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CIMNET Honored by Deloitte & Touche in Technology Fast 50 Program.


Business Editors/Hi-Tech Writers

ROBESONIA, Pa.--(BUSINESS WIRE)--Oct. 23, 2002

CIMNET CIMNET Center for Information Management Network (R), Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB:CIMK) a leader in Manufacturing Execution Systems (MES (Manufacturing Execution Software) Software that provides real time access to plant activities that include equipment, labor, orders and inventory. An MES integrates the data with enterprise resource planning (ERP) systems so that management has complete control of ) software today announced it has been named to Deloitte & Touche's prestigious "Technology Fast 50" Program for the Delaware Valley The Delaware Valley is the name of the metropolitan area centered on the city of Philadelphia in the United States. The region is named for the Delaware River which flows through it.  area, a ranking of the 50 fastest growing technology companies in the area.

"CIMNET is proud to be named one of the fastest growing technology companies in the Delaware Valley," said John Richardson The name John Richardson can refer to:
  • John Richardson (football player)), Miami Dolphins
  • Sir John Richardson (naturalist) (1787-1865), Arctic explorer and naturalist
  • John Richardson (author) (1796–1852), Canadian novelist
  • John Richardson (actor) (b.
, CIMNET's chairman 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. . "Our company has worked very hard over the last few years to grow our customer base, introduce new technology and provide quality products and services to our customers. The fact that we have grown our business and have been recognized by companies such as Deloitte & Touche for our accomplishments proves that the hard work by our entire staff has paid off."

"In today's economy, revenue growth is an exceptional accomplishment," said Gary Tabach, Director and Partner in Charge, Technology, Media and Telecommunications, Deloitte & Touche. "We commend CIMNET for making the commitment to technology and delivering on the promise of market longevity. We are proud to honor CIMNET as a Deloitte & Touche Technology Fast 50 winner."

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 1997 and $1,000,000 in 2001, must be public or private companies headquartered in the Delaware Valley, 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.

Rankings are based on the percentage of growth in fiscal year revenues from 1997-2001 (five-year period).

About CIMNET: CIMNET designs, markets and integrates software for manufacturing facilities. CIMNET's products allow manufacturing companies to schedule and monitor work flow in real time and reduce operating costs operating costs nplgastos mpl operacionales  by improving quality of products being produced.

CIMNET's proprietary products, FOLDERS(TM), Infolink, Factelligence(TM) and DNC DNC Democratic National Committee
DNC Democratic National Convention
DNC Do Not Call
DNC Delaware North Companies
DNC Domain Name Commissioner
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DNC Do Not Change
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 Professional(TM), are used by discrete and process manufacturers in the aerospace, automotive, medical device, food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods.  and consumer packaged goods Noun 1. packaged goods - groceries that are packaged for sale
foodstuff, grocery - (usually plural) consumer goods sold by a grocer

plural, plural form - the form of a word that is used to denote more than one
 industries. For more information about CIMNET products or services, go to their website at www.cimnet.com.

About Deloitte & Touche: Deloitte & Touche, one of the nation's leading professional services 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 US 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/us.

This press release contains certain forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934. When used in this release, the words "believe," "anticipate," "think," "intend," "plan," "will be," "expect," and similar expressions identify such forward-looking statements.

Such statements regarding future events and/or the future financial performance of the Company are subject to certain risks and uncertainties which could cause actual events or the actual future results of the Company to differ materially from any forward-looking statement.

Such risks and uncertainties include, among other things, the availability of any needed financing, the Company's ability to implement its business plan for various applications of its technologies, the impact of competition, the management of growth, and the other risks and uncertainties that may be detailed from time to time in the Company's reports or registration statements filed with The Securities and Exchange Commission.

In light of the significant risks and uncertainties inherent in the forward-looking statements included herein, the inclusion of such statements should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Oct 23, 2002
Words:705
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