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Deloitte & Touche Reveals Fastest Growing Technology Companies in Texas; SyChip Tops Deloitte's Texas Technology Fast 50 Ranking of Fastest-Growing Technology Companies, with 20,030 Percent Growth over Five Years
Business Wire, Sept 6, 2005
DALLAS -- SyChip, Inc. of Plano tops the list of the fastest growing technology companies in Texas as recognized by Deloitte & Touche USA LLP. The Texas Technology Fast 50 is the only annual award program that ranks technology companies located in Texas by revenue growth over five years.
"Deloitte's Texas Technology Fast 50 companies have shown the strength, vision and temerity to succeed in today's very competitive technology environment," said Skip Moore, regional managing partner, Technology, Media & Telecommunications, Deloitte & Touche LLP. "We applaud the successes of these companies and their ability to achieve these impressive growth rates over the past five years."
Topping the list is SyChip, Inc. with a revenue growth rate of 20,030 percent over five years. The Plano-based company develops and markets radio frequency chip scale modules for the mobile market.
Second on the Texas Technology Fast 50 is NewMarket Technology, Inc. of Dallas with a revenue growth rate of 18,082 percent over five years. NewMarket Technology is focused on launching emerging technologies for today's business environment.
Third on the list is PreCash of Houston with a revenue growth rate of 14,887 percent over five years. PreCash offers an electronic payment card that allows consumers to easily pay cash for prepaid and postpaid subscription-based service accounts.
NetQoS Inc. of Austin ranked fourth with a revenue growth rate of 8,919 percent over five years. NetQoS delivers products and services that optimize the performance of enterprise networks.
Rounding out the top five is SiteStuff, Inc. of Austin with a revenue growth rate of 6,155 percent over five years. SiteStuff, Inc. is a leading procurement company in the commercial real estate industry.
The Texas Technology Fast 50 company ranking is as follows:
5-Year 2005 Growth Rank Company Name City % ----- --------------------------------------- ---------------- ------- 1 SyChip, Inc. Plano 20,030 2 NewMarket Technology Inc. Dallas 18,082 3 PreCash, Inc. Houston 14,887 4 NetQoS Inc. Austin 8,919 5 SiteStuff, Inc. Austin 6,155 6 HRsmart Inc. Richardson 4,687 7 Vertical Computer Systems, Inc. Fort Worth 4,580 8 Zix Corporation Dallas 3,486 9 DataCert, Inc. Houston 1,900 10 Paymetric, Inc. Houston 1,711 11 Infoglide Software Corporation Austin 1,224 12 The Planet Internet Services, Inc. Dallas 1,088 13 Citadel Security Software Inc. Dallas 1,080 14 GHN Online, Inc. Dallas 689 15 Goodman Networks Inc. Farmers Branch 672 16 Accuro Healthcare Solutions, Inc. Dallas 665 17 RamQuest Solutions Inc. Dallas 647 18 SecureLogix Corporation San Antonio 629 19 Mapframe Corporation Dallas 627 20 Handango Hurst 625 21 Rackspace Managed Hosting San Antonio 604 22 Valence Technology, Inc. Austin 522 23 Data Management, Inc. San Angelo 446 24 I-Sector Corporation Houston 445 25 Encore Medical Corporation Austin 445 26 Advanced Neuromodulation Systems, Inc. Plano 423 27 Merrick Systems, Inc. Houston 400 28 Grande Communications Holdings, Inc. San Marcos 369 29 TECSys Development Inc. Plano 361 30 Silicon Laboratories Inc. Austin 342 31 Digital Generation Systems, Inc. Irving 333 32 Resulte Universal Dallas 332 33 Lexicon Genetics Inc. The Woodlands 327 34 Luminex Corporation Austin 319 35 SigmaTel, Inc. Austin 311 36 Multimedia Games, Inc. Austin 297 37 Accudata Technologies Allen 285 38 ChaseCom LP Houston 283 39 GTESS Corporation Richardson 275 40 Plexon Inc. Dallas 265 41 Efore, Inc Irving 257 42 Infovision Consultants, Inc. Richardson 257 43 Motive, Inc. Austin 247 44 True Automation Inc. Plano 231 45 Optimal Solutions Integration Irving 224 46 Prescient Applied Intelligence, Inc. Dallas 219 47 Perficient, Inc. Austin 195 48 FundsXpress Financial Network, Inc. Austin 174 49 CI Host Bedford 155 50 ArthroCare Corp. Austin 134
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