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Tanner Research Named One of Los Angeles' Fastest Growing Technology Companies by Deloitte & Touche

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PASADENA, Calif., August 14, 2000 - Tanner Research was named to the impressive Deloitte & Touche "Los Angeles Technology Fast 50" list, a ranking of the 50 fastest-growing high-technology companies in the area. Tanner Research, Inc., a leading microelectronic technology company was named to the list in recognition of its outstanding growth over the past five years. Tanner Research, Inc. designs custom integrated circuits (ICs) and supplies IC design software and services worldwide. The company has made the "Fast 50" list for three years in a row.

"The Fast 50 program brings well-deserved attention to these companies which have the vision to succeed in today's fast-paced technology marketplace," said Gary Dickey, a partner in Deloitte & Touche's Los Angeles Technology Group. "We salute them for their dedication, determination, and the contributions they have made to our local economy."

Founder and President of Tanner Research, Inc., Dr. John Tanner attributes Tanner Research's extraordinary growth to its ability to solve complex microelectronics problems, and in doing so address customer's needs. "Tanner Research's software products empower designers with the most technologically robust tools and innovative methodologies available in today's fast-paced world of technology. Integrated circuit technology changes with extreme rapidity. Our advanced research and development division and our engineering services division, both competitive business units in their own right, use our own design automation software and drive the company to stay on the leading edge of technology. Our strategy of continued reinvestment in advanced microelectronic technology has been validated by being honored with this prestigious award for three years in a row."

To qualify for the "Los Angeles Technology Fast 50," companies must be in business for a minimum of 5 years; must not be a subsidiary or division; must have 1995 revenues of at least $50,000 and 1999 revenues of $1,000,000 or more; must be headquartered in the area (Los Angeles, Santa Barbara, Ventura, Riverside, or San Bernardino county); must be considered a "technology company" which is defined as a company producing technology, manufacturing a technology related product; being technologically intensive or using unique technology in problem-solving, or devoting a high percentage of effort to research and development of technology.

"Today, there are more than 22,000 high technology companies in the United States, many of whom are competing for the same markets here in the states and worldwide," commented Gary Dickey, a partner in Deloitte & Touche's Los Angeles High Technology Group. "The Fast 50 winners for Los Angeles have proven that they can compete successfully by consistently delivering technological wonders. We at Deloitte & Touche commend Tanner Research for having the vision and determination to become one of the 50 fastest-growing technology companies in Los Angeles and for making the commitment to technology and delivering on the promise of market longevity."


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 Deloitte & Touche

Deloitte & Touche, one of the nation's leading professional services firms, provides assurance and advisory, tax, and management consulting services through 30,000 people in more than 100 U.S. cities. Deloitte & Touche is part of Deloitte & Touche Tohmatsu, one of the world's leading professional services firms, with more than 90,000 people in 130 countries. For additional information, visit the "Fast 50" website at www.fast50.com.

 

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