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10/7/2004

Three local firms among state’s fastest growing

The Daily Times-Call

Three Longmont-based companies earned high rankings on Deloitte & Touche’s Fast 50 list of fastest-growing technology companies in Colorado in 2004.

Applied Films Corp. landed the No. 3 slot with 3,241 percent revenue growth over five years. The company develops and implements coating solutions for products such as solar glass and flat-panel displays.

Conduant Corp. ranked ninth with revenue growth of 953 percent during the past five years. The Longmont-based company develops ultra-fast, hard disk-based, long-duration recording and playback systems.

Intrado Inc. ranked No. 21 with 283 percent revenue growth over five years. Intrado provides most of the country’s 9-1-1 emergency communications infrastructure and maintains up-to-date databases detailing 280 million addresses, boundary changes and cell phone-tower placements. That information is then provided to law enforcement agencies across the country so dispatchers can get the correct information to the right agency.

To qualify for the list, companies had to have revenues of at least $50,000 in 1999 and at least $1 million in 2003. Companies had to be headquartered in Colorado and could be public or private.

To qualify as a technology company, each business had to prove that it owned proprietary technology that contributes to a significant portion of the company’s operating revenues or dedicated a significant portion of its revenue to research and development of technology.

The Colorado Technology Fast 50 is sponsored by Deloitte & Touche, in association with law firm Holme Roberts and Owen LLP and The Denver Business Journal.

The No. 1 and No. 2 rankings went to Golden-based companies: Alpine Access Inc., with 5,505 percent revenue growth, and ServiceMagic Inc., with 5,500 percent growth over five years.

Raindance Communications Inc. of Louisville ranked fourth, with 3,044 percent growth over five years.

Array BioPharma Inc. of Boulder ranked sixth, with 2,236 percent revenue growth. Boulder-based Encision Inc. ranked 20th, with 334 percent revenue growth over five years.

Gold Systems Inc. of Boulder ranked 33rd, with 107 percent revenue growth over five years; Boulder-based FreeWave Technologies Inc. ranked 35th with 98 percent revenue growth, and SpectraLink Corp. of Boulder ranked 40th, with 73 percent revenue growth over five years.

Out of the 50 companies listed, 13 Boulder and Broomfield county companies made the grade.