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Hybrid Networks Ranked No. 476 on
Deloitte & Touche Technology Fast 500
SAN JOSE, Calif., Nov. 15, 2001 –
Hybrid Networks Inc. (Nasdaq: HYBR),
the worldwide
leader in MMDS fixed broadband wireless Internet-access systems, today
announced that it is ranked No. 476 on the 2001 Deloitte & Touche Technology
Fast 500, a ranking of the 500 fastest-growing technology companies in
North America. Rankings are based on five-year percentage revenue growth from
1996-2000. Hybrid Networks grew 910 percent during this period.
“Because the Deloitte & Touche
Technology Fast 500 measures sustained
revenue growth
over five years, being one of the 500 fastest growing technology companies
in North America is an impressive accomplishment,” said Mark A. Evans,
managing director of Deloitte & Touche's Technology & Communications Group.
“We are proud to honor Hybrid Networks as a Deloitte & Touche Technology
Fast 500 winner.”
Fast 500 Selection and Qualifications
The Fast 500 list is compiled from
three sources: winners of Deloitte & Touche's 22
regional North American Fast 50 programs, nominations submitted directly
to the Fast 500 and public company database research. To qualify for the
Fast 500, entrants must have had 1996 revenues of at least $50,000 USD and $75,000
CD for the United States and Canada, respectively. Entrants are public or
private companies headquartered in North America and must be a “technology company,”
defined as a company that develops proprietary technology which contributes
to a significant portion of the company's operating revenues, manufactures
a technology-related product, or devotes 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
assurance and advisory, tax and management consulting services through 30,000
people in more than 100 U.S. cities. Deloitte & Touche is part of Deloitte
Touche Tomatsu, a global leader in professional services with more than
90,000 people in over 130 countries. For more
information, please visit Deloitte & Touche's web site at www.us.deloitte.com
.
For more information on the Deloitte &
Touche Technology Fast 500 or
Technology Fast
50 programs, visit www.fast500.com.
About Hybrid Networks
Headquartered in San Jose, Calif., Hybrid Networks Inc.
designs, develops,
manufactures and markets fixed
broadband wireless systems that enable telecommunications
companies, wireless systems operators and network providers
to offer high-speed Internet access to businesses and
residences. Hybrid was first to
market with patented two-way wireless products that focus on the MMDS
and WCS spectrum in the United States. Hybrid's customers
include the nation's largest MMDS
spectrum holders as well as several system integrators and regional
ISPs. With systems in use in 75 markets across six continents, Hybrid
is part of more fixed broadband wireless deployments than all of
its competitors combined. For more information, call
(408) 323-6252 or visit www.hybrid.com
.
# # #
CONTACT
S:
Tracy Ireland
Hybrid Networks
(408) 323-6252
Vivian Rudd Myrtetus or Yvette
Sterbenk
Thorp & Company
(305) 446-2700
FINANCIAL MEDIA CONTACT:
Haris Tajyar
FRB/BSMG Worldwide
(310) 996-7462