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Deloitte Announces 2010 Technology Fast 500™ Rankings
Date:10/20/2010

09 Technology Fast 500™ winners, nearly two-thirds of chief executive officers surveyed said they had no need to raise new capital to continue on their growth trajectories.  

"It may not be surprising that a common trait of Fast 500 leaders is their sense of confidence in securing capital to maintain and grow their business," said Mark Jensen, managing partner, venture capital services, Deloitte & Touche LLP. "But it does serve as a good reminder that regions that lay the groundwork for strong local venture markets will be able to attract innovative, high-growth companies regardless of the economic climate."

From a regional perspective, 36 percent of the Technology Fast 500 companies are from the West, with California once again as the standout with 143 companies on the list.  States in the Northeast and the Southeast also have a significant concentration of Technology Fast 500™ companies, with 28 percent and 14 percent, respectively.

For additional detail on the Technology Fast 500™ including qualifying criteria, visit www.fast500.com

As used in this document, "Deloitte" means Deloitte LLP and its subsidiaries.  Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

The 2010 Technology Fast 500™2010 RankCompanySectorRevenue Growth (2005 to 2009)City, State1

Hughes Communications, Inc.

www.hughes.com

Communications/ Networking

164,079 percent

Germantown, Md.2

Affymax, Inc.

www.affymax.com

Biotech/Pharma

155,169 percent

Palo Alto, Calif.3

Insulet Corporation

www.myomnipod.com

Scientific/Technical Instrumentation


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SOURCE Deloitte
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