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Alliance Group Services, Inc. Named Rising Star in the Deloitte & Touche Technology Fast 500 Program; Attributes its 3,082 Percent Growth Over Three-Year Period.


Business and High-Tech Editors

WESTPORT, Conn.--(BUSINESS WIRE)--Dec. 9, 2002

Alliance Group Services, Inc. has been named a Rising Star on the 2002 Deloitte & Touche Technology Fast 500, a ranking of the 500 fastest growing technology companies in 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. . A special category of 25 Rising Star winners, companies in business less than five years, but at least three years, are ranked based on percentage of growth in revenues over three years (1999 to 2001).

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."

"Being one of the 500 fastest growing technology companies in North America is an impressive accomplishment. We commend Alliance Group Services for making the Deloitte & Touche Technology Fast 500 and applaud its phenomenal 3,082 percentage growth rate over three years," said Mark A. Evans, managing director, Deloitte & Touche Technology, Media & Telecommunications Group.

To qualify as a Fast 500 Rising Star, companies must have had operating revenues of at least $50,000 USD USD

In currencies, this is the abbreviation for the U.S. Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 in 1999 and $75,000 CD for the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and Canada, respectively, must be public or private companies headquartered North America, 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.

About Alliance Group Services, Inc. (AGSi)

Alliance Group Services, headquartered in Wesport, 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 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. 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 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 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 U.S. 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, 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.
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Publication:Business Wire
Geographic Code:4EXRU
Date:Dec 9, 2002
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