News Article

Tanner Research Named One of Los Angeles' Fastest Growing Technology Companies by Deloitte & Touche
Date: Aug 14, 2000
Source: Company Data ( click here to go to the source)

Featured firm in this article: Tanner Research Inc of Duarte, CA

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."