Published:
Genoptix Inc. Tops Deloitte's San Diego Technology Fast 50 Ranking of Fastest Growing Companies, With 28,288.52 Percent Revenue Growth Over Five Years
SAN DIEGO, Oct. 10 /PRNewswire/ -- Genoptix Inc. tops the list of the
fastest growing companies inSan Diego as recognized by Deloitte LLP at an
award event held October 10 at the Grand Del Mar Resort. The "San Diego
Technology Fast 50," an annual award program, ranks technology, media,
telecommunications and life sciences companies located inSan Diego by
percentage revenue growth over five years.
"Sustaining high revenue growth over five years is an exceptional
accomplishment, particularly in today's very competitive technology
environment," said Theresa Drew, managing partner,San Diego practice,
Deloitte & Touche LLP. "We are thrilled to recognize the companies ranked on
the San Diego Deloitte Technology Fast 50 list and wish them continued
success."
Companies are selected based on percentage revenue growth over five years
from 2003 to 2007. To be considered, Technology Fast 50 entrants must: have
operating revenues of at least $50,000 in 2003 and at least $5,000,000 in
2007; be headquartered inSan Diego; 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 Technology Fast 50 company ranking is as follows:
Ranking Company Name 5-Year City
Growth %
1 Genoptix Inc. 28288.52 Carlsbad
2 Rapid Product Development Group Inc. 7763.39 Escondido
3 ESET LLC 3134.12 San Diego
4 ID Analytics Inc. 2860.04 San Diego
5 Ethertronics Inc. 2386.12 San Diego
6 Illumina Inc. 1208.36 San Diego
7 Novatel Wireless Inc. 1171.34 San Diego
8 SpaceDev Inc. 1073.82 Poway
9 DivX Inc. 995.56 San Diego
10 Anadys Pharmaceuticals Inc. 955.03 San Diego
11 Amylin Pharmaceuticals Inc. 811.83 San Diego
12 American Technology Corporation 652.93 San Diego
13 Alphatec Holdings Inc. 634.84 Carlsbad
14 Axesstel Inc. 614.09 San Diego
15 The Active Network Inc. 576.53 San Diego
16 NuVasive Inc. 569.98 San Diego
17 Nanogen Inc. 468.79 San Diego
18 Kintera Inc. 464.16 San Diego
19 Vector Planning & Services Inc. 410.01 San Diego
20 SkinMedica Inc. 360.81 Carlsbad
21 Kratos Defense & Security Solutions Inc. 346.08 San Diego
22 InfoSonics Corporation 301.88 San Diego
23 Prometheus Laboratories Inc. 217.07 San Diego
24 Directed Electronics Inc. 204.44 Vista
25 Althea Technologies Inc. 204.26 San Diego
26 One Stop Systems Inc. 194.01 Escondido
27 XIFIN Inc. 181.06 San Diego
28 ViaSat Inc. 179.19 Carlsbad
29 ResMed Inc. 161.85 Poway
30 Websense Inc. 158.97 San Diego
31 SmartDraw.com 144.36 San Diego
32 Continuous Computing 139.93 San Diego
33 MicroProbe Inc. 138.81 Carlsbad
34 QUALCOMM Inc. 130.60 San Diego
35 Koam Engineering Systems Inc.
(dba KES Inc.) 125.69 San Diego
36 Leap Wireless International
Inc. 116.59 San Diego
37 Cymer Inc. 96.22 San Diego
38 Gen-Probe Inc. 94.51 San Diego
39 SGX Pharmaceuticals Inc. 92.16 San Diego
40 Senomyx Inc. 91.05 San Diego
41 Solectek Corporation 86.05 San Diego
42 Information Systems Laboratories 85.93 San Diego
43 Cohu Inc. 81.49 Poway
44 Invitrogen Corporation 64.80 Carlsbad
45 Maxwell Technologies Inc. 63.11 San Diego
46 Arena Pharmaceuticals Inc. 50.63 San Diego
47 RF Industries Ltd. 50.41 San Diego
48 Cubic Corporation 40.34 San Diego
49 Isis Pharmaceuticals Inc. 39.27 Carlsbad
50 Sequenom Inc. 35.53 San Diego
A special category called "Rising Stars" recognizes fast-growth companies
that have been in business a minimum of three years, but less than five years.
Having achieved 1326.33 percent revenue growth over three years, NextWave
Wireless has earned the distinction of Rising Star in Deloitte's Technology
Fast 50 program forSan Diego.
The Technology Fast 50 program is presented by Deloitte LLP, in
association with Barney & Barney, Cushman & Wakefield, Thompson Search Group,
Bowne, Union Bank ofCalifornia, Latham & Watkins, Oracle, San Diego Business
Journal, Focus Creative Group, AeA, KPBS and BIOCOM.
About Deloitte
As used in this document, "Deloitte" means Deloitte LLP. Please see
www.deloitte.com/us/about for a detailed description of the legal structure of
Deloitte LLP and its subsidiaries.
Tanya Valenzuela
Public Relations
Deloitte
+1 213 996 5827
tavalenzuela@deloitte.com
SOURCE Deloitte
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Copyright © 2008, NewsBlaze,
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