FREMONT, CA--(Marketwired - Nov 14, 2013) - Today DCG Systems, Inc.®, the leading supplier of electrical fault characterization, localization and editing equipment, today announced it ranked tenth among semiconductor companies and 258th overall on Deloitte's Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. DCG Systems grew nearly 350 percent during this period.
DCG Systems's chief executive officer, Israel Niv, Ph.D., credits technology leadership and breadth of product portfolio for the company's nearly 350% revenue growth. He said, "Addressing the yield challenges of leading-edge chip manufacturers has driven adoption of our systems and ensured DCG's high market share worldwide. Our systems also support the growing trend for fabless semiconductor manufacturing by allowing measurements to be made in-house by the chip designers and by the foundries, enabling each to protect their intellectual property."
"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."
Overall, 2013 Technology Fast 500™ companies achieved revenue growth ranging from 137 percent to 208,897 percent from 2008 to 2012, with an average growth of 2,600 percent.
About Deloitte's 2013 Technology Fast 500™
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.
About DCG Systems
DCG Systems, Inc. is the industry's leading supplier of electrical fault characterization, localization and editing equipment, serving process development, yield ramp and failure analysis applications for a wide range of semiconductor and industrial manufacturers. With more than 1500 systems deployed worldwide, DCG Systems serves customers worldwide from its headquarters in Fremont, California and field offices in the United States, Japan, Taiwan, Korea, Malaysia, Singapore, Israel and Germany. For more information about DCG Systems, visit www.dcgsystems.com