Carrier Access Corporation Named Second-Fastest Growing Technology Company in Colorado.BOULDER, Colo.--(BUSINESS WIRE)--Oct. 12, 1999-- Carrier Access Corporation (Nasdaq: CACS CACS Center for Advanced Computer Studies CACS Computer Audit, Control and Security CACS Carrier Access Corporation (stock symbol) CACs Criteria Air Contaminants CACS Center for Alaskan Coastal Studies CACS Coronary Artery Calcium Scoring ), a leading provider of broadband digital access solutions for voice and data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. carriers, today announced it ranked number two in the Deloitte & Touche "Fast 50" Program for Colorado, a ranking of the 50 fastest-growing technology companies in the area. Rankings were based on the percentage of growth in revenues from 1994 to 1998 (a five-year period). Carrier Access Corporation's increase in revenues of 6396 percent over the past five years assured its position in the top ranks of the Colorado Fast 50 for the second year in a row. Last year the company's growth rate of 4778 percent secured the number one position. "There are many elements that have been, and continue to be, key to our rapid growth," said Koenig, 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 Carrier Access. "The most important element is a dynamic team that has ability to rapidly respond to the ever evolving technology of the telecommunications industry. Being focused on the future of high-speed voice and data connectivity products, continues to drive Carrier Access Corporation as a leader in this rapidly growing market." "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. Carrier Access has proven that they have the right stuff to succeed, and we at Deloitte & Touche salute its accomplishments." said Steve Berthe, Partner in the Denver Office of Deloitte & Touche. About Deloitte & Touche Deloitte & Touche, a leading accounting, tax and consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a , creates powerful business solutions for America and the world. Deloitte & Touche is an integral 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 whose 82,000 people in 133 countries demonstrate "the answer is Deloitte & Touche." About Carrier Access Corporation Carrier Access Corporation (Nasdaq: CACS) is a leading provider of Multi-service Digital Access (MDA (1) (Monochrome Display Adapter) The first IBM PC monochrome video display standard for text. Due to its lack of graphics, MDA cards were often replaced with Hercules cards, which provided both text and graphics. See PC display modes and Hercules Graphics. ) equipment to competitive telecommunications carriers, including competitive local exchange carriers, Internet service providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. , and wireless carriers. Carrier Access Corporation products are used in the digital last mile for the provisioning of enhanced voice and high-speed data services by carriers to businesses and government end users. Carrier Access Corporation's Access Bank, Access Navigator and Wide Bank family products are connected to T1, HDSL See DSL. HDSL - High bit-rate Digital Subscriber Line , digital radio, T3 and STS-1 access and transport networks. For more information, visit the Carrier Access Corporation website at http://www.carrieraccess.com. |
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