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BREAKING NEWS

Raydiance named among top private tech companies

PETALUMA, May 29, 2008 – Raydiance Inc. has been recognized as a Red Herring 100 North America winner, an award given to the top 100 private technology companies based in North America. The company is also a finalist in the Most Innovative Company category in the 2008 Stevie American Business Awards.

Raydiance, with operations in Petaluma and Orlando, Fla., is the developer of a compact, cost-effective and fully software-controlled ultra-short pulse laser that can precisely vaporize virtually any material without generating heat. The technology is used by research centers to develop applications in the medical, military and materials-assaying industries, among others.

"We are thrilled to be recognized as a successful, innovative, fast-growth company by these two prestigious groups," said Raydiance CEO Mel Engle. "This recognition is a strong testament to the entrepreneurial vision, hard work and achievement of Raydiance's engineers, scientists and management team."

Raydiance employs 44 in Petaluma, 16 in Orlando. It plans to add 20 to the Petaluma staff before the end of the year.



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