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Deloitte Announces 2007 Colorado Technology Fast 50 Ranking of Fastest Growing Companies
Fourteen Colorado Fast 50 Companies Also Included in the Deloitte Technology Fast 500 Ranking for North America

DENVER, CO., Oct. 23, 2007 — Accuvant of Denver tops the list of the fastest growing companies in Colorado as recognized by Deloitte LLP. The “Colorado Technology Fast 50,” an annual award program, ranks technology, media, telecommunications and life sciences companies located in Colorado by percentage revenue growth over five years.

“Deloitte’s Colorado Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today’s very competitive technology environment,” said Kurt Randall, Deloitte Tax LLP, Leader of Technology, Media & Telecommunications in Colorado. “We applaud the successes of the very few to accomplish these growth rates over the past five years.”

Fourteen of those companies have also been included in the Deloitte North America Technology Fast 500 ranking announced today. Companies and their Fast 500 rankings are Accuvant (25), Pharmion Corporation (34), Evocate, Inc. (102), Booyah Networks, Inc. (107), Intelligent Software Solutions, Inc. (110), Incentra Solutions, Inc. (172), Epic Broadband Solutions (206), Liberty Media Corporation (217), Bolo Systems, Inc. (252), Sirenza Microdevices, Inc. (284), Allied Motion Technologies, Inc. (343), Metretek Technologies, Inc. (395), Syncroness Inc. (452) and 3t Systems, Inc. (475).

The Colorado Technology Fast 50 company ranking is as follows:

RankCompany NameCity5yr Growth %
1AccuvantDenver6,683
2Pharmion CorporationBoulder4,490
3Evocate, Inc.Denver1,623
4Booyah Networks, Inc.Westminster1,592
5Intelligent Software Solutions, Inc.Colorado Springs1,559
6IQNavigatorDenver1,177
7Incentra Solutions, Inc.Boulder950
8Epic Broadband SolutionsCastle Rock799
9Liberty Media CorporationEnglewood753
10Bolo Systems, Inc.Lakewood648
11Sirenza Microdevices, Inc.Broomfield559
12Clear Technology, Inc.Westminster450
13Allied Motion Technologies, Inc.Englewood426
14Metretek Technologies, Inc.*Denver355
15Syncroness Inc.Westminster293
163t Systems, Inc.Denver266
17Alpine Access, Inc.Denver245
18Isonics CorporationGolden191
19TrenStar Inc.Greenwood Village180
20FreeWave Technologies, Inc.Boulder178
21Level 3 Communications, Inc.Broomfield178
22SIMTEK CorporationColorado Springs147
23Express Digital Graphics, Inc.Englewood130
24Spectranetics CorporationColorado Springs126
25EchoStar CommunicationsEnglewood104
26QualMark CorporationDenver104
27Advanced CircuitsAuroa102
28Catalyst Repository Systems, Inc.Denver102
29Dynamic Solutions InternationalEnglewood98
30Encision, Inc.Boulder88
31Global Med Technologies, Inc.Lakewood87
32Advanced Energy Industries, Inc.Fort Collins76
33ADA Technologies, Inc.Littleton74
34HIS Inc.Englewood63
35ASD Inc.Boulder57
36Carrier Access CorporationBoulder50
37AccuCode IncorporatedDenver50
38Evolving Systems, Inc.Englewood47
39CCX CorporationLafayette47
40Heska CorporationLoveland46
41First Data CorporationGreenwood Village41
42Quovadx, Inc.Greenwood Village39
43Corgenix Medical CorporationBroomfield37
44Spectra Logic CorporationBoulder36
45Ramtron International CorporationColorado Springs35
46Array BioPharma Inc.Boulder28
47Mesa Laboratories, Inc.Lakewood28
48Discovery Holding CompanyEnglewood28
49Woodward Governor CompanyFort Collins26
50Time Warner Telecom Inc.Littleton17

*Metretek Technologies, Inc. was acquired by PowerSecure International, Inc.

A special category called “Rising Stars” recognizes the two fastest growing technology, media, telecommunications and life sciences companies in Colorado based on revenue growth over three years (2004–2006).

Company NameCity5yr Growth %
Indicative SoftwareFort Collins1,246
NextAction CorporationWestmnister133

Indicative Software was also ranked number seven among the twenty fastest growing “Rising Stars” companies in North America as determined by the Deloitte Technology Fast 500 announced today.

Technology Fast 50 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 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 Colorado Technology Fast 50 program is presented by Deloitte & Touche USA LLP, in association with Holme Roberts & Owen LLP, Q ADVISORS, AeA and NASDAQ.

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Last Updated: July 14, 2008
Source: Deloitte LLP - United States (English)

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