Business Editors/Health/Medical Writers/High-Tech Writers
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REDWOOD CITY, Calif.--(BUSINESS WIRE)--Oct. 14, 2003
Silicon Genetics today announced that it ranked Number 102 on the 2003 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology
Silicon Genetics' President and CEO, Saeid Akhtari, credits the strength of the company's flagship products, GeneSpring and GeNet, in the genomics research community, and the company's outstanding employee-base with the company's revenue growth over the past five years. He said, "Everyone involved with our company, particularly our customers and employees should be proud of this achievement. We made the Fast 500 in the first year we were eligible to do so and we did it by bringing quality products and customer support to the genomics marketplace."
"Being one of the 500 fastest growing technology companies in North America is an impressive accomplishment. We commend Silicon Genetics for making the Deloitte Technology Fast 500 with a phenomenal 3,606% growth rate over five years," said Mark A. Evans, national managing partner of Deloitte's Technology, Media & Telecommunications Group.
Fast 500 Selection and Qualifications
The Fast 500 list is compiled from Deloitte's 20 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have had 1998 operating revenues of at least $50,000 USD and $75,000 CD for the United States and Canada, respectively; and 2002 operating revenues must be at least $1 million USD or CD. Deloitte researchers examined financial statement to validate operating revenues.
Entrants must also be public or private companies headquartered in North America and must be a "technology company," defined as a company that owns proprietary technology that contributes to a significant portion of the companies operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology in a unique way does not qualify.
About Silicon Genetics
Silicon Genetics is the leading provider of expression data analysis and management solutions that accelerate the pace of functional genomics research and drug discovery. With combined expertise in biostatistics, molecular biology, and information technology, Silicon Genetics is the only company to offer scalability that meets the demands of both high throughput sample volumes and increasing numbers of users. Thousands of scientists at hundreds of organizations, including 11 of the world's top 13 pharmaceutical companies, currently use Silicon Genetics desktop and enterprise solutions to advance their research. Additional information about Silicon Genetics and its products and services can be found at www.silicongenetics.com.
About Deloitte
Deloitte, one of the nation's leading professional services firms, provides audit, tax, financial advisory services and consulting through nearly 30,000 people in more than 80 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for innovative human resources programs, Deloitte has been recognized as one of the "100 Best Companies to Work For in America" by Fortune magazine for six consecutive years. "Deloitte" refers to Deloitte & Touche LLP and affiliated entities. Deloitte is the US member firm of Deloitte Touche Tohmatsu. Deloitte Touche Tohmatsu is a Swiss Verein (association), and, as such, neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the name "Deloitte, " "Deloitte & Touche," "Deloitte Touche Tohmatsu" or other related names. The services described herein are provided by the US member firm and not by the Deloitte Touche Tohmatsu Verein. For more information, please visit Deloitte's web site at www.deloitte.com/us.
Deloitte Technology, Media & Telecommunications (TMT) Group
The TMT Group is composed of service professionals who have a wealth of experience serving technology, media and telecommunications companies throughout the world in areas including cable, communications providers, computers and peripherals, entertainment, media and publishing, networking, semiconductors, software, wireless, and related industries. These specialists understand the challenges that these companies face throughout all stages of their business growth cycle and are committed to helping them succeed. Deloitte is a leader in providing strategic, financial and operational assistance to its technology, media and telecommunications clients.