Numerical Technologies Named One of Silicon Valley's 50 Fastest Growing Companies
SAN JOSE, Calif., Sept. 20 /PRNewswire/ --
Numerical Technologies, Inc. (Nasdaq: NMTC), the leading provider of
subwavelength design-to-silicon solutions to the semiconductor industry, today
announced that it has landed a position as one of the top 10 companies in
Deloitte & Touche's list of the 50 fastest growing businesses in the Silicon
Valley. With revenue reaching $23.3 million in 2000, up from $51,000 in 1996,
Numerical secured the number six spot on the list. Numerical's latest industry recognition puts them in an exclusive category
of successful companies that has included past honorees such as Yahoo!,
Rambus, Cisco Systems, Netscape, NVIDIA and PeopleSoft. The company was chosen
after an evaluation of the operating revenue of companies that earned at least
$50,000 in 1996 and at least $1 million in 2000. Numerical's growth over that
time period equated to approximately 45,586 percent. ``To be honored as one of the fastest growing companies in Silicon Valley
confirms to our customers and partners that we have built a solid business
model, which is allowing us to challenge the downward trend currently gripping
the high-tech industry,'' said Y.C. (Buno) Pati, president and CEO of Numerical
Technologies. ``It also enables us to continually offer optimized manufacturing
solutions that allow our customers to speed advanced integrated circuits to
market, while saving money using their existing equipment.'' ``To rank on the Deloitte & Touche Technology Fast 50, companies must have
phenomenal revenue growth in a five-year period. Numerical Technologies has
proven to be one of the fast-growth success stories in Silicon Valley, and we
applaud their success and vision,'' said Roy Avondet, managing partner of
Deloitte & Touche. About Numerical: Numerical Technologies, Inc., ranked as one of the
100 fastest growing technology companies by Forbes ASAP and the number one
best small electronics company in Electronic Business, develops and markets
proprietary technology, software tools and services that enable the
semiconductor industry to produce subwavelength integrated circuits, i.e.,
integrated circuits with components smaller than the wavelength of light used
to create circuit patterns on silicon. Numerical's products and industry
alliances form a comprehensive design-to-silicon solution that enables the
creation of smaller, faster and more power-efficient semiconductors using
available manufacturing equipment. Numerical's customers include the world's
leading semiconductor companies, design automation tool vendors, semiconductor
equipment suppliers and photomask manufacturers. Additional information about
the company is available on the Web at http://www.numeritech.com . About Deloitte & Touche: Deloitte & Touche LLP, one of the nation's leading professional services
firms, provides assurance and advisory, tax, and management consulting
services through nearly 30,000 people in more than 100 U.S. cities. The firm
is dedicated to helping its clients and its people excel. Known as an employer
of choice for its innovative human resources programs, Deloitte & Touche has
been recognized as one of the ``100 Best Companies to Work For in America'' by
Fortune magazine for four consecutive years. Deloitte & Touche is the U.S.
national practice of Deloitte Touche Tohmatsu. Deloitte Touche Tohmatsu is a
Swiss Verein, and each of its national practices is a separate and independent
legal entity. For more information, please visit Deloitte & Touche's web site
at www.us.deloitte.com. About Deloitte & Touche's Technology & Communications Group: The Technology & Communications Group is composed of service professionals
who have a wealth of experience serving technology and communications
companies throughout the world in areas including Internet, software,
semiconductors, cable, media and publishing, communication utilities,
networking, wireless, computers and peripherals, and related industries. These
specialists understand the challenges that technology and communications
companies face throughout all stages of their business growth cycle and are
committed to helping them succeed. Deloitte & Touche is a leader in providing
strategic, financial, operational, and information technology assistance to
its technology and communications clients.
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