Tanner Research Named One of Los Angeles'
Fastest Growing Private Companies
For Release after 11-22-99
PASADENA, California - For the second year
in a row, the Los Angeles Business Journal has named Tanner
Research as one of the 100 Fastest Growing Private Companies.
The L. A. Business Journal recently surveyed private companies
of all kinds headquartered in Los Angeles County. They listed
the top 100 of those that have been in business since January
1996 and had 1998 revenues of $5 million or more. They then
ranked these companies based on their revenue growth over
that 3-year period.
and CEO John Tanner attributes Tanner Research's success to
field experts with the ability to deliver what the marketplace
needs combined with an ongoing commitment to R&D.
"Technology companies particularly can
dissolve overnight. We're very proud of our strong sustained
growth. Our customer base has expanded as rapidly as we have,
and we remain committed to providing the best products and
service in our field."
Last year, Tanner ranked 88th on the list
of fastest growing businesses, and this year, we've risen
a whopping 50 slots to 38th! Inclusion on this select list
reflects the rapid, yet sustained growth of Tanner Research
over the last three years. Tanner Research has also been recognized
for the past two years as one of the fastest growing technology
companies by Deloitte & Touche Fast 50. In 1998, we ranked
24th in 5-year growth rate of all Los Angeles county-based
technology companies both public and private. Candidates for
these awards needed to be independent, technology-based businesses,
with a minimum size, headquartered in Los Angeles, Riverside,
Santa Barbara, San Bernardino, or Ventura counties.
About Tanner Research
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 in 35 countries.
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 promise
to 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 on the World Wide Web at www.tanner.com.
About Los Angeles Business Journal
Los Angeles Business Journal is designed
to inform decision-making executives, investors, and managers
on the trends and the ideas important to commerce and industry
in the Los Angeles County. They are currently on their 20th
year of publishing. Journals are published weekly with a special
issue in December. For more information about the Los Angeles
Business Journal, visit their web site at www.labusinessjournal.com.