San Jose, CA--September 26, 1996--The second annual Silicon Valley Technology Fast 50 has ranked Information Storage Devices Inc. (ISD; San Jose, CA) the third fastest growing technology company in the Silicon Valley.
Sponsored by Deloitte & Touche LLP, the Nasdaq Stock Market, and Joint Venture: Silicon Valley Network, the Fast 50 honors the fastest growing technology companies in Silicon Valley based on revenue growth over the past five years. Over that time period ISD's annual revenue grew from $294,000 in 1991 to nearly $55.5 million in 1995. Revenues for the first half of 1996 were $23.52 million compared to revenues of $27.24 million for the first half of 1995.
Earlier this year, the seventeenth annual edition of the "Inc. 100" ranked ISD the third fastest growing small public company in America based on revenues from 1991 to 1995.
ISD's patented ChipCorder technology enables a single-chip solution for voice recording and playback in a variety of consumer communications and industrial applications. It uses a proprietary "multilevel" storage methodology in which one of more than 250 distinct voltage levels are precisely stored per memory cell.
ChipCorder technology enables voice and audio signals to be stored directly in their natural form into nonvolatile EEPROM memory cells, eliminating the need for external A/D and D/A circuits. This delivers a single-chip, solid-state solution that requires no software.
2045 Hamilton Ave.
San Jose, CA 95125
Fax: (408) 369-2422
Return to Headlines