Broadcom Corporation, Ceradyne, Inc., and Netlist, Inc., Recognized for Fastest Growth in Revenue Categories
Orange County, Calif., Oct. 16, 2007 — ISTA Pharmaceuticals, Inc., tops the list of the fastest growing companies in Orange County as recognized by Deloitte LLP at an award event held Tuesday, Oct. 16, at Joe’s Garage Automotive Museum in Tustin. The Orange County Technology Fast 50, an annual award program, ranks technology, media, telecommunications and life sciences companies in Orange County by percentage revenue growth over five years.
“Deloitte LLP is pleased to honor the companies named to the 2007 Technology Fast 50 list, as well as Orange County’s Rising Star company,” said Rick Rayson, managing partner, Orange County practice, Deloitte & Touche LLP. “We congratulate these businesses on their success, and applaud their contribution to the growth and vitality of Orange County.”
Companies are selected based on percentage revenue growth over five years from 2002 to 2006. To be considered, Technology Fast 50 entrants must have operating revenues of at least $50,000 in 2002 and at least $5,000,000 in 2006; be headquartered in Orange County; 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 companies represented in the 2007 Technology Fast 50 and Rising Star lists have shown exceptional strength, vision and tenacity, which enables them to excel in today’s competitive environment,” said Fred Poska, Technology partner and Orange County Technology Fast 50 Champion, Deloitte & Touche LLP. “Sustaining high revenue growth over five years is an exceptional accomplishment — we commend these businesses for their ability to deliver on the promise of market longevity.”
The Orange County Technology Fast 50 company rankings are as follows:
| 2007 Rank | Company Name | City | 5 yr revenue growth % |
| 1 | ISTA Pharmaceuticals, Inc. (1) | 11,773 | Irvine |
| 2 | FireSocket | 4,529.4 | San Clemente |
| 3 | Acacia Research Corporation | 4,499.2 | Newport Beach |
| 4 | RealtyTrac, Inc. | 1,629.6 | Irvine |
| 5 | eyeonics, inc. | 1,506.4 | Aliso Viejo |
| 6 | Nexiant | 1,478.8 | Irvine |
| 7 | Ceradyne, Inc. (1) | 982.5 | Costa Mesa |
| 8 | Netlist, Inc. (1) | 982.2 | Irvine |
| 9 | MegaPath, Inc. | 908.7 | Costa Mesa |
| 10 | Smith Micro Software, Inc. | 663.8 | Aliso Viejo |
| 11 | IntraLase Corp. | 628.8 | Irvine |
| 12 | HireRight, Inc. | 572.3 | Irvine |
| 13 | Masimo Corporation | 477.7 | Irvine |
| 14 | SenoRx, Inc. | 382.6 | Aliso Viejo |
| 15 | Multi-Fineline Electronix, Inc. | 356.1 | Anaheim |
| 16 | LogicalApps | 326.3 | Irvine |
| 17 | TTM Technologies, Inc. | 315 | Santa Ana |
| 18 | I-Flow Corporation | 284 | Lake Forest |
| 19 | Clarient, Inc. | 263.1 | Aliso Viejo |
| 20 | Accurate Background, Inc. | 258.2 | Lake Forest |
| 21 | Newport Corporation | 253 | Irvine |
| 22 | Broadcom Corporation1 | 238.7 | Irvine |
| 23 | UCT-AnyDATA | 235.8 | Irvine |
| 24 | IDM Pharma Inc. | 231.9 | Irvine |
| 25 | Envision Financial Systems, Inc. | 170.8 | Irvine |
| 26 | Quality Systems, Inc. | 168.5 | Irvine |
| 27 | Epicor Software Corporation | 167.7 | Irvine |
| 28 | KOR Electronics | 158.9 | Cypress |
| 29 | BIOLASE Technology, Inc. | 155.7 | Irvine |
| 30 | Spectrum Pharmaceuticals, Inc. | 139.3 | Irvine |
| 31 | Irvine Sensors Corp. | 132.3 | Costa Mesa |
| 32 | ICU Medical, Inc. | 129.6 | San Clemente |
| 33 | Universal Electronics Inc. | 127 | Cypress |
| 34 | SRS Labs, Inc. | 125.5 | Santa Ana |
| 35 | Allergan, Inc. | 111.2 | Irvine |
| 36 | Western Digital Corporation | 101.8 | Lake Forest |
| 37 | QLogic Corporation | 100 | Aliso Viejo |
| 38 | STEC, Inc. | 99.5 | Santa Ana |
| 39 | Endologix, Inc. | 98.3 | Irvine |
| 40 | American Vanguard Corporation | 92.5 | Newport Beach |
| 41 | Ritz Interactive, Inc. | 90.8 | Irvine |
| 42 | Powerwave Technologies, Inc. | 86.3 | Santa Ana |
| 43 | Conexant Systems, Inc. | 86.1 | Newport Beach |
| 44 | Advanced Medical Optics, Inc. | 85.4 | Santa Ana |
| 45 | Liberty Information Management Solutions | 83.8 | Costa Mesa |
| 46 | SmartLabs, Inc. | 75.8 | Irvine |
| 47 | Microsemi Corporation | 74.2 | Irvine |
| 48 | Mindspeed Technologies, Inc. | 69.8 | Newport Beach |
| 49 | Pro-Dex, Inc. | 62.1 | Santa Ana |
| 50 | Emulex Corporation | 58.1 | Costa Mesa |
(1) indicates Technology Fast 50 Revenue Category Leader
A special category called Rising Star recognizes the fastest growing technology, media, telecommunications and life sciences company based on revenue growth over three years (2004–2006):
| 2007 Rank Rising Star | Rising Star Company Name | City | 5 yr revenue growth % |
| Rising Star | SiliconSystems, Inc | 612 | Aliso Viejo |
The Technology Fast 50 program is presented by Deloitte LLP, in association with Bowne & Co., CresaPartners, DLD Insurance Brokers Inc., Focus Creative Group, Stradling Yocca Carlson & Rauth, Union Bank of California, OCTANe and Technology Council of Southern California.
Recognizing Publicly Held Revenue Leaders
At the Technology Fast 50 event, Deloitte leadership gave special recognition to four publicly traded companies. Each of these honorees was the fastest growing company within one of four revenue categories that encompassed all publicly held Technology Fast 50 companies. [Note: Because Fast 50 nominations are submitted in early 2007, earnings are calculated through the end of CY 2006; in addition, only publicly traded companies are eligible for the Revenue Leader recognition.]
These companies are:
Revenue Category: Over $1 Billion
Broadcom Corporation [Nasdaq: BRCM], a global leader in semiconductors for wired and wireless communications.
- Reported FY 2006 Revenue: $3.67 billion
- Five-Year Growth Percentage: 238.7
Revenue Category: $501 Million to $1 Billion
Ceradyne, Inc. [Nasdaq: CRDN], a worldwide leader in the development and production of advanced technical ceramics.
- Reported FY 2006 Revenue: $662.9 million
- Five-Year Growth Percentage: 982.5
Revenue Category: $101 Million to $500 Million
Netlist, Inc. [Nasdaq: NLST], which designs and manufactures high-performance memory subsystems for the server and high-performance computing and communications markets.
- Reported FY 2006 Revenue: $151.4 million
- Five-Year Growth Percentage: 982.2
Revenue Category: $5 Million to $100 Million
ISTA Pharmaceuticals, Inc. [Nasdaq: ISTA], an ophthalmic pharmaceutical company.
- Reported FY 2006 Revenue: $33 million
- Five-Year Growth Percentage: 11,773
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