NVIDIA Is Named One of Silicon Valley's Fastest-Growing Technology Companies
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For Immediate Release
SANTA CLARA, CA — September 22, 2000 — NVIDIA® Corporation (Nasdaq: NVDA) today announced that the company has been named to Deloitte & Touche's prestigious "Fast 50" Program for Silicon Valley, a ranking of the 50 fastest-growing technology companies in the area. Rankings are based on the percentage of growth in revenues during the five-year period from 1995 to 1999.
NVIDIA's co-founder, president, and CEO, Jen-Hsun Huang, credits the company's impressive revenue growth over the past five years to NVIDIA's extraordinary people, commitment to build a great company, and intense focus on excellence. Huang states, "We are extremely proud of this recognition. Being one of the 50 fastest-growing companies in Silicon Valley underscores our focus and drive to be one of the most influential technology companies in the world."
"Today, there are more than 22,000 technology companies in the United States, many of whom are going after the same domestic and worldwide markets. The Fast 50 winners for Silicon Valley have proven that they can compete successfully by consistently delivering technological wonders. We at Deloitte & Touche commend NVIDIA for having the vision and determination to become one of the 50 fastest-growing technology companies in Silicon Valley," says Roy Avondet, partner in charge of Technology & Communications for Northern California, at Deloitte & Touche in San Jose, CA.
To qualify for the Fast 50, companies must have had operating revenues of at least $50,000 in 1995 and $1,000,000 in 1999, must be public or private companies headquartered in Silicon Valley, and be "technology companies" defined as companies that produce technology, manufacture a technology product, or devote a high percentage of effort to research and development of technology.
Winners of the 21 regional Fast 50 programs in the United States are automatically entered in the Deloitte & Touche Technology Fast 500 program, which ranks the nation's top 500 fastest-growing technology companies. For more information on the Deloitte & Touche Fast 50 or Fast 500 programs, visit www.fast500.com.
About Deloitte & Touche
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Certain statements in this press release, including the statements relating to the Company's performance expectations for NVIDIA's family of products and expectations of continued revenue growth, are forward-looking statements that are subject to risks and uncertainties that could cause results to be materially different than expectations. Such risks and uncertainties include, but are not limited to, manufacturing and other delays relating to new products, difficulties in the fabrication process and dependence of the Company on third-party manufacturers, general industry trends including cyclical trends in the PC and semiconductor industries, the impact of competitive products and pricing alternatives, market acceptance of the Company's new products, and the Company's dependence on third-party developers and publishers. Investors are advised to read the Company's Annual Report on Form 10-K and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission, particularly those sections entitled "Factors Affecting Operating Results," for a fuller discussion of these and other risks and uncertainties.
Notes to Editors: GeForce2 Ultra, GeForce 256, GeForce2 GTS, and GeForce2 MX should be written as shown, with an uppercase "G" and "F", with a lowercase "e" and a lowercase "orce." There is no space between "GeForce" and "2" for GeForce2 Ultra, GeForce2 GTS, and GeForce2 MX. There is a space before "Ultra," "GTS," "MX," and "256." The word "Ultra" is in titlecase. "MX" and "GTS" are in ALL CAPITALS. The recommended format for Vanta and Quadro is title case. Quadro2 Pro and Quadro2 MXR should be written as shown; there is no space between "Quadro" and "2." There is a space before "MXR" and it is in ALL CAPITALS. The recommended format for NVIDIA, NVIDIA TNT2, NVIDIA TNT, RIVA 128, and RIVA 128ZX and is ALL CAPITALS.
NVIDIA, the NVIDIA logo, GeForce, GeForce2 Ultra, GeForce2 MX, GeForce2 GTS, GeForce 256, Quadro2, NVIDIA Quadro2, Quadro2 Pro, Quadro2 MXR, Quadro, NVIDIA Quadro, Vanta, NVIDIA Vanta, TNT2, NVIDIA TNT2, TNT, NVIDIA TNT, NVIDIA RIVA, RIVA, NVIDIA RIVA 128ZX, and NVIDIA RIVA 128 are registered trademarks or trademarks of NVIDIA Corporation in the United States and/or other countries. Other company and product names may be trademarks or registered trademarks of the respective owners with which they are associated.