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Deloitte & Touche Announces Ranked List of Technology Fast 50 Winners, the Fastest-Growing Technology Companies in Chicagoland

Monday, 22-Sep-2003 6:41AM PDT
    
Story from Deloitte & Touche LLP via BizWire
Copyright 2003 by Business Wire (via ClariNet)

CHICAGO--(BUSINESS WIRE)--Sept. 22, 2003--

Chicagoland Technology Fast 50 Winners Experience Average Revenue


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Deloitte & Touche LLP, one of the nation's leading professional services firms, today announced a ranked list of its Chicagoland Technology Fast 50 winners. The Chicagoland Technology Fast 50 annually ranks the fastest-growing technology companies based on revenue growth that are headquartered in the metropolitan Chicago area.

Winners will be honored at an awards event held on Thursday, October 30, 2003 at the Ghost Bar in Chicago, where results of the Chicagoland Fast 50 CEO Survey will also be released. Results of the survey will report what CEOs of Chicagoland Fast 50 winner companies think about the future of the technology industry in Chicago, in addition to what strategies these CEOs are using to further develop their local technology businesses.

"Winners of the Chicagoland Fast 50 have shown sustained growth in a recessionary economy over the past three years, and in surviving, have proven that they are clearly running their businesses the right way," said Jerry Sullivan, partner in charge of the Technology, Media, & Telecommunications (TMT) Group at Deloitte & Touche in Chicago. "These are the companies that will lead the world in technology and innovation, both here in Chicago, and around the world, for many years to come."

Winners are selected based on the percentage of growth in revenues from 1998 to 2002. To be considered, Fast 50 entrants must have met the following criteria: Have operating revenues of at least $50,000 in 1998 and at least $1,000,000 in 2002. Be public or private companies, headquartered in the metropolitan Chicago area. Subsidiaries and divisions are not eligible, unless they have some public ownership and are separately traded. A "technology company" is defined as owning proprietary technology that contributes to a significant portion of the company's operating revenues (using other companies' technology in a unique way does not qualify); and/or devoting a significant proportion of revenues to research and development of technology.

A special category called "Rising Stars" recognizes the two fastest growing technology companies based on revenue growth over three years (2000-2002).

Following is the Chicagoland Technology Fast 50 winner list, ranked by percentage revenue growth:

1. MASCON Global Limited, 31,322 percent

2. Universal Access Global Holdings, 6,110 percent

3. CoolSavings, Inc., 2,206 percent

4. Telution, Inc., 1,566 percent

5. Geneca, 1,434 percent

6. Hubbard One, 1,370 percent

7. StarNet, Inc., 940 percent

8. Sportvision, Inc., 828 percent

9. MIICRO, Inc., 815 percent

10. Click Commerce, Inc., 652 percent

11. Stericycle, Inc., 502 percent

12. TouchSensor Technologies, LLC, 407 percent

13. Interface Software, Inc., 357 percent

14. Nanophase Technologies Corporation, 314 percent

15. Cabot Microelectronics, 300 percent

16. Trading Technologies International, Inc., 241 percent

17. Allscripts Healthcare So., 233 percent

18. Chicago Systems Group, Inc., 226 percent

19. infiNET Solutions, 224 percent

20. COMNET International, 216 percent

21. Red Sky Technologies, 216 percent

22. Centiv, Inc., 214 percent

23. Westell Technologies Inc., 177 percent

24. Spirian Technologies, 166 percent

25. Premier International, 157 percent

26. Stratos Lightwave, Inc., 146 percent

27. Incredible Technologies, 145 percent

28. VIVA USA INC., 140 percent

29. InfoPower Systems, Inc., 139 percent

30. Vision Point of Sale, Inc., 133 percent

31. Apropos Technology, Inc., 122 percent

32. Integrated Performance Systems, Inc., 75 percent

33. M-Wave, Inc., 71 percent

34. SPSS, Inc., 70 percent

35. Bio-Logic Systems Corp., 66 percent

36. HighTower, Inc., 48 percent

37. PCTEL, Inc., 48 percent

38. Richardson Electronics, 46 percent

39. Telular Corporation, 43 percent

40. Baxter International Inc., 42 percent

41. Abbott Laboratories, 42 percent

42. Zebra Technologies Corp., 40 percent

43. Woodward Governor Company, 39 percent

44. Landauer, Inc., 37 percent

45. Faxitron X-Ray Corporation, 34 percent

46. Cobra Electronics Corp., 31 percent

47. Wells-Gardner Electronics Corporation, 21 percent

48. InstallShield Software Corporation, 16 percent

49. VASCO Data Security International, Inc., 15 percent

50. CCC Information Services, 14 percent

Rising Stars:

1. Triteq Lock & Security, 786 percent

2. FiveSight Technologies, Inc., 426 percent

The Fast 50 program is hosted by Deloitte & Touche and is sponsored by The American Stock Exchange, the law firm of Gardner, Carton & Douglas and LaSalle Bank, and in association with the Illinois Coalition, the Technology Executives Club and Tech Image Limited.

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.

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.