SAN DIEGO, Oct. 12 /PRNewswire/ -- Ethertronics Inc. tops the list of the fastest growing companies in San Diego County as recognized by Deloitte & Touche USA LLP at an award event held Friday, Oct. 12, at the Grand Del Mar Hotel. The San Diego Technology Fast 50, an annual award program, ranks technology, media, telecommunications and life sciences companies located in San Diego and surrounding areas by percentage revenue growth over five years.
"Deloitte is excited to honor these successful, dynamic companies named to the 2007 Technology Fast 50 list in San Diego," said Theresa Drew, Managing Partner, San Diego Practice, Deloitte & Touche LLP. "We congratulate these businesses on their contribution to the vitality of San Diego and wish them continued growth in years to come."
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 San Diego 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 Technology Fast 50 program is presented by Deloitte & Touche USALLP in association with AeA, Barney & Barney, BIOCOM, Bowne, Cushman &Wakefield, Focus Creative Group, The Thompson Search Group, KPBS Public Broadcasting, Morrison & Foerster LLP, the San Diego Business Journal and Union Bank of California.
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