Adea Group Earns 9th Place Ranking in ``Dallas 100'' Fastest Growing Companies; Domestic and International Geographic Expansion, and Hiring Top People Continues to be Key Growth Drivers.Business/Technology Editors DALLAS--(BUSINESS WIRE)--Nov. 2, 2000 The Adea Group has been named as one of the fastest growing companies in the Dallas/Ft. Worth Metroplex by the 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. Institutes "Dallas 100" for 2000. The award is the most distinguished of its kind in the DFW DFW Dallas/Ft Worth, TX, USA - Dallas Ft Worth International (Airport Code) DFW Department of Fish and Wildlife DFW David Foster Wallace DFW Drug-Free Workplace DFW Down For Whatever (song by Pretty Young Things) region. The award was presented to Abid Abedi, CEO of The Adea Group in a ceremony at the Morton H. Meyerson Symphony Center The Morton H. Meyerson Symphony Center is a concert hall located in the Arts District of downtown Dallas, Texas (USA). It was designed by architect I.M. Pei and acoustician Russell Johnson's Artec Consultants, Inc. and opened in September of 1989. on November 1st. "This is our first time to make the Dallas 100, and to do so in the top ten is a real honor," said Abedi. "The award is the result of the great team effort by everyone in our company." The "Dallas 100" is an annual event that celebrates the vitality and entrepreneurial spirit of the emerging business community in North Texas. Companies listed on the "Dallas 100" have made significant contributions to the area by generating thousands of new jobs, increasing the tax base, and fostering the Dallas area's reputation as a premier economic development center. In order to qualify for the Dallas 100 award, a company must be an independent, privately held corporation Noun 1. privately held corporation - a corporation owned by a few people; shares have no public market close corporation, closed corporation, private corporation , be located in the Dallas area, and have had sales of more than $500,000 in 1997 with a three year sales history with an increase in fiscal 1998. The Adea Group is projecting it will finish 2000 with a run-rate of approximately $60 million, which is up from $19.6 million in sales in 1999. About Adea The Adea Group, Inc. is the fastest growing national provider of IT and e-commerce technical staffing and consulting services for a wide range of companies from the Fortune 500 to leading edge startups. Its client list includes Dell Computer, all.com, CISCO Systems, CompUSA, CSC, Datum The singular form of data; for example, one datum. It is rarely used, and data, its plural form, is commonly used for both singular and plural. , Deloitte & Touche, IBT (1) (Instructor Based Training) Training courses conducted by human teachers. (2) (Internet Based Training) Training courses provided via the Internet. Technologies, Nortel Networks, Oracle Corporation, Per-Se, State of Texas, The Associates Capital, Sabre, Inc., Alcatel, Andersen Consulting, Broadvision, Burlington Northern/Santa Fe, Compaq Computers, Daltile, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , JB Hunt, Pagenet, Sealand/CSX, Southwest Airlines, Sterling Commerce, Texas Instruments, Ericsson, Tricon, United Parcel Service United Parcel Service, Inc. (NYSE: UPS), commonly referred to as UPS, is the world's largest package delivery company, delivering more than 15 million packages[1] a day to 6.1 million customers in over 200 countries and territories around the world. and Verizon. The Adea Group, Inc. is currently a privately held firm with offices in Austin, Dallas, Atlanta, Tampa, Washington, D.C., Toronto, and India. Safe Harbor Statement This news release contains "forward-looking statements" within the meaning of Section 27a of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance results will meet or exceed such expectations. All brand names mentioned herein are trademarks of their respective owners. |
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