Concord Named One of the Fastest Growing Technology Companies in New England This Year.Business/Technology Editors MARLBORO Marlboro or Marlborough (märl`bərō), city (1990 pop. 31,813), Middlesex co., E Mass.; settled on the site of a Native American village 1657, inc. as a city 1890. , Mass.--(BUSINESS WIRE)--Oct. 29, 2001 IT management software provider ranks 37th in Deloitte & Touche and Hale and Dorr's annual program recognizing companies based on five-year revenue growth Concord Communications (Nasdaq: CCRD CCRD Colorado Civil Rights Division CCRD Clear Certainty Rundown CCRD Center for Community Research and Development CCRD Climate Change Research Division (US DoE) CCRD Certified Chiropractic Rehabilitation Doctor ) has been recognized as part of the elite "New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. Technology Fast 50" for 2001, a ranking of the 50 fastest-growing technology companies in the area. Rankings are based on five-year revenue growth (1996-2000). Deloitte & Touche and Hale and Dorr LLP LLP - Lower Layer Protocol conduct the ranking in association with Mazonson, Nasdaq, Trinity Communications and Mass High Tech, The Journal of New England Technology. Joining Concord on this year's list are such powerhouses as speech recognition software provider SpeechWorks International, Inc., global Internet services provider Terra-Lycos, Inc and Internet advertising Delivering ads to Internet users via Web sites, e-mail, ad-supported software and Internet-enabled cellphones. Also called an "ad network," Internet advertising organizations act as a middleman between the advertiser and the Web sites and software publishers that display the ads. giant BURST! Media, Inc. "Business' increasing reliance on ever more complex infrastructures has forced them to consider the most efficient, and affordable means of ensuring peak IT performance and maximum availability," said Jack Blaeser, Concord's 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. . "Our eHealth(TM) Suite of infrastructure management software hit the market at the right time -- when companies are striving to identify and resolve problems before they affect customers, partners and employees. That's why revenues have jumped 880 percent in the past five years." This revenue increase from 1996 to 2000 made it the 37th fastest growing company in New England this year. Now in its fifth year, the New England Technology Fast 50 program has honored hundreds of local fast-growing technology companies who have made a significant impact on New England's innovation economy. The software sector historically has made up more than 40 percent of the Fast 50 list, and the sector continues to have a strong showing in the 2001 list, with 48 percent of the Fast 50 winners in that category. To qualify for the Fast 50, a company must have had revenues of at least $50,000 in 1996; may be public or private; and must be headquartered in the region. To be considered for an award, the company must produce technology, manufacture a technology product, be technologically intensive, use technology in problem-solving, or devote a high percentage of effort to the research and development of technology. "Becoming one of New England's fastest-growing technology companies takes tremendous leadership and long-term vision to identify and deliver real-world solutions that succeed in an ever-changing technology environment," said Steve DiPietro, co-chair of the Fast 50 program and partner in the Technology and Communications practice at Deloitte & Touche. He added, "Concord has delivered on its vision, and we at Deloitte & Touche commend them on their achievement." All nominees of the 22 regional Fast 50 programs 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. are automatically entered in the Deloitte & Touche Technology Fast 500 program, which ranks the top 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. . For more information on the Deloitte & Touche Fast 50 or Fast 500 programs, visit www.fast50.com. About Concord Communications Concord Communications, Inc. (Nasdaq: CCRD) is the market leader in automating technology management of the internet infrastructure. With its eHealth(TM) Suite, Concord offers the only solution to combine real time information with historical context for integrated management across systems, applications and networks. Only by successfully managing performance and availability across all of these key areas can organizations truly ensure effective e-business. This end-to-end view provides the critical insights needed to power day-to-day business and e-commerce operations for some of today's most successful service providers and corporations worldwide. Concord is headquartered in Marlboro, Mass. For more information on Concord, call 1-800-851-8725 or visit Concord on the Web at www.concord.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 New England Deloitte & Touche Technology & Communications provides strategic, financial, operational, and information technology assistance to the region's technology companies at every stage of development, from early-stage startups to multi-national corporations. About Hale and Dorr LLP Hale and Dorr LLP is a nationally preeminent pre·em·i·nent or pre-em·i·nent adj. Superior to or notable above all others; outstanding. See Synonyms at dominant, noted. [Middle English, from Latin prae high-technology law firm, with over 460 attorneys and offices in Boston, New York Boston is a town in Erie County, New York, United States. The population was 7,897 at the 2000 census. The town is named after Boston, Massachusetts. The Town of Boston is an interior town of the county and one of the county's "Southtowns. , Princeton, Washington, D.C., Reston, Va., and Waltham. The firm has a strong reputation for advising and guiding emerging growth companies, especially those in the software, telecommunications and biotechnology industries. About Mazonson Inc. Mazonson is a regional insurance brokerage and risk management firm specializing in developing and implementing risk management and benefits programs for high growth companies. About Nasdaq The Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. lists over 4,300 companies and trades more shares per day than any other U.S. market. For more information about Nasdaq, visit the Nasdaq Web site at www.nasdaq.com or Nasdaq Newsroom at www.nasdaqnews.com. About Mass High Tech Mass High Tech, The Journal of New England Technology is a weekly technology journal serving the executives and management-level engineers of New England's innovation and technology industries. About Trinity Communications Headquartered in Boston, Trinity Communications (www.trinitynet.com) provides creative integrated marketing communications Integrated Marketing Communications Definition The American Marketing Association suggests that integrated marketing communications (IMC) is “a planning process designed to assure that all contacts received by a customer or prospect for a product, service, or services to clients in the financial, professional services, technology, health care, and community sectors. Capabilities include collateral systems, advertising, corporate identity, brand strategy, interactive, public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most , community affairs, and sales promotion. |
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