Attributes 178 Percent Revenue Growth to Technology Differentiation and Strong Execution
CAMPBELL, Calif., November 13, 2013 — IC Manage, Inc., a leader in global design management and IP reuse, today announced it has been selected as one of Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. IC Manage grew 178 percent during this period.
Dean Drako, IC Manage’s president and CEO, credits the company’s breakthrough design and IP management technology, accelerating customer adoption, and focused execution for the company’s growth. Drako said, “We are honored that IC Manage earned a place in Deloitte’s Technology Fast 500. I would like to thank our customers for their continued confidence and rapid deployment of our products across their enterprises.”
“The 2013 Deloitte Technology Fast 500 companies are exemplary cases of those spurring growth in a tough market through innovation,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. “This year’s list is a who’s who of companies behind the most exciting and innovative products and services in the technology space. We congratulate the Fast 500 companies and look forward to what they do next.”
“The fastest growing companies in the US are drivers of constant innovation and operate with the agility to stay ahead of a quickly evolving marketplace, and software, biotech/pharma and internet companies continue to be at the forefront,” added James Atwell, national managing partner of the Emerging Growth Company practice, Deloitte Services LP. “The companies excelling in these sectors have a startup mentality that allows them to be nimble and adapt quickly, which is why they consistently lead the list of fast-growing companies each year.”
Technology Fast 500, conducted by Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2008 to 2012.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating
revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
IC Manage provides high performance design data and IP management solutions for companies to efficiently complete designs across their global enterprises. Design teams using IC Manage improve product quality, designer productivity, and global collaboration, while maximizing their IP reuse. IC Manage customers include Altera, AMD, Broadcom, CSR, Juniper, NVIDIA, Xilinx and other top semiconductor and systems companies. IC Manage is headquartered at 2105 South Bascom Ave., Suite 120, Campbell, CA. For more information visit us at www.icmanage.com.