In the last six months or so, I haven't been able to find many pure- play, domestic technology stocks that have stirred my interest. It isn't for lack of trying; it's that only most of the best speculative investment opportunities have been in Chinese stocks.

One technology company that stands out as an exciting wealth creator is Synchronoss Technologies, Inc. (NASDAQ/SNCR).

Synchronoss is in the communications software business. Based in Bridgewater, New Jersey, this company sells transaction management software to "Tier One" telecommunications providers.

The company's main software product is called "ActivationNow," which helps automate changes in telecom services with telecom customers. This software is designed to help telecommunication companies take orders and perform other customer transactions, as well as create service bundles in an automated fashion. Some of Synchronoss' customers include: AT&T, Cablevision Systems Corporation, Cingular Wireless, Level 3 Communications, Time Warner Cable, Verizon Business Solutions, and Vonage.

In its third quarter of 2007, the company's revenues grew 82% to more than thirty-four million dollars. GAAP net income was $8.0 million, or $0.24 per diluted share, as compared to GAAP net income of $3.1 million, or $0.10 per diluted share, representing growth of 158%.

Recently, Synchronoss was selected by Sprint Nextel to provide order management services in support of its consumer wireless business.

Synchronoss is an exciting, mid-cap, technology growth stock. In a market where China stocks are generating some of the fastest growth, it's nice to find an exciting growth company much closer to home.

Synchronoss is a company that's worth keeping an eye on. Right now, the company is in its "sweet" spot. Revenues and earnings are growing solidly, the stock is doing great, and there's growing institutional interest in the story.

On almost all occasions, you do have to pay handsomely for a growth stock, but then again, who wants to own a company that isn't growing at all?