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Deloitte & Touche Announces Ranking of Fastest-growing Technology Companies; Top Company Achieves 4778% Revenue Growth Over Five Years

Business Wire, Oct 13, 1998

DENVER--(BUSINESS WIRE)--Oct. 13, 1998--The fastest-growing technology companies in the state of Colorado were recognized by Deloitte & Touche LLP at an awards banquet held October 1 at the Adams Mark Hotel, called the "1998 Colorado Technology Fast 50." The annual awards program ranks by revenue growth technology companies headquartered in the state of Colorado.

Carrier Access Corporation, a Boulder-based company led the group with a five-year revenue growth of 4,774 percent.

"We commend these companies for their commitment to technology, and for delivering on the promise of market longevity," said Steve Berthe, a partner in Deloitte & Touche's Denver Technology Group. "Being named a Fast 50 winner is a testament to a company's leadership and its ability to not only have the right solution at the right moment, but also to have the vision that allows growth over five years," Berthe continued.

To be considered for the Fast 50 status, companies must produce a technology, manufacture a technology-related product, be technology intensive or use unique technology in problem-solving, or devote a high percentage of effort to research and development of technology. Additionally, in order to be eligible, companies must have been in business for a minimum of five years with 1993 revenues of at least $50,000.

The 1998 Colorado Technology Fast 50 program is presented by Deloitte & Touche and sponsored by J.D. Edwards & Company and A.G. Edwards & Sons, Inc., the Denver Business Journal, the Colorado Advanced Technology Institute, the CU Business Advancement Center, and the Metro Denver Network. The 1998 Colorado Technology Fast 50 company ranking is as follows: -0-

Rank      Company                  City         Symbol  Revenue Growth
----      -------                  ----         ------  --------------
 1   Carrier Access Corporation    Boulder       CACS       4778%
 2   WITI Corporation              Boulder                  1714%
 3   FSE Technologies, LLC         Loveland                 1495%
 4   Gold Systems, Inc.            Boulder                  1388%
 5   Omnitech Robotics Inc.        Englewood                1271%
 6   XOR Network Engineering,      Boulder                  1206%
     Inc.
 7   Rogue Wave Software, Inc.     Boulder       RWAV        839%
 8   Integware, Inc.               Fort Collins              623%
 9   Spectralink Corporation       Boulder       SLNK        560%
 10  T-NETIX, Inc.                 Englewood     TNTX        552%
 11  ACT Teleconferencing          Golden        ACTT        547%
 12  DraCo Systems, Inc.           Boulder                   501%
 13  SCC Communications Corp.      Boulder       SCCX        464%
 14  Titanium Metals Corp          Denver        TIMT        385%
 15  Qualmark Corporation          Denver        QMRK        375%
 16  Omegatech, Inc.               Boulder                   374%
 17  The DII Group                 Niwot         DIIG        372%
 18  Advanced Energy Industries,   Ft. Collins   AEIS        349%
     Inc.
 19  Analytical Surveys, Inc.      Colorado
                                     Springs     ANLT        348%
 20  CommNet Cellular Inc.         Englewood     CELS        348%
 21  Hi-Tech Manufacturing, Inc.   Thornton                  288%
 22  EFTC Corporation              Denver        EFTC        280%
 23  Atrix Laboratories, Inc.      Fort Collins  ATRX        273%
 24  International Language        Boulder                   271%
     Engineering
 25  SSDS, Inc.                    Englewood                 261%
 26  Internet Communications       Greenwood
     Corp.                           Village     INCC        258%
 27  MSI Technologies, LLC         Englewood                 244%
 28  JCIT, Inc.                    Englewood                 232%
 29  J.D. Edwards & Company        Denver        JDEC        229%
 30  Tava Technology, Inc.         Denver        TAVA        213%
 31  NaPro BioTherapeutics, Inc.   Boulder       NPRO        205%
 32  OPHIR Corporation             Littleton                 203%
 33  NxTrend Technology, Inc.      Colorado
                                     Springs                 200%
 34  Research Systems, Inc.        Boulder                   199%
 35  Ramtron International Corp.   Colorado
                                     Springs     RMTR        194%
 36  Decisioneering, Inc.          Denver                    186%
 37  Pro-Dex, Inc.                 Boulder       PDEX        176%
 38  Media Marketing, Inc.         Boulder                   176%
 39  Spectranetics Corporation     Colorado
                                     Springs     SPNC        171%
 40  NeXstar Pharmaceuticals       Boulder       NXTR        170%
 41  Vari-L Company, Inc.          Denver        VARL        151%
 42  Evolving Systems, Inc.        Englewood     EVOL        140%
 43  Optika Imaging Systems,       Colorado
     Inc.                            Springs     OPTK        140%
 44  CSG Systems International,    Englewood     CSGS        127%
     Inc.
 45  Avalon Imaging, Inc.          Boulder                   112%
 46  Ferrell Companies, Inc.       Englewood                 108%
 47  BI, Incorporated              Boulder       BIAC         96%
 48  Simtek Corporation            Colorado
                                     Springs     SRAM         93%
 49  Mesa Laboratories, Inc.       Lakewood      MLAB         79%
 50  American Fundware             Denver                     68%

 

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