Color Kinetics Inc has been named a ‘Rising Star’ as part of the New England Technology Fast 50 Program, an annual ranking of the fastest-growing technology companies in the area presented by Deloitte & Touche and Hale and Dorr LLP. Rising Star rankings are based on the percentage of growth in revenues over a three-year period (1998-2000) and Color Kinetics has experienced exceptional growth since its inception in late 1997. Ten companies are named annually as Rising Stars on their way to becoming New England Technology Fast 50 companies in the future. To qualify, companies must have had operating revenues of at least $50,000 in 1998 and $1,000,000 in 2000 and must produce technology, manufacture a technology product or devote a high percentage of effort to research and development of technology. Winners of the 22 regional Fast 50 programs and Rising Star categories in the United States and Canada are automatically entered in the Deloitte & Touche Technology Fast 500 program, ranking North America’s top 500 fastest growing technology companies. Rankings for these and Rising Star winners will be announced on September 11.
