Catalyst Named to Deloitte Colorado Technology Fast 50 for Third Year in a Row.Exploding Demand for Document Repositories to Manage Electronic Discovery and Regulatory Requirements Leads to Continued Growth for the Company DENVER -- For the 3rd consecutive year, Catalyst Repository Systems has been named to Deloitte's prestigious Colorado Technology Fast 50 Program. The Fast 50 Program is a ranking of the 50 fastest growing technology, media, telecommunications, and life sciences companies in the state by Deloitte & Touche USA LLP LLP - Lower Layer Protocol , 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. organizations. Rankings are based on the percentage revenue growth over five years from 2002-2006. Since 2000, Catalyst has been recognized nationally as a leading provider of secure web-based document repository systems for complex legal matters. Clients include many of the largest law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
Catalyst's dramatic growth has continually outstripped the growth rate for the overall e-Discovery market. Socha-Gelbmann's 2007 Annual Electronic Discovery Survey calculated a CAGR CAGR See: Compound Annual Growth Rate of 49% from 2002-2006, less than half of Catalyst's 102% growth for the same period. "Catalyst is honored to again be named to the prestigious Colorado Technology Fast 50 list and to be recognized by Deloitte for the third year in a row for sustained growth," said John Tredennick, 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. , Catalyst. "By listening to our clients we have been able to stay at the forefront of e-discovery trends and deliver the technology that allows legal professionals to be more effective and efficient in searching and reviewing the exploding amount of digital content." Tredennick credits client service and staying on top of technology trends with the company's revenue growth. This is the fourth such award for Catalyst. In 2003, it was named a "Rising Star" on the Deloitte Colorado Fast 50 program based on exceptional growth in its first three years of operations. In 2005, after 5 years of operation, it was named to the FAST 50 with successive awards for sustained growth in 2006 and 2007. "Sustaining high revenue growth over five years is an exceptional accomplishment. We commend Catalyst Repository Systems for making the commitment to technology and delivering on the promise of market longevity," said Kurt Randall, Deloitte Tax LLP. "We are proud to honor Catalyst as a winner in Deloitte's Colorado Technology Fast 50." To qualify for the Colorado Technology Fast 50, companies must have had 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. of at least $50,000 in 2002 and $5,000,000 in 2006, be headquartered 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. , 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. About Catalyst Catalyst provides secure repository systems to help corporations and their counsel deal with the explosion of digital content and work together on complex legal, business and financial matters. Its On Demand, hosted systems provide an alternative to traditional capital-intensive, in-house technology. Catalyst's products include: * Catalyst CR, the first grid-enabled document repository for review, compliance, litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. support and due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. ; * Catalyst XE, a powerful collaboration tool A collaboration tool is something that helps people collaborate. The term is often used to mean collaborative software, but collaboration tools were being used before computers existed, a piece of paper can for example can be used as collaboration tool. to connect professional teams and their files worldwide for cases, claims, deals and other complex legal matters, and * Catalyst Review, customized document review workflow for corporate, insurance and other regulated environments. Catalyst's products have been used for over a decade by many of the largest organizations in the world (e.g., 50% of the world's ten largest companies and over 50% of the nation's 100 largest law firms). For further information about Catalyst, please visit www.catalystsecure.com. 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