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          Front Page




The Flying 40: Inner Strength


   
   
   
   
Journal Staff Report
       The New Mexico Technology Flying 40, now in its seventh year, was compiled by KPMG LLP from applications submitted last year by the companies.
    The list is meant to recognize some of New Mexico's fastest-growing companies in the technology sector. Companies are ranked according to current revenues and percentage growth in revenue.
    As there were last year, there are three categories: companies with revenues of more than $20 million, companies with revenues between $10 million and $20 million, and companies with revenues under $10 million.
    Companies with revenues of more than $20 million are at the top of the list, with KPMG ranking them simply by the revenues recorded during fiscal year 2003.
    For companies with revenues between $10 million and $20 million, the Flying 40's midsection, KPMG ranks them by percentage growth.
    A new category, the Falcon Award, was introduced this year to recognize technology companies demonstrating outstanding growth potential.
    Companies were asked to submit applications for the Flying 40 by this year's sponsors: Technology Ventures Corp., KPMG, and New Mexico Bank & Trust.
    The companies will be recognized at a Wednesday luncheon at the Albuquerque Hilton.
    The Albuquerque Journal is the media sponsor. Information about each company is given in this order:

    Company
    Address (in Albuquerque unless otherwise noted)
    Current employees
    Base year revenue
    Base year
    Current year revenue
    Current year
    Growth period in years
    Cumulative growth %

    TOP 10 REVENUE COMPANIES:
    1 Applied Research Associates, Inc. 4300 San Mateo Blvd. NE Suite A-220 875 $58,624,861 9/30/99 $120,000,000 9/30/03 4 105
    2 SBS Technologies, Inc. 2400 Louisiana Blvd. NE AFC Bldg 5 417 $105,999,000 6/30/99 $115,521,000 6/30/03 4 9
    3 EMCORE 1600 Eubank Blvd. SE 235 $58,341,000 9/30/99 $113,106,000 9/30/03 4 94
    4 Schafer Corporation 2309 Renard Place Se Suite 300 385 $56,300,000 12/31/99 $77,300,000 12/31/03 4 37
    5 Abba Technologies, Inc. 1501 San Pedro Drive NE 30 $18,311,242 12/31/99 $48,207,571 12/31/03 4 163
    6 Ktech Corporation 1300 Eubank Blvd. SE 367 $22,500,000 12/31/99 $35,000,000 12/31/03 4 56
    7 CVI Laser LLC 200 Dorado Pl SE 211 $23,014,449 12/31/99 $26,837,887 12/31/03 4 17
    8 Holman's Inc 6201 Jefferson St. NE 60 $23,043,000 10/31/99 $21,915,000 10/31/03 4 -5
    9 Lectrosonics, Inc 581 Laser Rd. NE, Rio Rancho 130 $13,136,519 12/31/99 $17,103,973 12/31/03 4 30
    10 Network Architechs Corp 1720 Louisiana NE Suite 301 24 $10,200,000 12/31/01 $14,600,000 12/31/03 2 43
   
    HIGHEST REVENUE GROWTH - ALL COMPANIES
   
    1 Digital Traffic Systems 3813 Academy Parkway South NE 40 $10,000 12/31/99 $4,428,000 12/31/03 4 44180
    TOP GROWTH FOR REVENUES MORE THAN $10 million (* an asterisk denotes recipient also in Top 10 Revenue Companies)
    1 Technology Management Company 2500 Louisiana NE Suite 513 125 $4,390,937 12/31/99 $11,896,919 12/31/03 4 171
    2 HYTEC, Inc 110 Eastgate Drive, Los Alamos 46 $3,836,000 3/31/00 $10,300,000 3/31/04 4 169
    3* Abba Technologies, Inc. 1501 San Pedro Drive NE 30 $18,311,242 12/31/99 $48,207,571 12/31/03 4 163
    4* Applied Research Associates, Inc. 4300 San Mateo Blvd. NE Suite A-220 875 $58,624,861 9/30/99 $120,000,000 9/30/03 4 105
    5* EMCORE 1600 Eubank Blvd. SE 235 $58,341,000 9/30/99 $113,106,000 9/30/03 4 94
    6* Ktech Corporation 1300 Eubank Blvd. SE 367 $22,500,000 12/31/99 $35,000,000 12/31/03 4 56
    7* Network Architechs Corp. 1720 Louisiana NE Suite 301 24 $10,200,000 12/31/01 $14,600,000 12/31/03 2 43
    8* Schafer Corporation 2309 Renard Place Se Suite 300 385 $56,300,000 12/31/99 $77,300,000 12/31/03 4 37
    9* Lectrosonics, Inc. 581 Laser Rd. NE, Rio Rancho 130 $13,136,519 12/31/99 $17,103,973 12/31/03 4 30
    10* CVI Laser LLC 200 Dorado Pl SE 211 $23,014,449 12/31/99 $26,837,887 12/31/03 4 17
    11* SBS Technologies, Inc. 2400 Louisiana Blvd. NE AFC Bldg 5 417 $105,999,000 6/30/99 $115,521,000 6/30/03 4 9

    TOP GROWTH FOR REVENUES LESS THAN $10 MILLION
    1 SAMBA Holdings. Inc. 1730 Montano Rd. NW Suite F 26 $211,802 12/31/99 $2,686,799 12/31/03 4 1169
    2 POD, Inc. 5971 Jefferson NE Suite 101 40 $700,000 12/31/99 $5,600,000 12/31/03 4 700
    3 Star Cryoelectronics, LLC 25 A-Bisbee Court Suite A,Santa Fe 6 $152,557 12/31/99 $1,117,000 12/31/03 4 632
    4 Optical Insights, LLC 1807 2nd Street Suite 100, Santa Fe 8 $241,688 12/31/99 $1,749,124 12/31/03 4 624
    5 Sandia Aerospace 5445 Edith NE Suite 1 11 $350,000 12/31/99 $2,520,000 12/31/03 4 620
    6 TMC Design Corporation 4325 Del Rey Blvd., Las Cruces 45 $1,254,162 12/31/99 $7,250,130 12/31/03 4 478
    7 Intellite, Inc. 1717 Louisiana Blvd. NE Suite 202 13 $295,491 12/31/00 $1,434,802 12/31/03 3 386
    8 PhDx Systems, Inc. 1001 University Blvd. SE Suite 103 23 $562,700 12/31/99 $2,535,400 12/31/03 4 351
    9 innovASIC, Inc. 3737 Princeton NE Suite 130 19 $820,000 12/31/99 $3,460,000 12/31/03 4 322
    10 MSI 8300 Corona Loop NE 14 $390,000 12/31/99 $1,241,000 12/31/03 4 218
    11 Team Specialty Products 1400 Eubank SE 60 $2,411,000 12/31/99 $7,531,500 12/31/03 4 212
    12 Omicron Safety &
    Risk Technologies, Inc. 2500 Louisiana Suite 410 28 $1,491,720 12/31/99 $4,243,000 12/31/03 4 184
    13 Energy Control, Inc. 2600 American Road Suite 110, Rio Rancho 40 $2,285,521 12/31/00 $5,660,000 12/31/03 3 148
    14 WaveFront Sciences, Inc. 14810 Central Ave. SE 32 $1,480,000 8/30/99 $2,960,000 8/30/03 4 100
    15 Quasar International, Inc. 5550 Midway Park Place NE 25 $1,605,833 12/31/99 $3,056,263 12/31/03 4 90
    16 Meso Systems Technology, Inc. 1001 Menaul Blvd. NE Suite A 25 $2,412,999 12/31/99 $4,468,500 12/31/03 4 85
    17 MIOX Corporation 5500 Midway Park Place NE 30 $3,186,984 12/31/99 $5,708,920 12/31/03 4 79
    18 Management Sciences, Inc. 6022 Constitution Ave. NE 14 $1,081,299 9/30/99 $1,905,303 9/30/03 4 76
    19 Software Solutions, Inc. 7500 Jefferson Street NE 44 $3,556,741 12/31/99 $5,918,541 12/21/03 4 66
    20 Adherent Technologies, Inc. 9621 Camino del Sol NE 22 $1,222,000 12/31/99 $2,010,000 12/31/03 4 64
    21 Stolar Horizon, Inc. 848 Clayton Highway, Raton 32 $1,885,599 12/31/99 $3,057,000 12/31/03 4 62
    22 Applied Technology Associates 1300 Britt SE 56 $4,395,329 9/30/99 $6,723,730 9/30/03 4 53
    23 Sagebrush Technology, Inc. 5911 Jefferson NE 15 $1,720,000 12/31/99 $2,410,000 12/31/03 4 40
    24 Decade Optical Systems, Inc. 3809 Academy Parkway South NE 13 $4,120,000 12/31/99 $5,620,000 12/31/03 4 36
    25 Computer Corner, Inc. 4700 San Mateo NE 20 $6,149,830 10/31/99 $7,665,481 10/31/03 4 25
    26 MZA Associates Corporation 2021 Girard SE Suite 150 15 $1,665,938 10/31/99 $1,890,384 10/31/03 4 13
    27 Fiore Industries, Inc. 5301 Central Ave. NE Suite 900 75 $6,838,000 12/31/99 $7,530,000 12/31/03 4 10
    Falcon Award Recipients
    1 ZTEC Instruments, Inc. 7715 Tiburon Street NE 9 $464,682 12/31/99 $886,692 12/31/03 4 91
    2 TPL, Inc. 3921 Academy Parkway North NE 76 $7,191,693 12/31/99 $7,735,696 12/31/03 4 8

    Source: KPMG LLP

   

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