| [October 01, 2004] |
 |
Deloitte & Touche Reveals Fastest Growing Technology Companies in Colorado; Winners Experienced Average Revenue Growth of 708 Percent
DENVER --(Business Wire)-- Oct. 1, 2004 -- The fastest growing technology companies in Colorado were announced today by Deloitte & Touche USA LLP. The Colorado Technology Fast 50 is the only awards program that ranks technology companies located throughout Colorado by revenue growth over five years. The Fast 50 program is presented by Deloitte & Touche, in association with Holme Roberts and Owen LLP and The Denver Business Journal.
"While the current economy is taking its toll on technology companies across all industries, there are companies in Colorado that have shown strong signs of stability and growth," said Steve Yaroch, Technology, Media & Telecommunications Group Leader for Deloitte in Denver. "We salute these companies for their resiliency in the face of tough times, as well as their ability to adapt to the changing marketplace."
Topping the list is Alpine Access, Inc. of Golden with a revenue growth rate of 5,505 percent over five years. Founded in 1998, Alpine Access provides outsourced call center and business process solutions through exclusive use of home-based agents working over the Internet.
Second on the Colorado Technology Fast 50 is ServiceMagic, Inc. of Golden, with a growth rate of 5,500 percent over five years. ServiceMagic is the nation's leading online marketplace connecting homeowners with prescreened and customer-rated residential contractors, real estate professionals and lenders.
Third on the list is Applied Films Corp. of Longmont with a growth rate of 3,241 percent over five years. Applied Films is a leading provider of technologically advanced thin film deposition equipment and service.
Raindance Communications, Inc. of Louisville ranked fourth with a growth rate of 3,044 percent over five years. Raindance Communications provides integrated web and audio conferencing.
Rounding out the top five is Inflow Inc. of Thornton with a growth rate of 2,302 percent over five years. Inflow provides outsourced technology services.
The Colorado Technology Fast 50 winners are as follows: -0- *T 2004 Rank Company Name City 5yr% --------- ----------------------------------- ----------------- ------ 1 Alpine Access, Inc. Golden 5505% 2 ServiceMagic, Inc. Golden 5500% 3 Applied Films Corp Longmont 3241% 4 Raindance Communications, Inc. Louisville 3044% 5 Inflow Thornton 2302% 6 Array BioPharma Inc. Boulder 2236% 7 HealtheTech, Inc. Golden 1643% 8 The Murrayhill Company Denver 1321% 9 Conduant Corporation Longmont 953% 10 Space Imaging Thornton 805% 11 Atrix Laboratories, Inc. Fort Collins 779% 12 Intelligent Software Solutions Colorado Springs 763% 13 eCollege Denver 693% 14 Level 3 Communications Broomfield 682% 15 3t Systems Denver 676% 16 ARC Wireless Solutions Wheat Ridge 570% 17 IITC Denver 403% 18 SAN Holdings, Inc. Englewood 351% 19 McDATA Corporation Broomfield 340% 20 Encision, Inc. Boulder 334% 21 Intrado Inc. Longmont 283% 22 EchoStar Communications Corporation Littleton 258% 23 Rentech, Inc. Denver 194% 24 UnitedGlobalCom Denver 162% 25 Advanced Circuits Aurora 152% 26 Clear Technology, Inc. Westminster 150% 27 Time Warner Telecom Inc. Littleton 149% 28 ActiveEducation Golden 141% 29 Clear Blue Engineering, Inc. Westminster 122% 30 InfoNow Corporation Denver 115% 31 Sirenza Microdevices, Inc. Broomfield 113% 32 SIMTEK Corporation Colorado Springs 107% 33 Gold Systems, Inc. Boulder 107% 34 Front Range Internet, Inc. Fort Collins 101% 35 FreeWave Technologies, Inc. Boulder 98% 36 ACT Teleconferencing Golden 97% 37 TeleTech Holdings, Inc. Englewood 95% 38 Corgenix Medical Corporation Westminster 90% 39 CCX Corporation Lafayette 87% 40 SpectraLink Corporation Boulder 73% 41 The NAVSYS Corporation Colorado Springs 72% 42 Ramtron International Colorado Springs 70% 43 Datria Systems Englewood 70% 44 Clancy Systems International, Inc. Denver 65% 45 Decisioneering, Inc. Denver 58% 46 BoldTech Systems Denver 51% 47 Cheetah Advanced Technologies Fort Collins 44% 48 Advanced Energy Industries, Inc. Fort Collins 43% 49 Aspen Systems, Inc. Wheat Ridge 42% 50 CSG Systems International, Inc. Englewood 36% *T
Winners are selected based on the percentage of growth in fiscal year revenues from 1999 to 2003. To be considered, Fast 50 entrants must have met the following criteria: have revenues of at least $50,000 in 1999 and at least $1,000,000 in 2003; be public or private companies headquartered in Colorado (subsidiaries and divisions are not eligible unless they have some public ownership and are separately traded); be a "technology company" 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.
"Rising Stars"
A special category called "Rising Stars" recognizes the fastest growing technology companies that are less than five years old. It is based on revenue growth over three years (2001-2003). Three were selected this year. -0- *T Company Name City 3yr% ----------------------------- -------------------------------- ------- Epic Broadband Solutions Castle Rock 4738% Virtela Communications Inc. Greenwood Village 1709% TrenStar, Inc. Greenwood Village 1664% ----------------------------- -------------------------------- ------- *T
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu," or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.
Deloitte & Touche USA LLP is the U.S. member firm of Deloitte Touche Tohmatsu. In the U.S., services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Tax LLP, and their subsidiaries), and not by Deloitte & Touche USA LLP.
About Holme Roberts and Owen LP
Holme Roberts & Owen LLP (HRO) is an international law firm of over 225 lawyers with offices in Denver, Boulder, Colorado Springs, London, Munich, Salt Lake City and San Francisco.
For more than 100 years, HRO has been known as a firm with integrity that provides outstanding service to its clients in each of its communities. HRO lawyers forge lasting relationships with clients by learning about their industries. Over the years, the firm's lawyers have worked with entrepreneurial pioneers, from railroads and mining to oil and gas, and more recently with technology, biotechnology and telecommunications.
In recent years, HRO lawyers have been responsible for some of the most sophisticated international transactions and several of the largest trial verdicts in the country. They have also provided representation in several of the most significant class actions in the nation and been involved in some of the world's most high-profile real estate deals.
[ Back To TMCnet.com's Homepage ]
|
INDUSTRIES
Activate Email 
Find Solutions for Enterprises, SMBs & Service Providers at the INTERNET TELEPHONY Conference and EXPO East, January 20-22, 2010. Miami, FL.
