Continuus Software Awarded Deloitte & Touche's Technology Fast 50 for Third Consecutive Year.Business Editors and High-Tech Writers IRVINE, Calif.--(BUSINESS WIRE)--Oct. 9, 2000 Achievement Recognizes Continuus' Revenue Growth and Demonstrates Ongoing Commitment to Technology Innovation Continuus Software Corp., (Nasdaq:CNSW), the leading provider of eAsset Management solutions, Monday announced that it has been ranked in the Deloitte & Touche 2000 Orange County/San Diego Technology Fast 50 for the third consecutive year. With five-year revenue growth cited by The Technology Fast 50 at 185 percent, Continuus Software is now eligible for the Technology Fast 500, which ranks the 500 fastest growing technology companies 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. . The Technology Fast 500 and Fast 50 were created to recognize the phenomenal achievements and contributions of fast-growing technology companies. Winners in the program are recognized for being an essential part of the Orange County/San Diego community due to their outstanding level of growth, a remarkable accomplishment given the rapid economic acceleration and intense competition companies face today. "This award is a tribute to our employees whose integrity, team spirit and innovation lay the groundwork for fostering long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. relationships with our customers," said John Wark John Wark (born Glasgow, 4 August 1957) was a Scottish footballer who grew up in the Ipswich Town side of the 1970s and went on to become a player synonymous with the club. He was also part of the all conquering Liverpool side of the mid 1980s. , president and chief executive officer of Continuus Software Corp. "Deloitte & Touche's recognition of our growth is a great acknowledgement of how our eAsset Management framework helps companies achieve faster time-to-market, higher quality and improved productivity." The nominee nominee n. 1) a person or entity who is requested or named to act for another, such as an agent or trustee. 2) a potential successor to another's rights under a contract. process is open to all eligible technology companies in the Orange County/San Diego area and is followed by a rigorous revenue review. In order to qualify for nomination a company must meet the stringent criteria of the program. The nominee must be a technology company developing proprietary technology, manufacturing a technology-related product and devoting a high percentage of effort to the research and development of technology. The company must have 1995 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, 1999 operating revenues of at least $1 million, be in business a minimum of five years and have headquarters within Orange or San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. counties. For more information on the Technology Fast 50 and Fast 500 programs, visit www.fast50.com. About Continuus Continuus Software is the leading provider of eAsset Management solutions. eAsset Management enables organizations to develop, enhance, deploy and more effectively manage their teams building Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the and enterprise software and content-based systems. Continuus products enable organizations to improve the quality of their eAssets and to reduce the time it takes to deliver Internet and software applications. Continuus offers eAsset Management solutions, consisting of Continuus CM Synergy The enhanced result of two or more people, groups or organizations working together. In other words, one and one equals three! It comes from the Greek "synergia," which means joint work and cooperative action. , Continuus WebSynergy, Continuus ChangeSynergy, and Continuus KnowledgeSynergy, designed to support the collaborative development, management, approval and deployment of the most complex and demanding software, Internet applications and Web content. The company also offers its customers professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. through the eAsset foundation methodology that include consulting, training and maintenance services to facilitate successful implementations. Continuus has licensed its products to more than 550 customers, 1,000 sites and 45,000 users worldwide. For more information on Continuus: in the United States, call 949/830-8022; in Canada, call 613/751-4499; in the United Kingdom, call 44 1344 788 100; in Germany, call 49 89 54 8880; in France, call 33 1 69 59 1616; in Australia call 61 2 9904 6033, or visit its Web site at www.continuus.com. This news release contains certain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that are based largely on Continuus Software's current expectations and are subject to a number of risks and uncertainties. Actual results and events could differ significantly from those discussed in the forward-looking statements. These risks and uncertainties include those associated with the development of new products and technologies, including Continuus eAsset Management solutions, the emerging markets for our products, and intense competition in our markets, as well as other risks and uncertainties described from time to time in our filings with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and our most recent Quarterly Report on Form 10-Q Form 10-Q See 10-Q. . Note to Editors: Trademarks and registered trademarks are the property of their respective holders. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion