Business Services Industry

NuVasive, Inc. Tops Deloitte's San Diego Technology Fast 50 Ranking of Fastest-Growing Technology Companies, with 73,752% Growth Over Five Years

Business Wire, Sept 22, 2005

SAN DIEGO -- NuVasive, Inc., a medical device company specializing on the design, development, and marketing of products for the surgical treatment of spine disorders, tops the list of the fastest growing technology companies in the San Diego area as recognized by Deloitte & Touche LLP. An awards event was held on September 22nd at the Estancia Hotel & Spa in San Diego. The "San Diego Technology Fast 50" annual award program ranks technology companies located in San Diego by revenue growth over the most recent five year period.

"The past five years have been a rollercoaster ride for technology companies," said Helen Adams, Partner in the Technology, Media & Telecommunications (TMT) Group at Deloitte based in San Diego. "The companies on the Deloitte San Diego Technology Fast 50 have shown they can prosper in challenging economies and marketplaces. Deloitte is pleased to recognize their achievements."

Winners are selected based on percentage revenue growth over five years from 2000 to 2004. To be considered, Technology Fast 50 entrants must: have operating revenues of at least $50,000 in 2000 and at least $1,000,000 in 2004; be headquartered in San Diego; be a "technology company," defined as a company that owns proprietary technology that contributes to a significant portion of its operating revenues; or devotes a significant proportion of revenues to the research and development of technology.

The San Diego Technology Fast 50 company ranking is as follows:

2005                                             5yr%
Rank             Company               City      growth    Ticker
---- --------------------------------- --------- ------- -------------
   1 NuVasive, Inc.                    San Diego 73,752% NUVA
---- --------------------------------- --------- ------- -------------
   2 BakBone Software, Inc.            San Diego 7,944%  BKB
---- --------------------------------- --------- ------- -------------
   3 SkinMedica                        Carlsbad  4,467%  N/A - Private
---- --------------------------------- --------- ------- -------------
   4 Illumina, Inc.                    San Diego 3,764%  ILMN
---- --------------------------------- --------- ------- -------------
   5 XIFIN, Inc.                       San Diego 3,414%  N/A - Private
---- --------------------------------- --------- ------- -------------
   6 Active Motif, Inc.                Carlsbad  2,789%  N/A - Private
---- --------------------------------- --------- ------- -------------
   7 PacketVideo Corporation           San Diego 2,369%  N/A - Private
---- --------------------------------- --------- ------- -------------
   8 The Active Network, Inc.          San Diego 1,633%  N/A - Private
---- --------------------------------- --------- ------- -------------
   9 Leap Wireless International, Inc. San Diego 1,542%  LEAP
---- --------------------------------- --------- ------- -------------
  10 Acceris Communications Inc.       San Diego 1,050%  ACRSE
---- --------------------------------- --------- ------- -------------
  11 Digirad Corporation               Poway     863%    DRAD
---- --------------------------------- --------- ------- -------------
  12 Broadband Communications, Inc.    San Diego 633%    N/A - Private
---- --------------------------------- --------- ------- -------------
  13 e.Digital Corporation             San Diego 598%    EDIG
---- --------------------------------- --------- ------- -------------
  14 Websense, Inc.                    San Diego 541%    WBSN
---- --------------------------------- --------- ------- -------------
  15 Neurocrine Biosciences, Inc.      San Diego 541%    NBIX
---- --------------------------------- --------- ------- -------------
  16 Epimmune Inc.                     San Diego 502%    EPMN
---- --------------------------------- --------- ------- -------------
  17 Althea Technologies, Inc.         San Diego 386%    N/A - Private
---- --------------------------------- --------- ------- -------------
  18 Cypress Bioscience, Inc.          San Diego 385%    CYPB
---- --------------------------------- --------- ------- -------------
  19 Biosite Incorporated              San Diego 345%    BSTE
---- --------------------------------- --------- ------- -------------
  20 Invitrogen Corporation            Carlsbad  316%    IVGN
---- --------------------------------- --------- ------- -------------
  21 American Technology Corporation   San Diego 301%    ATCO
---- --------------------------------- --------- ------- -------------
  22 ViaSat, Inc.                      Carlsbad  267%    VSAT
---- --------------------------------- --------- ------- -------------
  23 CardioDynamics International
     Corporation                       San Diego 213%    CDIC
---- --------------------------------- --------- ------- -------------
  24 Information Systems
     Laboratories, Inc.                San Diego 205%    N/A - Private
---- --------------------------------- --------- ------- -------------
  25 St. Bernard Software, Inc.        San Diego 199%    N/A - Private
---- --------------------------------- --------- ------- -------------
  26 Maxim Pharmaceuticals, Inc.       San Diego 197%    MAXM
---- --------------------------------- --------- ------- -------------
  27 ResMed Inc.                       Poway     194%    RMD
---- --------------------------------- --------- ------- -------------
  28 Captiva Software Corporation      San Diego 172%    CPTV
---- --------------------------------- --------- ------- -------------
  29 Continuous Computing Corporation  San Diego 150%    N/A - Private
---- --------------------------------- --------- ------- -------------
  30 The Titan Corporation             San Diego 143%    TTN
---- --------------------------------- --------- ------- -------------
  31 Diversa Corporation               San Diego 137%    DVSA
---- --------------------------------- --------- ------- -------------
  32 Gen-Probe Incorporated            San Diego 126%    GPRO
---- --------------------------------- --------- ------- -------------
  33 SEQUENOM, Inc.                    San Diego 124%    SQNM
---- --------------------------------- --------- ------- -------------
  34 SmartDraw.com                     San Diego 114%    N/A - Private
---- --------------------------------- --------- ------- -------------
  35 Dot Hill Systems Corp.            Carlsbad  98%     HILL
---- --------------------------------- --------- ------- -------------
  36 ComGlobal Systems, Inc.           San Diego 94%     N/A - Private
---- --------------------------------- --------- ------- -------------
  37 Overland Storage, Inc.            San Diego 93%     OVRL
---- --------------------------------- --------- ------- -------------
  38 Vical Incorporated                San Diego 91%     VICL
---- --------------------------------- --------- ------- -------------
  39 Metabasis Therapeutics, Inc.      San Diego 87%     MBRX
---- --------------------------------- --------- ------- -------------
  40 dj Orthopedics, Inc.              Vista     78%     DJO
---- --------------------------------- --------- ------- -------------
  41 Arena Pharmaceuticals, Inc.       San Diego 78%     ARNA
---- --------------------------------- --------- ------- -------------
  42 Science Applications
     International Corporation         San Diego 78%     N/A - Private
---- --------------------------------- --------- ------- -------------
  43 SeraCare Life Sciences, Inc.      Oceanside 75%     SRLS
---- --------------------------------- --------- ------- -------------
  44 Spescom Software Inc.             San Diego 71%     SPCO
---- --------------------------------- --------- ------- -------------
  45 Novatel Wireless, Inc.            San Diego 69%     NVTL
---- --------------------------------- --------- ------- -------------
  46 Natural Alternatives              San
     International, Inc.               Marcos    64%     NAII
---- --------------------------------- --------- ------- -------------
  47 NTN Communications, Inc.          Carlsbad  62%     NTN
---- --------------------------------- --------- ------- -------------
  48 Wireless Facilities, Inc.         San Diego 61%     WFII
---- --------------------------------- --------- ------- -------------
  49 QUALCOMM, Inc.                    San Diego 53%     QCOM
---- --------------------------------- --------- ------- -------------
  50 Predicate Logic, Inc.             San Diego 50%     N/A - Private
---- --------------------------------- --------- ------- -------------
 

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