Alogent Named to Deloitte & Touche Technology Fast 500.Business Editors ATLANTA--(BUSINESS WIRE)--Oct. 16, 2002 Alogent Corporation, a leading developer of payment transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. solutions for global financial institutions and remittance processors, announced that it ranked number 471 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. . Rankings are based on percentage revenue growth over five years, from 1997-2001. Alogent grew 651 percent during this period. This is a repeat performance for Alogent, having previously been named to the Fast 500 in 2000. Alogent's Founder 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. , Brian Geisel, credits product innovation in an industry dominated by legacy products as well as the company's expansion into global markets. "The company's rapid growth over the past five years recognizes the achievements of everyone on the Alogent team," he said. "We are changing the shape of paper payments processing globally by helping our customers reduce cost, improve quality and accelerate transactions through our innovative open systems solutions." "With its ranking on the prestigious Deloitte & Touche Technology Fast 500, Alogent's leaders have proven that they have the vision and the fortitude to excel in the highly competitive technology industry," said Mark A. Evans, managing director of Deloitte & Touche's Technology, Media & Telecommunications Group. "We congratulate Alogent on becoming one of the 500 fastest growing technology companies in 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." Overall, companies that ranked on the 2002 Technology Fast 500 have growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. ranging from 614 to 293,493 percent over five years, with an average growth rate of 6,772 percent. The Fast 500 list is compiled from three sources: Deloitte & Touche's 20 regional North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Fast 50 programs, of which nominations are submitted directly to the Fast 500 and public company database research. To qualify for the Fast 500, companies must have had 1997 operating revenues of at least $50,000 and $75,000, for United States and Canada respectively. Also, they must be public or private companies headquartered in North America, and be technology companies defined as companies that own proprietary technology that contributes to a significant portion of the company's operating revenues or that devote a high percentage of effort to research and development of technology. 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 its 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. About Alogent Alogent develops and delivers open-architecture item processing software to banks, billers and payment processors who want to make payment processing more efficient and more profitable. Alogent specializes in high speed, high-volume transaction processing on a server-based platform that processes both paper and electronic payments. Alogent's solutions for front office deposit automation and accelerated central item processing are scalable, web-deployed, and based on Microsoft Windows, SQL Server and Windows DNA and XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. architecture. For additional information, please visit the company's Web site at www.alogent.com, or contact Alogent at these locations: U.S. Headquarters: 4005 Windward Plaza, Second Floor, Alpharetta GA 30005 Ph: 770.752.6400; Fax 678.966.9124 or London Sales and Support, Cardinal Point cardinal point n. 1. One of four points in the pelvic inlet toward which the occiput of the fetus is usually directed in cases of head presentation. 2. , Park Road, Rickmansworth, Hertsfordshire WD3 1RE. Ph: 011 44 1923 432643; Fax: 011 44 1923 432843. |
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