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Creative Technology Incorporated Named One of Virginia's Fastest Growing Technology Companies in Deloitte & Touche Technology Fast 50 Program.

HERNDON, Va. -- Creative Technology Incorporated has been named to the Deloitte & Touche Technology Fast 50 Program for Virginia for the fourth consecutive year. The rankings, which recognize the 50 fastest growing technology companies in the area, are based on the percentage of growth in revenues for a five-year period from 1997-2001.

Creative Technology's President and CEO James T. Flannery credits the incredible revenue growth over the last five years to the company's commitment to a set of core corporate values and the dedication of its employees. "I am proud that Creative Technology has been recognized once again by Deloitte & Touche as one of the top 50 technology companies in Virginia. This award recognizes the dedication and efforts of each and every Creative Technology employee and further validates our reputation as a premier information technology company," said Flannery.

"The Deloitte & Touche Technology Fast 50 recognizes and honors the fastest growing regional technology companies whose leaders have the vision and determination to beat the odds and build companies that contribute to the world with long term solutions," said Gary Tabach, Director & Partner in Charge, Technology, Media & Telecommunications Practice, Deloitte & Touche.

Creative Technology's increase in revenues of 471 percent over the five- year period of 1997 to 2001 resulted in ranking 28th overall in the Deloitte & Touche Technology Fast 50 for Virginia.

To qualify for the Deloitte & Touche Technology Fast 50, companies must have had operating revenues of at least $50,000 in 1997 and $1,000,000 in 2001; must be public or private companies headquartered in Virginia; and be "technology companies" defined as companies that produce technology, manufacture a technology product, or devote a high percentage of effort to research and development of technology.

Winners of the 20 regional Deloitte & Touche Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte & Touche Technology Fast 500 program, which ranks the North America's top 500 fastest growing technology companies. For more information on the Deloitte & Touche Technology Fast 50 or Fast 500 programs, visit http://www.fast500.com/ .

Founded in 1993, Creative Technology is an IT consulting firm headquartered in Herndon, VA. As a recognized leader in the IT field, Creative Technology offers a complete range of innovative solutions specifically focused on enhancing and extending business for our clients. Creative Technology can be found at http://www.creative-tech.com/ .

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CONTACT: Shelley Guthrie Gates of Creative Technology Incorporated, +1-703-796-1300, ext. 349, sgates@creative-tech.com

Web site: http://www.creative-tech.com/ http://www.fast500.com/
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Publication:PR Newswire
Geographic Code:1U5VA
Date:Oct 11, 2002
Words:428
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