CAT Technology Named the Second Fastest Growing Private Company in Silicon Valley.Business Editors/High-Tech Writers LOS GATOS Los Gatos (lôs gä`tōs, lŏs, găt`əs), city (1990 pop. 27,357), Santa Clara co., W Calif.; inc. 1887. It is an affluent residential community and health resort. , Calif.--(BUSINESS WIRE)--Nov. 3, 2000 CAT Technology Inc., the premier provider of Internet operations solutions, was named the second fastest growing private company in Silicon Valley at the annual "Silicon Valley/San Jose Business Journal" awards banquet at the Fairmont Hotel in San Jose San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif. on Nov. 2. "CAT is honored to be at the top of Silicon Valley/San Jose Business Journal's list of the 100 fastest growing companies," said Larry Lenhart, 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. of CAT Technology. "We have significantly enhanced the range of Internet infrastructure services we provide our clients, most notably our 24x7 Managed Services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality division. In addition, over the past two years we've increased our employee count and revenue by more than 300 percent. We anticipate continued growth as we expand our operations globally over the next 18 months." To qualify as one of the fastest growing private companies, a business must be based in Silicon Valley, have a three-year sales history with an increase in fiscal 1999, report revenue for the third previous year of more than $200,000 and be an independent, privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. . Companies featured on previous lists include Brio Technology (Nasdaq:BRIO (Brio Technology, Palo Alto, CA, www.brio.com) A software company founded in 1989 and acquired by Hyperion Solutions Corporation in 2003 that specialized in enterprise analysis and reporting programs that run on several platforms. ) and E*TRADE Group, Inc. (Nasdaq:EGRP EGRP E*Trade Group, Inc. (stock abbreviation, AMEX) ). The complete list is available in the Nov. 3 issue of Silicon Valley/San Jose Business Journal and the top five can be found online at www.bizjournals.com/sanjose. About CAT Technology Inc. CAT Technology (www.cattech.com) is the premier provider of Internet operations solutions, ranging from web system design and deployment to site management and maintenance. CAT Technology's Managed Services division provides Internet businesses with 24x7 real-time monitoring, rapid onsite response and information security services. CAT Technology is headquartered in Los Gatos, Calif., with additional offices in San Francisco and Herndon, Va. Note to Editors: CAT Technology is a registered trademark of CAT Technology Inc. All other registered trademarks and/or trademarks are the property of their respective owners. |
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