California Business Minute™

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Hi, I am Tim Johnson and welcome to the California Business Minute.

California’s business climate has received high marks innovation.  One area of
innovation has been in telecommunications. The following illustrates some of the
fastest growing telecom companies in the state.

Vizio
Irvine, California-based Vizio has grown 1,313 percent since its inception in 2002.
Vizio specializes in manufacturing consumer electronics, especially high definition
TVs, flat-screen displays, and wireless audio equipment. While the company primarily
makes LCD HDTV’s it expanded its business in 2011 by releasing new products such as
a Smartphone and table reader.

Xirrus
Thousand Oaks, California-based Xirrus manufactures a Wi-Fi Array, used to securely
deliver data, voice and video capabilities. It is an industry competitor of wired
Ethernet to the desktop. While the company was founded in 2004, it achieved a three-
year growth rate of 3214 percent from 2007-09 and revenue of $26.6 million in 2009.

Hometown Telecom
Beverly Hills, California-based Hometown Telecom is an international telecommunications
carrier specializing in low-cost, high-quality international long distance plans in the
U.S., India, United Kingdom and Australia. The company offers consumer services, such
as free calls using VoIP technologies and conference calling by partnering with global
carriers and mobile operators. The company was founded in 2006 and shortly after saw a
three-year growth rate of 2948 percent and revenue of $7.7 million in 2009.

VOX Network Solutions
San Francisco, California-based VOX Network Solutions is a provider of converged voice
and data solutions and services that enhance and support business communications.
Services offered include planning and design, installation, maintenance, IP telephony,
unified communications, and wireless and mobile services. The company was founded in
2006 and achieved a three-year growth rate of 1736 percent and revenue of $10 million
in 2009.

Phylogy
Santa Clara, California-based Phylogy produces advanced telecommunications equipment
that allows the global delivery of triple play-capable broadband signals over copper
DSL. The company began in 2006 saw a three-year growth rate of 1261 percent and revenue
of $2.5 million in 2009.

I am Tim Johnson and this has been the California Business Minute.