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Press Release - 14 October, 2004

AeA Hands Out High-tech Honors to Seven San Diego Companies

UNION-TRIBUNE STAFF WRITER

Seven San Diego technology companies netted honors yesterday at the 11th annual San Diego High Tech Awards presented by the AeA, the industry association formerly known as the American Electronics Association.

Winners ranged from semiconductor distributor Memec, with $1 billion in sales, to network hardware maker Tarari, with less than $5 million in sales. About 500 people attended the awards event at the Hilton Torrey Pines in La Jolla.

The AeA handed out honors in several categories. Tarari won in the Emerging Growth group. Founded by former executives of IPivot, which was acquired by Intel for $500 million about in 1999, Tarari makes content processors that relieve Internet traffic bottlenecks on networks.

The 40-employee company has raised more than $28 million in venture capital and expects to be profitable by 2005, said Liz Fraumann, director of marketing.

Kintera, a publicly traded firm that makes software for nonprofit organizations, took the top honor in the Software/Internet category. Memec, which has filed documents with federal regulators for an initial public stock sale, took home the award in the Technology Services group.

Other winners were: Driving monitor DriveCam Systems, network technology provider Path 1 Networks, chip developer Peregrine Semiconductor and medical device maker Digirad Corp.

Finalists for the awards, by industry, were:

  • Software/Internet: Active Network, BakBone Software, Captiva Software, DivXNetworks and St. Bernard Software.
  • Computer: cVideo, Verari Systems and Streamload.
  • Communications Products: HM Electronics, ITech and Wireless Facilities.
  • Technology/Services: Maxim Systems and Technology Integration Group.
  • Semiconductors/Instrumentation: Elgar, Figure 8 Wireless and Hardy Instruments.
  • Medical Devices: Accelrys, IntraLuminal Therapeutics and Resmed.
  • Emerging Growth: Akonix Systems, MIR 3, V-enable and Vektrex Electronics.

For more information please contact:

Melissa Ford

(858) 558-8282

sales@vektrex.com

 

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