Jessica Heine 
Public Relations
Deloitte 
+1 415 783 5007 
jheine@deloitte.com 

MOUNTAIN VIEW, CALIF., October 30, 2008  — Pure Digital Technologies Inc., with revenue growth of 44,667 percent, tops the Deloitte Silicon Valley Technology Fast 50, an annual award program that ranks technology companies in the Silicon Valley by revenue growth over five years, from 2003 to 2007. The rankings were announced at an award ceremony at the Computer History Museum.

“Fast-growing companies like Pure Digital Technologies are proof that challenging economic times can also present great opportunity,” said Mark Jensen, partner and national director of the Venture Capital Services Group for Deloitte in Silicon Valley. “The average growth rate of the 2008 list far surpasses the 2007 list, showing that growth and innovation are still very much a part of the Bay Area.”

Following are the top-finishing companies in each category of the 2008 Silicon Valley Technology Fast 50.

• Billion Dollar Club:  VMware, Inc., which provides virtualization solutions from the desktop to the data center, was the top finisher in the Billion Dollar Club, with revenue growth of 1,687 percent. The Billion Dollar Club is a category of companies that have achieved $1 billion or more in revenue in fiscal year 2007 and more than doubled in revenue growth over a five-year period.
• Software and Information Technology: Pure Digital Technologies Inc., a developer of simple, affordable digital imaging solutions for the mass market, topped the Software and Information Technology category, and also was the fastest-growing company on the entire list, with 44,667 percent growth over five years.
• Internet, Media & Entertainment and Communications: MobiTV Inc., a video provider for cell phones, was the fastest-growing company in the Internet, Media & Entertainment, Communications category, with five-year growth of 33,712 percent.
• Scientific & Medical Equipment and Biotechnology: Affymax Inc., a biopharmaceutical company developing drugs to improve the treatment of serious and often life-threatening conditions, topped the Scientific & Medical Equipment and Biotechnology category, with five-year growth of 19,605 percent. 
• Rising Star: The top company in the Rising Star category is Splunk Inc., an IT Search company innovating large-scale, high-speed indexing for IT infrastructures. Splunk recorded three-year revenue growth of 13,870 percent. The Rising Star is a special award that recognizes fast-growing companies that have been in business a minimum of three years.

For a complete list of winning companies across all categories, please download the PDF attachment below.

Lifetime Achievement Award
Don Valentine, founder of Sequoia Capital, was honored with the 2008 Fast 50 Lifetime Achievement Award for serving as a role model for the Silicon Valley entrepreneurial community. The recipient of the annual award is widely recognized as having made a significant positive impact on the venture capital community, on society through support of life-changing innovations, and on our communities, as well as developing and fostering the innovative spirit of Silicon Valley.

About Silicon Valley Deloitte Technology Fast 50
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 Silicon Valley; own proprietary technology or proprietary intellectual property that contributes to a significant portion of their operating revenues, or devote a significant proportion of revenues to the research and development of technology. 

The Silicon Valley Technology Fast 50 is divided into five categories: Billion Dollar Club (20 companies), Software and Information Technology (50 companies), Scientific & Medical Equipment and Biotechnology (24 companies), Internet, Media & Entertainment and Communications (50 companies) and Rising Star (18 companies). 

Related Content:
Overview: Fast 50 Program 
Industries: Technology, Media & Entertainment, Telecommunications