Tanner Research Captures Fast 50 Award
for Fifth Consecutive Year
Exceptional Revenue Growth recognized by
Deloitte & Touche
For release August 26, 2002
PASADENA, California -- August 26, 2002 -- For
the fifth year in a row, Tanner Research has been named to
Deloitte & Touche's prestigious "Technology Fast
50" program for the Los Angeles area, a ranking of the
50 fastest-growing technology companies in the region. Inclusion
is based on the percentage of growth in fiscal year revenues
during the five-year period from 1997 through 2001.
"Making this list just once is a difficult accomplishment,
so we're especially pleased to be included for a fifth time,"
states John Tanner, founder and CEO of Tanner Research, Inc.
"Tanner was a startup in 1988, long before the dotcom
surge. We've matured and thrived in the EDA (electronic design
automation) field in part because we've weathered a lot since
then. We are very resilient. We've learned how to handle both
the slowdowns and the dramatic upswings that are integral
to the software field."
Slow and Steady Wins the Race
"Tanner has a conservative approach. We've had years
with over 100% growth rate in revenues, profit and number
of employee--and single-digit years," continues Tanner.
"While we enjoy the flush times, we don't expect them
to be the norm. When it comes to growing the business and
developing our product, we have long-term goals and we stick
to them. We define our product roadmap by listening to our
users and we commit to delivering those features. We're proud
that even in the current economic climate we have remained
among the handful of fastest growing tech firms in Southern
To determine the fastest growing technology companies, Deloitte
& Touche's accounting experts review competing company's
revenues for the past five years, calculate the growth percentage,
and then compare the growth of all companies in the region.
To qualify for consideration, a company must have had operating
revenues of at least $1,000,000 in 2001, must be public or
privately held with headquarters in North America, and own
proprietary technology that contributes to a significant portion
of the company's operating revenues.
About Tanner Research, Inc.
Tanner Research, Inc., founded in 1988, is a leader in various
facets of microelectronic design. The company has provided
innovative electronic design automation software solutions
to over 12,000 engineers worldwide. To streamline the design
process, Tanner Research also provides training and consulting
services for its customers. The areas of consulting expertise
include integrated circuit and micro-electro-mechanical systems
design. The advanced research and development arm of Tanner
Research is focused on applications that deliver unprecedented
capabilities, including image processing, speech recognition,
laser interferometry, and optical communication. More information
about the company, its products, and services can be found
About Deloitte & Touche
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services firms, provides assurance and advisory, tax, and
management consulting services through nearly 30,000 people
in more than 100 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 &
Touche has been recognized as one of the "100 Best Companies
to Work For in America" by Fortune magazine for five
consecutive years. Deloitte & Touche refers to Deloitte
& Touche LLP and related entities. Deloitte & Touche
is the US national practice of Deloitte Touche Tohmatsu. Deloitte
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more information, please visit the Deloitte & Touche's
Web site at www.deloitte.com/us.