology Fast 50 company rankings are as follows:
Ranking
Company Name
Five-Year Growth
City
1
ISTA Pharmaceuticals, Inc. (1)
11,773
Irvine
2
FireSocket
4,529.4
San Clemente
3
Acacia Research Corporation
4,499.2
Newport Beach
4
RealtyTrac, Inc.
1,629.6
Irvine
5
eyeonics, Inc.
1,506.4
Aliso Viejo
6
Nexiant
1,478.8
Irvine
7
Ceradyne, Inc. (1)
982.5
Costa Mesa
8
Netlist, Inc. (1)
982.2
Irvine
9
MegaPath, Inc.
908.7
Costa Mesa
10
Smith Micro Software, Inc.
663.8
Aliso Viejo
11
IntraLase Corp.
628.8
Irvine
12
HireRight, Inc.
572.3
Irvine
13
Masimo Corporation
477.7
Irvine
14
SenoRx, Inc.
382.6
Aliso Viejo
15
Multi-Fineline Electronix, Inc.
356.1
Anaheim
16
LogicalApps
326.3
Irvine
17
TTM Technologies, Inc.
315
Santa Ana
18
I-Flow Corporation
284
Lake Forest
19
Clarient, Inc.
263.1
Aliso Viejo
20
Accurate Background, Inc.
258.2
Lake Forest
21
Newport Corporation
253
Irvine
22
Broadcom Corporation (1)
238.7
Irvine
23
UCT-AnyDATA
235.8
Irvine
24
IDM Pharma Inc.
231.9
Irvine
25
Envision Financial Systems, Inc.
170.8
Irvine
26
Quality Systems, Inc.
168.5
Irvine
27
Epicor Software Corporation
167.7
Irvine
28
KOR Electronics
158.9
Cypress
29
BIOLASE Technology, Inc.
155.7
Irvine
30
Spectrum Pharmaceuticals, Inc.
139.3
Irvine
31
Irvine Sensors Corp.
132.3
Costa Mesa
32
ICU Medical, Inc.
129.6
San Clemente
33
Universal Electronics Inc.
127
Cypress
34
SRS Labs, Inc.
125.5
Santa Ana
35
Allergan, Inc.
111.2
Irvine
36
Western Digital Corporation
101.8
Lake Forest
37
QLogic Corporation
100
Aliso Viejo
38
STEC, Inc.
99.5
Santa Ana
39
Endologix, Inc.
98.3
Irvine
40
American Vanguard Corporation
92.5
Newport Beach
41
Ritz Interactive, Inc.
90.8
Irvine
42
Powerwave Technologies, Inc.
86.3
Santa Ana
43
Conexant Systems, Inc.
86.1
Newport Beach
44
Advanced Medical Optics, Inc.
85.4
Santa Ana
45
Liberty Information Management Solutions
83.8
Costa Mesa
46
SmartLabs, Inc.
75.8
Irvine
47
Microsemi Corporation
74.2
Irvine
48
Mindspeed Technologies, Inc.
69.8
Newport Beach
49
Pro-Dex, Inc.
62.1
Santa Ana
50
Emulex Corporation
58.1
Costa Mesa
(1) Technology Fast 50 Revenue Category Leader
A special category called Rising Star recognizes the fastest growing
technology, media, telecommunications and life sciences company based on
revenue growth over three years (2004-2006):
Ranking
Company Name
Five-Year Growth
City
Rising Star SiliconSystems, Inc.
612
Aliso Viejo
The Technology Fast 50 program is presented by Deloitte & Touche USA
LLP, in association with Bowne & Co., CresaPartners, DLD Insurance Brokers
Inc., Focus Creative Group, Stradling Yocca Carlson & Rauth, Union Bank of
California, OCTANe and Technology Council of Southern California.
Recognizing Publicly Held Revenue Leaders
At the Technology Fast 50 event, Deloitte leadership gave special
recognition to four publicly traded companies. Each of these honorees was
the fastest-growing company within one of four revenue categories that
encompassed all publicly held Technology Fast 50 companies [Note: Because
Fast 50 nominations are submitted in early 2007, earnings are calculated
through the end of CY 2006; in addition, only publicly traded companies are
eligible for the Revenue Leader recognition].
These companies are:
Revenue Category: Over $1 Billion
Broadcom Corporation [Nasdaq: BRCM], a global leader in semiconductors for
wired and wireless communications.
- Reported FY 2006 Revenue: $3.67 billion
- Five-Year Growth Percentage: 238.7
Revenue Category: $501 Million to $1 Billion
Ceradyne, Inc. [Nasdaq: CRDN], a worldwide leader in the development and
production of advanced technical ceramics.
-- Reported FY 2006 Revenue: $662.9 million
- Five-Year Growth Percentage: 982.5
Revenue Category: $101 Million to $500 Million
Netlist, Inc. [Nasdaq: NLST], which designs and manufactures high-
performance memory subsystems for the server and high-performance
computing and communications markets.
- Reported FY 2006 Revenue: $151.4 million
- Five-Year Growth Percentage: 982.2
Revenue Category: $5 Million to $100 Million
ISTA Pharmaceuticals, Inc. [Nasdaq: ISTA], an ophthalmic pharmaceutical
company.
- Reported FY 2006 Revenue: $33 million
- Five-Year Growth Percentage: 11,773
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