DOCUMENTUM Honored With Award For Fastest Growing Silicon Valley Software Company; Deloitte & Touche and Joint Venture: Silicon Valley Network name document management leader in this years Fast 50.PLEASANTON Pleasanton, city (1990 pop. 50,553), Alameda co., W Calif., a suburb of the San Francisco–Oakland area, in a vineyard and dairy region; inc. 1894. Wine and cheese are produced, and there are publishing and stone-quarrying industries. , Calif.--(BUSINESS WIRE)--Sept. 19, 1997-- DOCUMENTUM, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :DCTM), was named this week by Deloitte & Touche as the fastest growing Silicon Valley software company, with a five-year revenue growth rate of over 8,800%, and as the number three fastest growing high-technology company in the coveted cov·et v. cov·et·ed, cov·et·ing, cov·ets v.tr. 1. To feel blameworthy desire for (that which is another's). See Synonyms at envy. 2. To wish for longingly. See Synonyms at desire. Fast 50 list. For the past three years, Deloitte & Touche and Joint Venture: Silicon Valley Network have sponsored this prestigious award and program of naming the Fast 50. Focusing only on technology companies, the Fast 50 recognizes the tremendous growth and achievements of those companies that have led the booming technology market and the economy. The awards, announced on September 18th, recognize growth over a five-year period showing consistency and performance. The median revenue growth rate for the 50 companies is almost 1,300%, while the average growth rate is 2,750%. DOCUMENTUM, the leading provider of enterprise document management software for intranet and client/server environments A networking environment that is made up of clients and servers running applications designed for client/server architecture. See client/server. , posted an impressive 8,853% growth rate, which placed it in the number three spot overall, and the number one spot among software companies. When asked for his thoughts on growth, Jeff Miller
Jefferson B. "Jeff" Miller (born June 27, 1959), American politician, has been a Republican member of the United States House of Representatives since 2001, representing , 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. and president of DOCUMENTUM, had an insightful response: "Growth is good and necessary, period. Controlled, well-managed growth is better. Controlled, well managed growth that provides value to your customers is best." To sustain DOCUMENTUM's growth, Miller indicated that the top two factors include extending the company's business strategy and retaining the right people to implement the strategy. He looks for people who embrace the company's corporate values focus on customers, excellence, people and teamwork (product, software, tool) Teamwork - A SASD tool from Sterling Software, formerly CADRE Technologies, which supports the Shlaer/Mellor Object-Oriented method and the Yourdon-DeMarco, Hatley-Pirbhai, Constantine and Buhr notations. . Miller added, "Building a company is a great experience. Building the market leader is a REALLY great experience! Through the hard work of our employees and listening to our customers, we have been able to achieve this distinction." About DOCUMENTUM Products The DOCUMENTUM Enterprise Document Management System (EDMS (Electronic Document Management System or Enterprise Document Management System ) See document management. EDMS - Electronic Document Management System ) is an object-oriented, client/server and Web solution that automates and accelerates critical information processes to increase operational efficiency and speed time to market. DOCUMENTUM RightSite, is the Web engine that works in conjunction with the DocPage Server and satisfies the complex challenges of capturing, managing and assembling an organization's frequently changing information on corporate Web sites. About DOCUMENTUM DOCUMENTUM (http://www.documentum.com) develops, markets and supports a family of enterprise document management products that improve the effectiveness of the organization based on a company's business-critical information and proven processes. Headquartered in Pleasanton, DOCUMENTUM sells its products and services worldwide through a direct sales force, systems integrators An individual or organization that builds systems from a variety of diverse components. With increasing complexity of technology, more customers want complete solutions to information problems, requiring hardware, software and networking expertise in a multivendor environment. , and affiliated distributors. DOCUMENTUM is the recognized leader in the document management market, with global customers in the pharmaceutical, process manufacturing The manufacturing industry that uses process control systems. See process control. , computers/electronics, and finance industries. -0- Note To Editors: DOCUMENTUM and the DOCUMENTUM Enterprise Document Management System are trademarks of DOCUMENTUM, Inc. and may be registered in certain jurisdictions. All other company and product names are used for identification purposes only and may be trademarks of their respective owners. CONTACT: DOCUMENTUM, Inc. Sharon McNeill, 510/463-6800 smcneill@documentum.com or Niehaus Ryan Group, Inc. Carla Schlemminger, 650/827-7077 carla@nrgpr.com |
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