IMPCO Named One of Los Angeles' Fastest Growing Technology Companies
4 August 2000
Attributes Strong Market Position Within the Expanding Alternative Fuel Industry to Its 21.6 Percent Revenue GrowthCERRITOS, Calif. - IMPCO Technologies, Inc. has been named to Deloitte & Touche's prestigious "Los Angeles Technology Fast 50" program, a ranking of the 50 fastest growing companies in Los Angeles, Riverside, Santa Barbara, San Bernardino, and Ventura counties. Rankings are based on the percentage of growth in revenues from 1995-1999 (IMPCO's fiscal year 1996-2000). Mr. Robert Stemmler, Chairman and Chief Executive Officer of IMPCO Technologies said, "We are very pleased to be recognized by Deloitte & Touche as one of the fastest growing technology companies in Los Angeles. The growth of IMPCO and the Alternate Fuels Industry is expanding as projected. The acceptance of our new generation fuel metering, electronic control and fuel storage products in the Fuel Cell Industry has also generated new business in this rapidly emerging market, which will further accelerate our business growth." "Today, there are more than 22,000 high technology companies in the United States, many of whom are competing for the same markets here in the states and worldwide. The Fast 50 winners for Los Angeles have proven that they can compete successfully by consistently delivering technological wonders. We at Deloitte & Touche commend IMPCO Technologies, Inc. for having the vision and determination to become one of the 50 fastest-growing technology companies in Los Angeles," said Mr. Gary Dickey, Partner, Los Angeles High Technology Group, for Deloitte & Touche. To qualify for the Los Angeles Technology Fast 50, companies must be in business for a minimum of five years; must not be a subsidiary or division; must have 1995 revenues of at least $50,000 and 1999 revenues of $1,000,000 or more; must be considered a technology company, which is defined as producing technology. Manufacturing a technology related product, being technologically intensive or using technology in problem solving, or devoting a high percentage of effort to research and development of technology; must be headquarter in Los Angeles, Riverside, Santa Barbara, San Bernardino, and Ventura counties. Winners of the 19 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 500 or Fast 500 programs, visit the web site at http://www.fast50.com. IMPCO is a leading designer, manufacturer and supplier of advanced fuel storage, fuel delivery and electronic control systems that allow internal combustion engines and fuel cells to operate using clean fuels such as hydrogen, propane, natural gas and methanol. IMPCO designs these systems to optimize the efficiency and performance by electronically sensing and regulating the proper proportion of fuel and air used by internal combustion engines and fuel cell systems. IMPCO supplies its products and fuel system integration to original equipment manufacturers of motor vehicles, trucks, buses, forklifts, material handling equipment and small portable to large stationary engines. IMPCO also supplies these products and services to the global aftermarket as well. Headquartered in Cerritos, California, the company has more than 400 dealers/ distributors and 17 offices / facilities worldwide including: United States, Australia, Japan and Mexico. It operates in the Netherlands, France, Germany and the United Kingdom as IMPCO-BERU Technologies, B.V.