Courion Corporation Ranked Number 258th Fastest Growing Technology Company in North America on the 2004 Deloitte Technology Fast 500.FRAMINGHAM, Mass. -- Courion Attributes Its 812 Percent Revenue Growth to Its Focus on Making Customers Successful with Identity Management Courion(R) Corporation, a leading provider of self-service identity management solutions, today announced that it ranked Number 258 on the 2004 Deloitte 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 percentage revenue growth over five years, from 1999-2003. Courion grew an impressive 812 percent during this period. Courion's 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. , Chris Zannetos, credits his staff and the market need for identity management solutions with the company's 812 percent revenue growth over the past five years. "This recognition is a testament to the hard working people at Courion striving every day to make identity management implementations meaningful and effective for our customers, in short to deliver value. Because Courion does not force heavy infrastructure in order to derive value from our identity management solutions, rather our products leverage the existing infrastructure, our customers realize an immediate return on their investment. In the face of pending industry and regulatory compliance requirements Compliance requirements are a series of directives established by United States Federal government agencies that summarize hundreds of Federal laws and regulations applicable to Federal assistance (also known as Federal aid or Federal funds). , customers cannot afford to wait for long-term identity management infrastructure projects to be completed. They need to comply now, another reason our user provisioning The ability for customers to change voice and data services from their carriers online without having to place the order with a human representative. Web-based user provisioning lets you add and delete services and features from your browser. See automated provisioning. and compliance policy enforcement and access verification solutions are in such great demand." "Attracting enough customers to maintain triple digit growth over five years makes a strong statement about the quality of a company's product and its leadership," said Mark Evans, national managing partner of Deloitte's Technology, Media & Telecommunications Group. "Courion has shown the right stuff for growth." In addition to ranking on the Deloitte Technology Fast 500, Courion ranked 18th on the 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, which is a ranking of the 50 fastest growing technology firms in the area. Fast 500 Selection and Qualifications The Fast 500 list is compiled from Deloitte's 19 regional North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have had 1999 operating revenues of at least $50,000 USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. and $75,000 CD for 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. and Canada, respectively; and 2003 operating revenues must be at least $1 million USD or CD. Entrants must also be public or private companies headquartered in North America and must be a "technology company," defined as a company that owns proprietary technology 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 in a unique way does not qualify. About Courion Courion Corporation provides award-winning self-service identity management solutions in Identity Management Suite(TM). Over 235 enterprise customers worldwide including 50 of the FORTUNE 500 utilize the Suite to securely automate routine, manual processes for user provisioning, password management, industry and regulatory compliance, profile management and digital certificate management. By leveraging the existing infrastructure and integrating disparate workflows within the enterprise, Courion solutions d rive rive v. rived, riv·en also rived, riv·ing, rives v.tr. 1. To rend or tear apart. 2. To break into pieces, as by a blow; cleave or split asunder. 3. operational efficiency, optimize user productivity, strengthen security, reduce costs and ensure efficiency in achieving policy compliance. For more information, contact Courion's headquarters in Framingham, MA, USA at 508-879-8400 or visit www.courion.com. About Deloitte Deloitte refers to one or more 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 Swiss Verein A Swiss Verein ("Verein" is German for "Union") is a legal structure in Swiss law. It is similar to the Anglo-American voluntary association. Unlike Germany, a Swiss Verein does not need to be registered in order to have a separate legal personality. Most Swiss NGOs resp. , its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu," or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein. Deloitte & Touche USA LLP LLP - Lower Layer Protocol is the U.S. member firm of Deloitte Touche Tohmatsu. In the U.S., services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Tax LLP, and their subsidiaries), and not by Deloitte & Touche USA LLP. Courion, AccountCourier, PasswordCourier and ComplianceCourier are registered trademarks or trademarks of Courion Corporation. All other company and product names may be trademarks of their respective owners. |
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