Finisar Named One of Silicon Valley's Fastest Growing Technology Companies in Deloitte & Touche's 'Fast 50' Program
1,222 Percent Revenue Growth Driven by Technical Advances in Breakthrough Fiber Optic ProductsSUNNYVALE, Calif.--(BUSINESS WIRE)--Sept. 28, 2000-- Finisar Corporation (Nasdaq:FNSR) has been named to Deloitte & Touche's prestigious "Silicon Valley Technology Fast 50" Program, a ranking of the 50 fastest growing technology companies in the area. Rankings are based on the percentage growth in revenues over the five-year period from 1995 to 1999. Finisar's revenues increased 1,222 percent during this period.
Jerry Rawls, President and CEO of Finisar stated, "We are extremely proud of our record as a leading producer of fiber optic subsystems and network performance test systems for the data communications industry. Our achievement is due to both the success of our customers and the wonderful efforts of the people who work here."
"Today, there are more than 22,000 technology companies in the United States. The Fast 50 winners for Silicon Valley have proven that they are among the best at consistently delivering technological excellence. We at Deloitte & Touche commend Finisar for having the vision and determination to become one of the 50 fastest growing technology companies in Silicon Valley," said Roy Avondet, Partner -- Technology & Communications, Deloitte & Touche, San Jose, CA.
Finisar Corporation (Nasdaq:FNSR) is a leading provider of fiber optic subsystems and network performance test systems which enable high-speed data communications over Gigabit Ethernet local area networks (LANs), Fibre Channel storage area networks (SANs), metropolitan data network applications (MANs), and CATV. The Company is focused on the application of digital fiber optics to provide a broad line of high-performance, reliable, value-added optical subsystems for networking, storage and telecommunications equipment manufacturers. The Company's headquarters are located at 1308 Moffett Park Drive, Sunnyvale, CA 94089. For more information, visit the Company's web site at http://www.finisar.com.