Isilon Systems, Inc. Tops Deloitte's Washington State Technology Fast 50 Ranking of Fastest Growing Companies, With 6,783 Percent Growth Over Five Years

SEATTLE, Sept 26, 2008 /PRNewswire via COMTEX/ -- ISLN | Quote | Chart | News | PowerRating -- Isilon Systems, Inc. tops the list of the fastest growing technology companies in Washington state as recognized by Deloitte at an award event held September 25 at the Arctic Club Hotel. The "Washington State Technology Fast 50," an annual award program, ranks technology, media, telecommunications and life sciences companies located in Washington state by percentage revenue growth over five years.

"With recent market events, it would be easy to forget that there is a silver lining here in Washington State," said Larry Hile, managing partner in Deloitte LLP's Technology, Media & Telecommunications (TMT) and Health & Life Sciences Washington state practices. "Washington continues to be one of the best states for business formation and growth. Innovative companies are taking full advantage of our entrepreneurial spirit, ample venture capital and a highly educated work force to develop new technologies that have global impacts."

Companies are selected based on percentage revenue growth over five years from 2003 to 2007. To be considered, Technology Fast 50 entrants must: have operating revenues of at least $50,000 in 2003 and at least $5,000,000 in 2007; be headquartered in Washington state; own proprietary technology or proprietary intellectual property that contributes to a significant portion of its operating revenues or devote a significant proportion of revenues to the research and development of technology.

The Technology Fast 50 company ranking is as follows:

2008 Company Name City 5-year revenue Rank growth 1 Isilon Systems, Inc. Seattle 6783.06% 2 Talyst, Inc. Bellevue 5361.60% 3 nLight Corporation Vancouver 3182.50% 4 Insitu, Inc. Bingen 2999.57% 5 Attenex Corporation Seattle 2725.40% 6 Valve Corporation Bellevue 1976.90% 7 Impinj, Inc. Seattle 1888.65% 8 Intelius Inc. Bellevue 1566.27% 9 Next IT Corporation Spokane 1478.51% 10 Dexterra Inc. Bothell 1355.37% 11 All Star Directories, Inc. Seattle 1309.65% 12 CombiMatrix Corporation Mukilteo 1222.15% 13 Global Market Insite, Inc Bellevue 1096.23% 14 WhitePages.com, Inc. Seattle 693.98% 15 Pharmacy OneSource, Inc. Bellevue 686.98% 16 Varolii Corporation Seattle 678.38% 17 eMagin Corporation Bellevue 580.92% 18 A Place for Mom, Inc. Seattle 430.64% 19 Itron, Inc. Liberty Lake 361.90% 20 SinglePoint Bellevue 361.26% 21 F5 Networks, Inc. Seattle 353.57% 22 Seattle Genetics, Inc. Bothell 342.21% 23 WildTangent, Inc. Redmond 313.46% 24 PlayNetwork Inc. Redmond 249.17% 25 Posera Inc. Seattle 223.14% 26 Coinstar, Inc. Bellevue 210.16% 27 Verathon Inc. Bothell 209.71% 28 Giant Campus, Inc. Seattle 205.08% 29 RealNetworks, Inc. Seattle 180.48% 30 The Cobalt Group, Inc. Seattle 155.03% 31 Lightel Technologies, Inc. Kent 154.19% 32 MagnaDrive Corporation Bellevue 143.59% 33 SonoSite, Inc. Bothell 141.91% 34 HouseValues, Inc. Kirkland 138.25% 35 Esterline Technologies Corporation Bellevue 130.65% 36 Concur Technologies, Inc. Redmond 127.55% 37 Cardiac Science Corporation Bothell 115.81% 38 Onvia, Inc. Seattle 109.47% 39 InfoSpace, Inc. Bellevue 88.61% 40 Flow International Corporation Kent 78.34% 41 Vertafore, Inc. Bothell 76.56% 42 Dexter + Chaney, Inc. Seattle 64.69% 43 Getty Images, Inc. Seattle 64.03% 44 LOUD Technologies, Inc. Woodinville 59.26% 45 Microsoft Corporation Redmond 58.83% 46 BSQUARE Corporation Bellevue 58.10% 47 Key Tronic Corporation Spokane Valley 54.10% 48 OCS, Inc. Seattle 54.04% 49 ZymoGenetics, Inc. Seattle 48.23% 50 Pacific Biometrics, Inc. Seattle 47.09%

The top five companies in the Fast 50 rankings represent a variety of products including Isilon's clustered data storage systems and software, Talyst's medication tracking and management systems, nLight's semiconductor lasers and fibers, Insitu's unmanned-aircraft systems and Attenix's software that assists companies in finding information quickly and efficiently.

Winning companies were evenly split between publicly traded and privately held companies, with 27 being privately held and 23 being publicly traded. As in the past years, the software industry has the strongest representation, with 16 companies on the list this year. Other industries represented include: semiconductor, scientific and technical instrumentation, computer and peripherals, internet, media and entertainment, biotechnology and pharmaceuticals and medical equipment. Winning companies came from every corner of the state.

A special category called "Rising Stars" recognizes companies that have been in business a minimum of three years, but less than five years. Powerit Solutions, provider of power management solutions that monitor use of power to lower utility usage is the 2008 Rising Star, with 1,581 percent revenue growth.

The Technology Fast 50 program is presented by Deloitte. Sponsors for the Fast 50 are Perkins Coie, Citi Family Office, Armfield, Harrison & Thomas Insurance and the Puget Sound Business Journal.

About Deloitte

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

SOURCE Deloitte

http://www.deloitte.com/us

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