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Circadence Corporation Tops Deloitte’s Colorado Technology Fast 50 Ranking of Fastest-Growing Companies, with 8,173% Revenue Growth Over 5 Years
Colorado Technology Fast 50 companies experience average revenue growth of 504%

Melissa Norcross
Public Relations
Deloitte
+1 713 982 2391
mnorcross@deloitte.com

DENVER, Oct. 24, 2008 — Circadence Corporation of Boulder tops the list of the fastest-growing companies in Colorado as recognized by Deloitte at a chief executive officer reception held October 23, 2008, at the Denver Art Museum. The “Colorado Technology Fast 50,” an annual award program, ranks technology, media, telecommunications and life sciences companies in Colorado by percentage revenue growth over five years.

“The companies named to Deloitte’s Colorado Technology Fast 50 list have demonstrated the vision, tenacity and strength to succeed in today’s very competitive technology environment,” said Kurt Randall, Deloitte Tax LLP, chair of the 2008 Colorado Technology Fast 50. “We applaud their successes as the few to achieve these impressive growth rates over the past five years.”

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 in Colorado; 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 2008 Colorado Technology Fast 50 company ranking is as follows:

RankCompany NameCity5Yr Growth %
1Circadence CorporationBoulder8173%
2MX Logic, Inc.Englewood3177%
3Accuvant, Inc.Denver1586%
4StillSecureSuperior1391%
5Incentra Solutions Inc.Boulder1386%
6Aero Solutions, LLCBoulder980%
7Pharmion CorporationBoulder945%
8Epic Broadband SolutionsCastle Rock858%
9ReadyTalkDenver663%
10Intelligent Software Solutions, Inc.Colorado Springs619%
11IQNavigatorDenver565%
12TouchStar CorpAurora416%
13Syncroness, Inc.Westminster351%
14Catalyst Repository Systems, IncDenver331%
15Virtela Communications, IncGreenwood Village292%
16Maptek Lakewood250%
17Alpine Access IncDenver209%
18Spectranetics CorporationColorado Springs197%
19Statera, Inc.Englewood177%
20Insurance Technologies, LLCColorado Springs176%
21Simtek Corp.Colorado Springs169%
22Novus Biologicals, IncLittleton151%
23Global Med Technologies, Inc.Lakewood147%
24Dean Evans & Associates, Inc.Greenwood Village123%
25Allied Motion Technologies, Inc.Englewood114%
26FreeWave Technologies, Inc.Boulder112%
27Level 3 Communications, Inc.Broomfield111%
28Express Digital Graphics, Inc.Englewood110%
29ASD Inc.Boulder109%
30IHS Inc.Englewood99%
31DISH Network CorpEnglewood93%
32Mesa Laboratories, Inc.Lakewood90%
33Advanced CircuitsAurora88%
34QualMark CorporationDenver83%
35Accucode, Inc.Centennial82%
36Ramtron International CorporationColorado Springs78%
37Woodward Governor CompanyFort Collins78%
38ADA Technologies, Inc.Littleton64%
39TW Telecom Inc.Littleton62%
40Encision, Inc.Boulder62%
41IntegwareFort Collins60%
42CSG Systems International, Inc.Englewood60%
43Dynamic Solutions InternationalEnglewood53%
44Advanced Energy Industries, Inc.Fort Collins52%
45StarTek, Inc.Denver48%
46Corgenix Medical CorporationBroomfield47%
47ARC Wireless Solutions, Inc.Wheat Ridge43%
48TeleTech Holdings Inc.Englewood37%
49Evolving Systems, Inc.Englewood29%
50Heska CorporationLoveland26%

The Colorado Technology Fast 50 program is presented by Deloitte, in association with gold sponsor Holme Roberts & Owen LLP, silver sponsor Q Advisors and associate sponsor NASDAQ.

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Last Updated: November 13, 2008
Source: Deloitte LLP - United States (English)

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