FREMONT, California, November 17, 1998 - Tyan® Computer Corp. has been named to Deloitte & Touche's prestigious "Fast 500" Program, a ranking of the 500 fastest growing technology companies in the U.S. Rankings are based on five-year percentage growth in revenues from 1993-1997.
Tyan's CEO Symon Chang credits the company's rapid growth to its commitment to creating high-quality, technically advanced system boards. He noted Tyan has been named to the INC 500 as one of the fastest growing privately held companies in the U.S. by INC magazine for two consecutive years.
Today, there are more than 22,000 high technology companies in the United States, many of whom are competing for the same markets here in the states and worldwide. The Fast 500 winners have proven that they can compete successfully by consistently delivering technological wonders. We at Deloitte & Touche commend Tyan for having the vision and determination to become one of the 500 fastest-growing technology companies in the U.S.," noted Mark Evans, Managing Director of Deloitte & Touche High Technology Industry Group.
Tyan recorded an increase in revenues of 1,422 percent over the five-year period of 1993 to 1997 to secure its position on the Technology Fast 500. The average increase in revenues among companies who made the Fast 500 was 2,958 percent.
To qualify for the Fast 500, companies must have had revenues of at least $50,000 in 1993, must be headquartered in the United States; and be "technology companies" defined as companies that produce technology, manufacture a technology product, are technologically intensive, use technology in problem solving, or devote a high percentage of effort to research and development of technology.
About Deloitte & Touche
Deloitte & Touche, one of the nation's leading professional services firms, provides accounting and auditing, tax, and management consulting services through 23,000 people in offices in over 100 U.S. cities. Deloitte & Touche is part of Deloitte & Touche Tohmatsu, a global leader in professional services with more than 72,000 people in over 125 countries. For more information on the Deloitte & Touche Technology Fast 500 program, visit the web site at www.us.deloitte.com/fast500 . http://www.tyan.com.
For further information about Tyan or any of its products, contact the company at 3288 Laurelview Court, Fremont, CA, 94538; call (510)-651-8868; or fax (510)-651-7688. Visit the company's web site at