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No. 515 Blue Wave Micro Aliso Viejo, CA

	Year	2008
	Industry	IT Services
	Founded	2000
	Growth	616.0%
	2004 Revenue	$851,876
	2007 Revenue	$6.1 million
	Employees	17
	Website	www.bluewavemicro.com

What it does:
This value-added reseller of computer hardware and software services companies of all sizes.

Why it's growing:
When the new vice president of sales, Paul Benson, came aboard in 2004, he helped the company diversify its product line and reach out to new customers.

What's noteworthy:
Blue Wave followed former GE CEO Jack Welch's philosophy of cutting the "bottom 20," which refers to the lowest performing percentage of staff.