Athena Technologies Named One of Virginia's Fastest Growing Technology Companies in Deloitte's Technology Fast 50 Program for Second Year.

Company Attributes Product Performance and Customer Results to Its 457 Percent Revenue Growth

WARRENTON, Va. -- Athena Technologies, Inc. has been named to Deloitte's prestigious Technology Fast 50 Program for Virginia, a ranking of the 50 fastest growing technology, media, telecommunications and life sciences companies in the state by Deloitte & Touche USA LLP, one of the nation's leading professional services organizations. Athena, a leading provider of flight control and navigation systems for Unmanned Aerial Vehicles (UAVs), ranked No. 23 on the list. Rankings are based on the percentage revenue growth over five years from 2001-2005.

Dr. David Vos, Athena's CEO, credits many factors, especially Athena's ability to help customers get to market faster and increase operations tempo in theatre, with the company's 457 percent revenue growth from 2001-2005. Vos said, "Our success is a direct result of our customers being able to trust Athena's products will perform the first time and every time. With involvement in dozens of concept and production UAV programs, and now tallying over 130,000 hours flying UAVs in Iraq, Athena's GuideStar[TM] system has been put through its paces, resulting in new and repeat business for Athena, as well as a tremendous amount of pride in delivering top quality products."

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2001 and $5,000,000 in 2005, be headquartered in North America, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify.

Winners of the 16 regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte's Technology Fast 500 program, which ranks North America's top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.

About Athena Technologies

Athena Technologies is a premier developer and producer of navigation and control systems. Founded in 1998, the company produces the GuideStar[TM] family of versatile, compact and cost-effective flight control systems for military applications such as unmanned aerial vehicles (UAVs), target drones and missiles. The company is an independent, privately held firm with headquarters in Northern Virginia. Additional information is available at www.athenati.com.

About Deloitte

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