• E-mail
• Print
• Comment
• Font Size
• Digg
• del.icio.us
• Discuss article

NetLogic Microsystems Honored As the 5th Fastest Growing Technology Company in Silicon Valley By Deloitte & Touche USA

Posted on: Monday, 30 October 2006, 09:00 CST

NetLogic Microsystems, Inc. (NASDAQ:NETL), the leader in the design and development of knowledge-based processors, today announced that it has been named to Deloitte's prestigious Technology Fast 50 Program for Silicon Valley, a ranking of the fastest growing technology, media, telecommunications and life sciences companies in the region by Deloitte & Touche USA LLP, one of the nation's leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2001 to 2005.

"To rank on Deloitte's Technology Fast 50, companies must have phenomenal revenue growth over five years," said Mark Jensen, national director of the Venture Capital Services Group at Deloitte & Touche USA. "NetLogic Microsystems has proven to be one of the fast-growth success stories in Silicon Valley, and we applaud their dedication to making their vision a reality."

NetLogic Microsystems achieved an impressive growth rate of 3,964 percent over the last five years, growing its revenue from $2.0 million in 2001 to $81.8 million in 2005. In addition to ranking 5th on Deloitte's Silicon Valley Software & Information Technology Fast 50 list, NetLogic Microsystems was also recognized on Deloitte's 2006 Technology Fast 500 list as the 59th fastest growing company in North America. Winners of the 16 regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte's Technology Fast 500 program, which ranks North America's top 500 fastest growing technology, media, telecommunications and life sciences companies. Only 28 Silicon Valley technology companies made it on both the Silicon Valley and North America lists.

"To be recognized with the likes of Google, Apple Computer and NVIDIA on this year's Deloitte Silicon Valley Technology Fast 50 list is a significant tribute to the collective devotion and talent of our employees," said Ron Jankov, president and chief executive officer of NetLogic Microsystems. "This award is a recognition of our phenomenal success delivering industry-leading products that enable new levels of performance and functionality for our customers, as well as becoming the worldwide leader in knowledge-based processors."

NetLogic Microsystems' knowledge-based processors are designed into systems offered by leading networking OEMs worldwide, including AlaxalA Networks Corporation, Alcatel, ARRIS Group Inc., Cisco Systems, Inc., Ericsson, Extreme Networks, Inc., Foundry Networks, Inc., Force10 Networks, Fujitsu Limited, Hitachi, Ltd., Huawei Technologies Co., Ltd., Juniper Networks Inc., Lucent Technologies Inc., Motorola, Inc., Nortel Networks Limited and Siemens AG.

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2001 and $5,000,000 in 2005, be headquartered in North America, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify.

This year's Silicon Valley Technology Fast 50 program is co-presented by Deloitte & Touche USA LLP and Silicon Valley Bank, Cooly Godward Kronish LLP, Korn/Ferry International and Porsche Motorsports.

About NetLogic Microsystems

NetLogic Microsystems, Inc. (NASDAQ:NETL), a fabless semiconductor company located in Mountain View, Calif., designs, develops and markets high performance knowledge-based processors for a variety of advanced Internet, corporate and other networking systems, such as routers, switches, network security appliances, network access equipment and networked storage devices. NetLogic Microsystems' knowledge-based processors use an advanced processor architecture and a large knowledge or signature database to make complex decisions about individual packets of information traveling through the network. Knowledge-based processors from NetLogic Microsystems significantly enhance the ability of networking OEMs to supply network service providers with systems offering more advanced functionality for the Internet, such as application-based routing, voice transmission over the Internet, or VoIP, unified threat management (UTM) network security, virtual private networks, or VPNs, and streaming video and audio. NetLogic Microsystems' knowledge-based processors are interoperable with industry-leading CPUs, NPUs and routing/switching processors. For more information about products offered by NetLogic Microsystems, call 650.961.6676 or visit the NetLogic Microsystems Web site at http://www.netlogicmicro.com.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte", "Deloitte & Touche", "Deloitte Touche Tohmatsu" or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.

Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.

NetLogic Microsystems and the NetLogic Microsystems logo are trademarks of NetLogic Microsystems, Inc. All other trademarks are properties of their respective owners.

Source: Business Wire

More News in this Category