OmniVision Technologies Ranked as the 10th Fastest Growing Technology Company

OmniVision Technologies Ranked as the 10th Fastest Growing Technology Company in North America on the 2002 Deloitte & Touche Technology Fast 500\r\n
\r\nSUNNYVALE, Calif.–(BUSINESS WIRE)–Oct. 16, 2002–OmniVision Technologies, Inc. today announced that it ranked Number 10 on the 2002 Deloitte & Touche Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on percentage revenue growth over five years, from 1997-2001. OmniVision grew 90,929 percent during this period.“;“OmniVision’s CEO, Shaw Hong, credits the rapidly growing markets for imaging technologies and OmniVision’s unique single CameraChip(TM) technology with the company’s 90,929 percent revenue growth over the past five years. \“The markets we are focused on are large volume imaging markets where small size, low power, and high image quality are important. Our single CameraChip(TM) technology essentially puts complete camera functions on a single chip and allows us to deliver small, simple to integrate solutions to camera manufacturers in the rapidly growing PC, digital still camera and cellular phone camera markets.\“\r\n
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\r\n\“Making the Deloitte & Touche Technology Fast 500 is a testament to a company’s leadership, commitment to technology, and ability to deliver the right solution at the right time,\“ said Mark A. Evans, managing director, Deloitte & Touche Technology, Media & Telecommunications Group. \“With its 90,929 growth rate over five years, OmniVision has proven that its leadership has the vision and determination to succeed, and we at Deloitte & Touche salute their accomplishments.\“\r\n
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\r\nIn addition to ranking on the Deloitte & Touche Technology Fast 500, OmniVision ranked 5th on the Silicon Valley Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in Silicon Valley\r\n
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\r\nFast 500 Selection and Qualifications\r\n
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\r\nThe Fast 500 list is compiled from three sources: Deloitte & Touche’s 20 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, companies must have had 1997 operating revenues of at least $50,000 USD and $75,000 CD, for United States and Canada respectively, must be public or private companies headquartered in North America, and be \“technology companies\“ defined as companies that own proprietary technology that contributes to a significant portion of the company’s operating revenues or devote a high percentage of effort to research and development of technology.\r\n
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\r\nTechnology Fast 500 winners are invited to an exclusive CEO Summit held each spring. The CEO Summit, now in its fifth year, is designed to address the unique business challenges facing these super-charged technology companies.\r\n
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