Alliance Group Services, Inc. Named Rising Star in Deloitte & Touche ``Fast 50'' Program for Tri-State Region.Business Editors, High Tech Writers WESTPORT, Conn.--(BUSINESS WIRE)--Oct. 16, 2002 Alliance Group Services Attributes Award to its 3,082 Percent Growth Over Three-Year Period Alliance Group Services, Inc. has been named a Rising Star in Deloitte & Touche's prestigious "Technology Fast 50" Program for the Tri-State Region For other tri-state regions, see . The Tri-State Region is commonly used in the area surrounding New York City to unambiguously refer to the greater metropolitan area. Sometimes the phrase is shortened to "the Tri-State," or "the Tri-State Area" is used instead. of Connecticut, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , New Jersey and Long Island. The Rising Star award is a special designation for fast-growth technology companies that have been in business just three or four years and is part of the regional Technology Fast 50 program, which ranks the 50 fastest growing technology companies in the area. Rankings are based on the percentage of growth in fiscal year revenues from 1999 to 2001 (three -year period). Alliance Group Services' 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. Jess DiPasquale credits sound financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against and focus on customer service and support with the company's 3,082 percent revenue growth from 1999-2001. He said, "The telecom market continues to offer excellent opportunities for companies that manage their resources well and pay close attention to the needs of customers. As a wholesaler of communications services, we never lose sight of what our customers need to offer their users. High quality service and support is our top priority, and we believe that it will differentiate the leaders in the telecom industry of the future." "In today's economy, better than triple-digit percentage growth is an exceptional accomplishment," said Dave Carver, Technology, Media & Telecommunications Managing Partner (Connecticut) for Deloitte & Touche. "We commend Alliance Group Services for making the commitment to technology and delivering on the promise of market longevity. We are proud to honor Alliance Group Services as a Deloitte and Touche Technology Fast 50 Rising Star winner." To qualify for the Fast 50, companies must have had operating revenues of at least $50,000 in 1998 or 1999 and $1,000,000 in 2001, must be public or private companies headquartered North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , and be "technology companies" defined as companies that own proprietary technology which contributes to a significant portion of the company's operating revenues or devotes a high percentage of effort to research and development of technology. Rising Star winners are automatically entered in the Deloitte & Touche Fast 500 program's Rising Star category. The Deloitte & Touche Technology Fast 500 program ranks North America's top 500 fastest growing technology companies based on revenue growth over five years (1997-2001). Its Rising Star ranking is based on revenue growth over three years (1999-2001). For more information on the Deloitte & Touche Fast 50 or Fast 500 programs, visit www.fast500.com. The Connecticut Technology Fast 50 program is hosted by Deloitte & Touche, in association with the Connecticut Technology Council. The program is sponsored by ImageWorks, The Litchfield Insurance Group, NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on , Pullman & Comley, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , and Royal & SunAlliance Insurance. About Alliance Group Services, Inc. (AGSi) Alliance Group Services, headquartered in Westport, CT, is a leading wholesale provider of network services to telecom resellers and CLECs. AGSi specializes in the one-on-one personal service and support that is rarely provided in the industry. Management is well qualified to discuss the issues and trends driving the telecommunications industry as well as the business models that will lead it back to profitable growth. AGSi's strong performance is based on the idea that every minute counts in the delivery and management of telecom products and services. AGSi was recently named a Rising Star in Deloitte & Touche's prestigious "Technology Fast 50" Program for the Tri-State Region of Connecticut, New York, New Jersey and Long Island. www.alliancegrp.com. About Deloitte & Touche Deloitte & Touche, one of the nation's leading professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. firms, provides assurance and advisory, tax, and management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects services through nearly 30,000 people in more than 100 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for innovative human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. programs, Deloitte & Touche has been recognized as one of the "100 Best Companies to Work For in America" by Fortune magazine for five consecutive years. Deloitte & Touche refers to Deloitte & Touche LLP LLP - Lower Layer Protocol and related entities. Deloitte & Touche is the US national practice of Deloitte Touche Tohmatsu Deloitte & Touche (also referred to as Deloitte Touche Tohmatsu, and branded as Deloitte.) is the second largest professional services firm in the world, and one of the Big Four auditors, along with PricewaterhouseCoopers, Ernst & Young and KPMG. . Deloitte Touche Tohmatsu is a Swiss Verein A Swiss Verein ("Verein" is German for "Union") is a legal structure in Swiss law. It is similar to the Anglo-American voluntary association. Unlike Germany, a Swiss Verein does not need to be registered in order to have a separate legal personality. Most Swiss NGOs resp. , and each of its national practices is a separate and independent legal entity. For more information, please visit Deloitte & Touche's web site at www.deloitte.com/us. For more information on the Technology Fast 50 and Fast 500 programs, please visit www.fast500.com. |
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