TTM named one of Orange County's fastest growing technology companies
Sep 22, 2005
TTM Technologies, Inc. (Nasdaq: TTMI) has been named to Deloitte's prestigious Technology Fast 50 Program for Orange County, a ranking of the 50 fastest growing technology companies in Orange County by Deloitte & Touche LLP, one of the nation's leading professional services firms. Scheduled to be announced at the Orange County awards luncheon on October 11, 2005, Technology Fast 50 rankings are based on percentage revenue growth over five years (2000 - 2004).
Kent Alder, President and CEO of TTM Technologies, credits TTM's unique combination of speed, technology and focused business vision with fueling the company's rapid growth over the past five years. "Our strategy has not changed since TTM's inception, and this has served us well throughout the electronics industry cycle," said Mr Alder. "We will continue to use our time and technology approach to deliver quality products and services to our customers and superior growth and profitability to our shareholders."
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2000 and $1,000,000 in 2004, must be a public or private company headquartered in North America, and must be a "technology company," defined as a company that owns proprietary technology 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. Use of other companies' technology in a unique way does not qualify.
Winners of the 15 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 companies.