Line 6, Inc. Ranked Number 45 in Deloitte's Technology Fast 50 Program for Los Angeles
Line 6, Inc. Ranked Number 45 in Deloitte's Technology Fast 50 Program for Los Angeles
-Attributes product innovation to its 93 Percent Revenue Growth-
CALABASAS, Calif., Oct. 11 /PRNewswire/ -- Line 6, Inc. has been named to Deloitte's prestigious Technology Fast 50 Program for Los Angeles, a ranking of the 50 fastest growing technology, media, telecommunications, and life sciences companies in the area by Deloitte & Touche USA LLP, one of the nation's leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2002-2006.
Line 6's CEO, Mike Muench, credits product innovation, company execution and customer enthusiasm with the company's 93 percent revenue growth from 2002-2006. Muench said, "We are honored to be ranked in the Fast 50 program once again. We strive to deliver innovative new products to the market, allowing our customers to meet their musical aspirations.
Line 6's increase in revenues of 93 percent from 2002 to 2006 resulted in a 45th ranking in the Technology Fast 50 for Los Angeles. Line 6 has been honored on the Fast 50 list in 2006, 2004, 2003, 2002 and 2001.
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006, be headquartered in North America, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify.
Companies from the 16 regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte's Technology Fast 500 program, which ranks North America's top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit http://www.fast500.com/.
About Line 6, Inc.
Incorporated in 1996, Line 6 is a music gear manufacturer dedicated to developing music products to inspire creativity both on the stage and in the studio. Headquartered in Calabasas, California, Line 6 currently has a presence in over 60 countries worldwide with offices in California, China and the United Kingdom. As the pioneer of digital modeling guitar amplifiers, Line 6 has created award-winning products for guitarists, bass players and engineers. For more information visit http://www.line6.com/.
About Deloitte
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Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.
First Call Analyst:
FCMN Contact:
Source: Line 6, Inc.
CONTACT: Krista Shue, Director of Public Relations of Line 6, Inc.,
+1-818-917-6588, kshue@line6.com
Web site: http://www.line6.com/
http://www.fast500.com/
Profile: International Entertainment
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