Tanner Research Named One of Los Angeles'
Fastest Growing Technology Companies by Deloitte & Touche
For Release after 8-14-00
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.