SAN JOSE, Calif. – Nov. 18, 2002 — GDA Technologies, Inc., a fast growing supplier of Electronic Design Services (EDS), today announced that it has been ranked #284 on the 2002 Inc 500 list of the fastest growing companies in America by Inc magazine.
Inc magazine unveiled the Inc 500 list in their October 15, 2002 issue and online at http://www.inc.com. Inc 500 companies are selected based on private ownership, exponential growth for the past 5 years, minimum 5-year operating history that included increase in 2001 sales over 2000, and sales of at least $200,000 in 1997. The rankings are based on a company’s percentage increase in sales from 1997 through 2001. Companies that have made this list in the past include some of today’s leading Fortune 500 companies.
GDA achieved its rapid growth of 811% from 1997-2001 without outside investment and has proved to be a leader in providing to its customers diversified range of electronic design services in a cost effective and time to market environment.
GDA offers system, ASIC/FPGA, SOC and board design services for companies in broadband networking, appliances, server farm, wireless and high-end embedded computing space. Apart from design services, GDA proactively builds emerging technology soft core IP for integration into ASIC/FPGA product development for customer-specific solutions. GDA Technologies is the only company in the electronic design services arena to feature on this list.
"GDA is thankful to its customers and partners, who have supported GDA over the years and continue to do so. In this economic climate, repeat customer engagement is one of the primary reasons for the hyper-growth that GDA is able to sustain. GDA provides value by enhancing customers’ technology offering, combining it with GDA’s proven design flow and methodology, thereby fostering a long term product development partnership," said A.G. Karunakaran, President of GDA Technologies, Inc.
GDA has over 6 years of expertise and over 150 engineers worldwide to resolve challenges posed by high speed communications system design, high density FPGA and IC design, and the varied needs of embedded firmware and device driver development. By offering these services under one roof, along with its suite of IP cores, some of which include a Hyper-transport, a 10G MAC and a SPI4 core, GDA allows customers to maximize their return on investment, by reducing cost and shortening their time to market cycle.
About GDA Technologies, Inc.
GDA Technologies, Inc. is a leading design services company specializing in embedded, networking and consumer electronic designs. GDA is focused on designing Systems, Boards, SOCs, ASICs, FPGAs and IPs from concept to product. GDA has successfully developed products in areas of Networking, Digital Video, Internet Appliances and Hand Held Solutions. GDA is headquartered in San Jose, CA and has satellite design centers in Sacramento, Boston, Chennai and Bangalore. GDA’s web site is at http://www.gdatech.com.
About Inc magazine
Founded in 1979, Boston-based Inc magazine is owned by Gruner + Jahr USA, one of the top-ranked magazine publishers in the U.S., reaching one of the largest readerships in America. In addition to Inc, Gruner + Jahr USA publishes, Child, Family Circle, Fast Company, Fitness, Parents, and YM. G+J USA is 25.1% owned by the Jahr Group and 74.9% owned by Bertelsmann AG, the largest privately held and the fifth largest media company overall in the world with yearly revenues at $17.86 billion. The premier magazine for growing companies may be accessed online at http://www.inc.com
All names mentioned are trademarks of their respective companies.
For more information, contact
Deepika Sarai
GDA Technologies, Inc.
(408) 467 3514
GDA Technologies, Inc.
2071 Junction Avenue,
San Jose, CA – 95131
Phone: (408) 432 3090
Fax: (408) 432 3091
http://www.gdatech.com
