America's Fastest-Growing High Technology Companies

From: Yakov Horenstein (
Date: Fri Jan 09 1998 - 02:03:49 EET

[This press release is too long to send in full to the list, so if anyone
wants the whole thing please mail me privately. I am really only distributing
this because of the position of HELISYS, just behind America Online, but ahead
of Paramentric Technology and Dell Computers. Microsoft isn't even on the
list! - YH]

(DELOITTE-&-TOUCHE) America's Fastest-Growing High Technology Companies Are
Announced by Deloitte & Touche LLP
(Business Wire; 01/08/98)

SAN JOSE, Calif.--(BUSINESS WIRE)--Jan. 8, 1998--

Integrated Process Equipment Corp. and Cascade Communications Corp. Lead 500
Companies Identified Across the United States by National Study

Deloitte & Touche LLP announces the fastest-growing technology companies in
the United States for 1997 as determined by its national Technology Fast 500
awards [the full list of 500 companies follows the original release - YH].

Phoenix-based Integrated Process Equipment Corp. (IPEC) won first place with
an astounding revenue growth increase of 71,136 percent, while second- place
winner Cascade Communications Corp. (Ascend) of Westford, Mass., also
experienced hypergrowth with a 41,686 percent five-year growth rate increase.
Growth rates ranged from 71,136 to 485 percent, with the average growth rate at
2,495 percent. [ . . . ]

The Technology Fast 500 is a unique awards program that exclusively recognizes
fast-growing technology companies. The companies are ranked by percentage
growth in revenue over a five-year period. To qualify for the Fast 500
recognition, companies must have been in business for five years, with 1992
revenues of at least $50,000, and must be a U.S. company developing and/or
providing technology products or services.

[The following are the first 10 companies listed ]

Rank Company 5-Year Growth % City State
1 Integrated Process Equipment Corp. 71,136 Phoenix AZ
 2 Cascade Communications Corp. (Ascend) 41,686 Westford MA
 3 McLeodUSA, Inc. 32,429 Cedar Rapids IA
 4 Optiva Corporation 31,943 Bellevue WA
 5 International Network Services 23,605 Sunnyvale CA
 6 InteliData 21,962 Herndon VA
 7 IDT Corp. 21,268 Hackensack NJ
 8 Pacific Gateway Exchange, Inc. 20,203 Burlingame CA
 9 Computer Concepts Corp. 19,519 Bohemia NY
 10 MELE Associates, Inc. 18,353 Rockville MD
 [ . . . ]

63 America Online Inc. 4,014 Dulles VA
97 Helisys, Inc. 2,707 Torrance CA
428 Parametric Technology Corp. 592 Waltham MA
488 Dell Computer 495 Austin TX

Yakov Horenstein
Milano, Italy

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