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AppWorx Named One of Washington State's Fastest Growing Technology Companies in Deloitte & Touche "Fast 50" Program.


BELLEVUE, Wash.--(BUSINESS WIRE)--Sept. 27, 1999--

AppWorx Earns Ranking For Second Consecutive Year,

Achieves Five-Year, Over 300 Percent Revenue Growth

AppWorx (www.appworx.com), the application automation company, has been named to Deloitte & Touche's prestigious "Fast 50" Program for Washington state, a ranking of the 50 fastest growing technology companies in the area.

Rankings are based on the percentage of growth in revenues over a five-year period, from 1994 to 1998. AppWorx gained more than 300 percent revenue growth during that period.

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 AppWorx' President 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. , Bill Wrenn, "We attribute our continued superior sales results -- and making the `Fast 50' list for the second year in a row -- to offering a product that brings some of the best return on investment in the IT industry. For our customers, life depends on AppWorx for automating the behind-the-scenes computing tasks that would otherwise prevent these businesses from running with true precision and reliability."

"In an era where technology companies come and go like shooting stars, making the Deloitte & Touche 'Fast 50' is a testament to a company's leadership and its ability to not only have the right solution for that moment in time, but also the vision that allows growth over five years," said Larry Hile, chair, Washington State Technology Fast 50. "AppWorx has proven that they have the right stuff to succeed, and we at Deloitte & Touche salute its accomplishments."

To qualify for the Fast 50, companies must have had revenues of at least $50,000 in 1994 and at least $1,000,000 in 1998; must be public or private companies headquartered in Washington state; and be "technology companies" defined as a company that produces technology, manufactures a technology product, is technologically intensive, uses technology in problem-solving, or devotes a high percentage of effort to research and development of technology.

Winners of the 19 regional Fast 50 programs 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.  are automatically entered in the Deloitte & Touche Technology Fast 500 program, which ranks the nation's top 500 fastest-growing technology companies.

For more information on the Deloitte & Touche Fast 50 or Fast 500 programs, visit the web site at www.fast50.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 over 28,000 people in more than 100 U.S. cities. Deloitte & Touche is part 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. , a global leader in professional services with more than 82,000 people in over 130 countries. Deloitte & Touche refers to Deloitte & Touche LLP LLP - Lower Layer Protocol , Deloitte Consulting LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, and related entities. For additional information, please visit Deloitte & Touche's web site at www.us.deloitte.com/humancapital.

About AppWorx

AppWorx provides software automation products that schedule and manage output of core business applications, including Oracle Financials, PeopleSoft, SAP R/3, Retek and SCT Sacrococcygeal teratoma (SCT)
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 Banner2000. AppWorx goes beyond traditional time and system event-based management by tightly integrating with an application to automatically trigger events based on conditional rules that parallel the dynamics of the business. AppWorx' innovative output management capabilities speed the reliable delivery of information to the business people who need it. Companies using AppWorx realize improvements in application continuity, application integration and end user satisfaction.

AppWorx' international customer base includes AT&T, Citicorp, DoubleClick, Eastman Kodak, General Electric, Glaxo Wellcome, John Deere, Motorola, 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
 Life, Price Waterhouse, Texaco, the US Navy and the US Postal Service postal service, arrangements made by a government for the transmission of letters, packages, and periodicals, and for related services. Early courier systems for government use were organized in the Persian Empire under Cyrus, in the Roman Empire, and in medieval . AppWorx Corporation was founded in 1990 and is privately held. For more information call 1/877-APPWORX or visit the website at www.appworx.com.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 27, 1999
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