571% Five-Year Revenue Growth Rate Places Information Advantage on the Minnesota Technology Fast 50.EDEN PRAIRIE Eden Prairie A city of eastern Minnesota, a residential suburb of Minneapolis. Population: 57,300. , Minn.--(BUSINESS WIRE)--Oct. 16, 1998-- Deloitte & Touche Award Recognizes Rapidly Growing Technology Companies by Specifically Focusing on Revenue Growth Information Advantage Inc. (Nasdaq: IACO IACO International Association of Correctional Officers IACO International Aid and Cooperation Organization IACO Integration, Assembly and Checkout IACO Integration and Checkout Operations IACO International Aviation Consulting ), a leading provider of Web-based business intelligence software, today announced that it has been named to the Minnesota Technology Fast 50, an awards program recognizing rapidly growing companies headquartered in Minnesota. Sponsored by Deloitte & Touche, Corporate Report magazine, Dorsey & Whitney, and Piper Jaffray Piper Jaffray & Co. (NYSE: PJC), often shortened to just Piper Jaffray or PiperJaffray, is a U.S. middle-market investment banking firm based in Minneapolis, Minnesota and is a focused on delivering financial advice, investment products and transaction execution , this award programs focuses specifically on a company's five-year revenue growth -- 1997 compared to 1993. To qualify for the award companies had to produce technology or manufacture a technology-related product, be headquartered in Minnesota, have revenues over $50,000, and have experienced a rapid rate of growth during the past five years. "Within the past five years, both Information Advantage and the Business Intelligence marketplace have grown substantially. This growth was driven by a number of factors, primarily the emergence of the Web as a key business vehicle for accessing and delivering corporate intelligence, and the wide-spread pursuit by management to develop its intellectual capital with information," commented Larry Ford, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Information Advantage. "We are pleased to be recognized by the leaders in our region as one of its fastest growing technology companies." About Information Advantage Information Advantage Inc. (Nasdaq: IACO) is a leading provider of Business Intelligence solutions that are designed to accelerate and improve the decision making of all knowledge workers. Its DecisionSuite Eureka! is the first Web portal See portal. to Business Intelligence to apply the same visualization Using the computer to convert data into picture form. The most basic visualization is that of turning transaction data and summary information into charts and graphs. Visualization is used in computer-aided design (CAD) to render screen images into 3D models that can be viewed from all , navigation, agent, delivery and search principles popularized by consumer Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the portals, such as Yahoo! and AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. , to all secure corporate business intelligence information. The company has over 450 professionals, 27 offices worldwide, and products licensed to over 1.7 million individuals. For more information, contact Information Advantage at 612/833-3700. DecisionSuite, DecisionSuite Server, DecisionSuite Eureka!, MyEureka!, Eureka!Server, Eureka!Workbench, and WebOLAP are trademarks or registered trademarks of Information Advantage, Inc. Other products are trademarks or registered trademarks of their respective holders and should be treated as such. |
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