CrossKeys Ranked Among Fastest Growing Technology Companies.KANATA, ONTARIO--(BUSINESS WIRE)--Sept. 16, 1999-- CrossKeys Systems Corporation (Nasdaq: CKEY; TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : CKY CKY Camp Kill Yourself (band) CKY Conakry, Guinea - Conakry (Airport Code) ), announced today that it was recognized as one of the 50 fastest-growing technology companies by The National Post Fast 50. The National Post Fast 50, co-sponsored by Deloitte and Touche, is an awards program similar to the Technology Fast 50 and Technology Fast 500 in the United States. It identifies the Canadian high technology companies with the most explosive five-year revenue growth from 1994-1998. In that period, CrossKeys went from annual revenues of $2.9 million in 1994 to $38.7 million in 1998. This represents growth over the period of 1,230 per cent. CrossKeys was 23 in the overall list of companies. "CrossKeys performance is linked to the explosive growth of the Internet and business use of telecommunications," says Ian McLaren, President and Chief Executive Officer, CrossKeys. "Five years ago, we were pioneers in developing the software that assures businesses receive the telecommunications services they need. Today, we are maturing that product and are again at the leading edge, this time with software that enables multi-vendor networks to work together." Prior to becoming a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. , CrossKeys was named one of Canada's 50 Best Managed Private Companies in 1995. In 1996, CrossKeys was presented with the Canadian Advanced Technology Association (CATA Cat´a 1. The Latin and English form of a Greek preposition, used as a prefix to signify CrossKeys Systems Corporation (www.crosskeys.com) develops software that helps service providers manage the equipment and traffic on their telecom networks so they can operate more efficiently and provide better service to their customers. Through its relationships with leading systems integrators such as EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. , equipment manufacturers such as Nortel and Newbridge, and other software vendors, CrossKeys serves over 180 telecommunication service providers worldwide. CrossKeys has been ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001 certified since 1995. CrossKeys Systems Corporation is a public company whose common shares are listed for trading on Nasdaq (CKEY) in the United States and on The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. (CKY) in Canada. CrossKeys and its logo are registered trade marks TRADE MARKS. Signs, writings or tickets put upon manufactured goods, to distinguish them from others. 2. It seems at one time to have been thought that no man acquired a right in a particular mark or stamp. 2 Atk. 484. of CrossKeys Systems Corporation. All other trade marks are the property of their respective holders and are acknowledged by CrossKeys Systems Corporation. |
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