Calico Commerce Ranked No. 63 On Deloitte & Touche List Of Fastest Growing North American Technology Companies.Business Editors/High Tech Writers 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.--(BUSINESS WIRE)--Nov. 16, 2000 Calico Commerce, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CLIC CLIC Centre Local d'Information et de Coordination (French) CLiC Climate and Cryosphere (World Climate Research Programme project, Norway) CLIC Compact Linear Collider CLIC Connecticut Licensing Information Center ), a leading provider of software that enables companies to sell over the Web, announced that it ranked number 63 with 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 the five-year percentage revenue growth from 1995-1999. Calico's revenue grew 6,592 percent over the five-year period of 1995 to 1999. "The vision, drive and determination of the leaders and employees at Calico propelled their company to an elite status as one of the 500 fastest growing technology firms in the U.S. and Canada," said Mark A. Evens, managing director of Deloitte & Touche's Technology & Communications Group. "We applaud their dedication to excellence while maintaining a fast-paced growth, and commend them for making the Deloitte & Touche Technology Fast 500." In addition to ranking on the Deloitte & Touche Technology Fast 500, Calico ranked 14th in Deloitte & Touche's Fast 50. Overall, companies that ranked on the 2000 Technology Fast 500 had five-year 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 71,257 to 593 percent, with the average growth rate of 3.960 percent. The majority of Fast 500 winners, or 46 percent, are in the software industry. Seventeen percent are Internet related, and nine percent are in the biotechnology industry. The remaining companies are in medical, technical and scientific manufacturing at nine percent, communications at nine percent, computers and peripherals at five percent, and semiconductors, components and electronics at two percent, with the remaining three percent in other types of technology. "Being ranked on the Technology Fast 500 is a tremendous honor and validation of our employees' commitment to Calico's continued growth and success," said Alan Naumann, 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. , Calico Commerce. "This ranking, based on our revenue increase over the past five years, clearly demonstrates that Calico is providing its customers with a comprehensive software solution for selling over the Web, in Net Markets and through existing channels." In its selection of the 2000 Fast 500, Deloitte & Touches's team reviewed financial records for more than 5.000 public and privately-held technology companies. To qualify, companies must have had revenues of at least $50,000, must be headquartered 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. or Canada and must be a "technology company." Deloitte & Touche defines "technology company" as one that develops proprietary technology that contributes to a significant portion of the company's operating revenues operating revenue Revenue from any regular source. Revenue from sales is adjusted for discounts and returns when calculating operating revenue. Compare other revenue. , manufactures a technology product, or devotes a high percentage of effort to the research and development of technology. About Calico Commerce, Inc. Calico Commerce, Inc. provides software that enables corporations to sell in Net markets, direct over the Web or through existing channels. Calico's 100% Java, application server-based eBusiness application suite meets the performance, reliability and scalability needs of any business while allowing customers to handle complex products, pricing and relationships via the Web through the entire customer life cycle. As a result, organizations are able to drive revenue growth, increase customer satisfaction and achieve competitive advantage. Calico customers include leaders in high-technology hardware, manufacturing, telecommunications services, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , home furnishings, chemicals, agriculture and retail. Calico Commerce, Inc., headquartered in San Jose, Calif., can be found on the World Wide Web at www.calico.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 30,000 people in more than 100 U.S. cities. The firm is dedicated to exceeding the expectations of its clients and its people. Known as an employer of choice for its innovative human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. programs, Deloitte & Touche has been recognized as one of the "100 Best Companies to Work for in America" by Fortune magazine for three consecutive years. 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. , one of the world's leading professional services firms, with more than 90,000 people in over 130 countries. For more information on the Deloitte & Touche Fast 50 or Fast 500 programs, visit the web site at www.fast500.com. Except for the historical information contained herein, the matters discussed in news releases contain forward-looking statements that involve substantial risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by such forward-looking statements. Potential risks and uncertainties are described in detail in public reports filed with the Securities and Exchange Commission such as Calico's Registration Statement on Form S-1 and on Form S-4 in connection with the ConnectInc.com acquisition. |
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