58 D.C. Area Companies Appear On Deloitte & Touche LLP Technology Fast 500 for 1998; Yurie Systems, Business Impact Systems, Global TeleSystems and Virtualogic Inc. are in Top 20.

SAN JOSE, Calif.--(BUSINESS WIRE)--Nov. 17, 1998--Fifty-eight Washington, D.C.-area companies appear on the Fourth Annual Technology Fast 500 listing announced Tuesday by Deloitte & Touche LLP.

Yurie Systems Inc. of Landover, Md., leads four D.C.-area companies that rank within the top 20 with growth rates exceeding 10,000 percent. Yurie Systems Inc. showed a growth rate of 26,224 percent, nearly double the next D.C.-area company. Comprising the 500 fastest growing technology companies in the United States, the Fast 500 ranking is based on percentage growth in revenue over a five-year period (1993 to 1997).

"The greater Washington, D.C. area comprises 12 percent of the Fast 500 list, indicating that this region has a strong and steadily growing technology base," said Mark A. Evans, managing director of Deloitte & Touche's High Technology Industry Group in San Jose. "Of the 85 Southeastern companies that made the Fast 500, 68 percent (58 of 85) are in the greater D.C. area. The success of the D.C.-area companies contributed greatly to the Southeast region's average 2,521 percent growth from 1993 to 1997."

The four D.C.-area companies with revenue growth over 10,000 percent are:

Yurie Systems, a communications company based in Landover, Md., was ranked Number 8 with a 26,224 percent growth from $194,000 in 1993 to $51,068,000 in 1997;

Business Impact Systems Inc., an information technology services company in Herndon, Va., was ranked Number 13 with a 16,325 percent growth from $52,000 in 1993 to $8,541,000 in 1997;

Global TeleSystems Group Inc., a communications company in McLean, Va., ranked Number 15 with a 14,259 percent increase from $328,000 in 1993 to $47,098,000 in 1997; and

Virtualogic Inc., a software company in Bethesda, Md. ranked Number 19 with a 13,512 percent growth from $73,000 in 1993 to $9,982,000 in 1997.

This is the first time the top four D.C.-area companies have appeared on the Fast 500 list. However, 12 percent of the D.C.-area companies have appeared on the Fast 500 for three consecutive years (1996, 1997 and 1998), and 52 percent have appeared for two consecutive years (1997 and 1998).

The Number 1 company on the Fast 500 is Advanced Fibre Communications, a communications company based in Petaluma, Calif., which showed a 43,103 percent growth from $620,000 in 1993 to $267,858,000 in 1997.

The region's largest Fast 500 company (by revenues), America Online of Dulles, Va., showed a 4,111 percent increase from $40,019,000 in 1993 to $1,685,228,000 in 1997. It is ranked Number 84.

California remains the high-tech capital of the U.S. with 26 percent of the Fast companies. Massachusetts is represented by 11 percent, while Washington State, Virginia and Maryland are tied with 6 percent each.

Software and communications companies comprise nearly three-quarters of the D.C.-area companies to appear on the Fast 500 list. Forty-one percent (24 of 58) of the D.C.-area companies are in the software business, which mirrors the national trend that shows 41 percent of Fast 500 companies nationwide to be software companies. Thirty-one percent (18 of 58) are in communications. The remaining companies are almost evenly split between computers/peripherals, biotechnology, Internet, medical/scientific/technical manufacturing and other related businesses.

A list of the 58 D.C.-area companies on the 1998 Technology Fast 500 follows.

Qualifying Criteria For the Fast 500

To qualify for the Fast 500, entrants must have had revenues of at least $50,000 in 1993 and at least $1,000,000 in 1997. They must be a U.S.-headquartered company developing and/or providing technology products or services.

The Fast 500 is compiled from three sources: winners of Deloitte & Touche's 1998 regional U.S. Fast 50 programs; nominations submitted directly to the Fast 500; and public company database research.

About Deloitte & Touche LLP

Deloitte & Touche LLP, one of the nation's leading professional services firms, provides accounting and auditing, tax, and management consulting services through 23,000 people in offices in more than 100 U.S. cities. Deloitte & Touche LLP is part of Deloitte Touche Tohmatsu, a global leader in professional services with more than 82,000 people in over 130 countries.

NOTE TO EDITORS: For the complete list of Deloitte & Touche LLP Technology Fast 500 winners for 1998, visit the firm's Web site at www.us.deloitte.com/fast500.

Washington D.C. Area Companies On the Deloitte & Touche 1998

Technology Fast 500

The 58 Washington D.C.-area companies on the 1998 Fast 500 listing are listed in order of ranking, based on percentage growth in revenue over a five-year period (1993 to 1997).

Maryland Companies:

No. 8   - Yurie Systems Inc. of Landover - 26,224 percent
No. 19  - Virtualogic Inc. of Bethesda - 13,512 percent
No. 37  - InfroPro Inc. of Silver Spring - 8,903 percent
No. 40  - QSS Group Inc. of Lanham - 8,883 percent(a)
No. 49  - North American Vaccine - 6,779 percent(a)
No. 50  - Ease Technologies Inc. of Columbia - 6,709 percent
No. 59  - Ingenium Corp. of Upper Marlboro - 6,312 percent
No. 82  - Edge Biosystems Inc. of Gaithersburg - 4,159 percent
No. 83  - RABA Technologies Inc. of Columbia - 4,112 percent
No. 92  - Loral Orion Network Systems Inc. of Rockville -
          3,526 percent
No. 148 - Advanced Concepts Inc. of Columbia - 2,126 percent(a)
No. 165 - L&E Associates Inc. of Oxon Hill - 1,836 percent
No. 204 - HealthCare Automation Inc. of Owings Mills - 1,559 percent
No. 208 - Sytel Inc. of Bethesda - 1,537 percent(b)
No. 217 - Antex Biologics Inc. of Gaithersburg - 1,487 percent(a)
No. 242 - iQuest Solutions Inc. of Bethesda - 1,369 percent
No. 261 - Triad Management Systems Inc. of Rockville -
          1,265 percent(a)
No. 270 - Birnham Interpreting Services of Silver Spring -
          1,203 percent
No. 273 - Caelum Research Corp. of Rockville - 1,180 percent(a)
No. 283 - Kimmich Software Systems Inc. of Columbia - 1,128 percent
No. 319 - OTG Software of Bethesda - 975 percent
No. 324 - Force 3 Inc. of Crofton - 962 percent(a)
No. 359 - TRI-COM Computer Services Inc. of Lanham - 836 percent
No. 379 - Sequoia Software Corp. of Columbia - 782 percent(a)
No. 425 - Capitol Hill Software of Lanham - 655 percent(a)
No. 446 - International Data Products Corp. (IDP) of Gaithersburg -
          617 percent(b)
No. 458 - AXENT Technologies Inc. of Rockville - 586 percent
No. 499 - Information Resource Engineering Inc. of Baltimore - 508
          percent

Virginia Companies:

No. 13  - Business Impact Systems Inc. of Herndon - 16,325 percent
No. 15  - Global TeleSystems Group Inc. of McLean - 14,259 percent
No. 55  - InteliData Technologies Corp. of Herndon - 6,564 percent(a)
No. 70  - American Mobile Satellite Corp. of Reston - 5,089 percent
No. 72  - Net 2000 Communications of Vienna - 4,822 percent
No. 79  - Base Technologies Inc. of McLean - 4,330 percent(a)
No. 84  - America Online Inc. of Dulles - 4,111 percent(b)
No. 98  - RS Information Systems Inc. of McLean - 3,395 percent(a)
No. 111 - AC Technologies Inc. of Fairfax - 3,069 percent
No. 113 - Proxicom Inc. of Reston - 3,059 percent(b)
No. 119 - INDUS Corp. of Vienna - 2,876 percent(a)
No. 130 - Vastera of Dulles - 2,528 percent
No. 138 - Cycomm International Inc. of McLean - 2,358 percent
No. 151 - Arrowhead Space & Telecommunications Inc. of Falls Church -
          2,101 percent(a)
No. 159 - Wheat International Communications of Reston -
          1,954 percent(b)
No. 167 - Keiter Stephens Computer Services of Glen Allen -
          1,833 percent(a)
No. 170 - ITS Services Inc. of Springfield - 1,828 percent(a)
No. 172 - 3-G International Inc. of Springfield - 1,818 percent(a)
No. 244 - TranTech Inc. of Alexandria - 1,333 percent(a)
No. 255 - Nextel Communications of McLean - 1,294 percent(a)
No. 272 - DataFocus Inc. of Fairfax - 1,184 percent(b)
No. 314 - CommSite International Inc. of Vienna - 989 percent
No. 320 - Cherokee Information Services Inc. of Arlington -
          973 percent
No. 330 - SIGNAL Corp. of Fairfax - 922 percent(b)
No. 385 - Call Technologies Inc. of Reston - 771 percent
No. 392 - UUcom Inc. of Alexandria - 747 percent
No. 447 - Subsystem Technologies Inc. of Rosslyn - 617 percent(a)
No. 469 - Universal Systems & Technology Inc. of Fairfax -
          563 percent(b)
No. 472 - College & University Computers Inc. of Williamsburg - 561
          percent(a)
No. 490 - Quality Consulting Services Inc. of Vienna - 532 percent(a)

     (a) Indicates second consecutive year on the Fast 500 list
     (b) Indicates third consecutive year on the Fast 500 list