Cypress Software Systems Wins a Titan Fast 50 Award for One-Year Growth Category.NORTH RICHLAND HILLS, Texas North Richland Hills is a city in Tarrant County, Texas, United States. The population was 55,635 at the 2000 census. In 2006, North Richland Hills was selected as the one of the "Top 100 Best Places to live in America" according to Money magazine. -- Cypress Software Systems, LP has been named a Titan Fast 50 recipient at the Tech Titan/Titan Fast 50 Awards gala and ceremony held on Friday, Aug. 20, 2004, at the Charles W. Eisemann Center in Richardson, Texas Richardson is a suburb in Dallas County and Collin County, Texas. As of the 2000 census, the city had a total population of 91,803, while according to a 2006 estimate, the population had grown to 99,200. . The Tech Titan/Titan Fast 50 event honors outstanding technology businesses and individuals in the North Texas area. The award, presented by the Metroplex Technology Business Council (MTBC MTBC Metroplex Technology Business Council (Texas) MTBC mycobacterium tuberculosis complex MTBC Malaysian Tenpin Bowling Congress MTBC Mitsubishi Trust and Banking Corporation MTBC Mean Time Between Cleans MTBC Mountain Biking Club ) in Richardson recognized Cypress for its stellar one-year revenue growth of more than 100 percent from 2002 to 2003. The Titan Fast 50 awards recognize the 50 fastest growing technology companies in the Dallas-Fort Worth area, based on percentage revenue growth over 5 years (1999 to 2003) as well as percentage revenue growth over one year (2002 to 2003). The Tech Titan awards honor companies and individuals that develop or use technology in a unique and innovative way, as well as individuals who have excelled at contributing to and promoting the growth of the technology industry in the Dallas/Fort Worth Metroplex The Dallas–Fort Worth–Arlington metropolitan area, a title designated by the U.S. Census as of 2003, encompasses 12 counties within the U.S. state of Texas. The metropolitan area is further divided into two metropolitan divisions: Dallas–Plano–Irving and North Texas region. "This is a terrific recognition of our accomplishments," said Steve Sargent, 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. of Cypress Software Systems, "not just for the past year, but for all the hard work from the Cypress team that got us to this point. Our products and services are gaining significant traction in the marketplace and we are now serving financial institutions in more than 25 states." Cypress' flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , Mark IV, is a cornerstone of the company's growth. It is a behind-the-firewall, network-optimized software solution that provides banks and other finance sources with a user-friendly application data entry point, quick retrieval of credit reports, reconciliation of debt information, and deployment of the finance sources' loan policies. Cypress provides these tools with the goal of speeding a quality credit decision back to the applicant, and assisting the finance sources in maximizing loan portfolio performance. About Cypress Software Systems Headquartered in North Richland Hills, Texas, Cypress Software Systems, LP is a leading developer of automated credit application decision support technologies. The company serves community and regional banks, finance companies and credit unions with loan application decision and tracking tools on par with those used by larger national lending institutions Noun 1. lending institution - a financial institution that makes loans financial institution, financial organisation, financial organization - an institution (public or private) that collects funds (from the public or other institutions) and invests them in . The Company's flagship product, Mark IV, is used by clients nationwide to quickly and consistently process consumer loan applications. Cypress Mark IV offers a flexible, risk-based processing approach that includes tracking applications from point of entry to point of decision. Web Site: www.go-cypress.com. About MTBC: Founded in 1994 by MCI (1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device. (2) (Microwave Communications Inc. , Nortel Networks (Nortel Networks Limited, Brampton, Ontario, www.nortelnetworks.com) A world leader in telecommunications products, which includes switching, wireless and broadband systems for service providers and carriers, telephones and systems for residential and business users, computer telephony , Fujitsu, and Rockwell International Rockwell International was the ultimate incarnation of a series of companies under the sphere of influence of Willard Rockwell, who had made his fortune after the invention and successful launch of a new bearing system for truck axles in 1919. , the Metroplex Technology Business Council (MTBC) is non-profit 501(c)(6) organization. Membership in the MTBC consists of technology members (80 percent of membership) and provider members (20 percent of membership). Membership is open to all technology companies in the Metroplex. The MTBC is dedicated to fostering a supportive business environment for technology companies and members of the technology community through leadership, advocacy, education and cooperative initiatives. The Tech Titans awards were launched in 2001 by the MTBC. The Tech Titans committee is a group of dedicated volunteers that each year organizes the annual awards ceremony. Judges are drawn from a variety of disciplines in technology, leaders in the area and past winners. For more information, visit www.dfw-tech-titans.com. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion