DSET Named "Hot Growth" Company by Business Week Magazine.Business Editors BRIDGEWATER, NJ--(BUSINESS WIRE)--May 26, 2000 DSET DSET Desert Sunshine Exposure Testing Inc. Corporation (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 : DSET), a leading supplier of business-to-business e-commerce connectivity solutions for the telecom industry, announced today that it has been named one of the nation's top 100 "hot growth" companies by Business Week magazine. As explained in the May 29 issue of Business Week, winning a spot on this list of companies with $25 million to $500 million in annual sales requires outstanding performance in three areas -- three-year results in sales growth, earnings growth, and return on invested capital. DSET has achieved more than 50% growth in sales and profits and over 16% return on capital for the three-year period. "This recognition is another indicator of DSET's solid, dynamic presence in the competitive telecom market as the leader in operations support system interconnection in·ter·con·nect v. in·ter·con·nect·ed, in·ter·con·nect·ing, in·ter·con·nects v.intr. To be connected with each other: The two buildings interconnect. v.tr. software," said Bruce Crowell, DSET vice president and chief financial officer. "It also validates our strategy for achieving consistent, substantial growth in both revenues and profitability and maintaining a high return on capital in what is often a volatile business environment." About DSET: DSET Corporation is a leading provider of business-to-business e-commerce connectivity solutions for the global telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. marketplace. The DSET suite of electronic-bonding gateways is designed to interconnect (1) To attach one device to another. (2) A physical port (plug, socket) or wireless port (transmitter, receiver) used to attach one device to another. the operations support systems Operations Support Systems (also called Operational Support Systems or OSS) are computer systems used by telecommunications service providers. The term OSS most frequently describes "network systems" dealing with the telecom network itself, supporting processes such (OSSs) of service providers that must exchange information and share network capabilities with trading partners to provision and maintain a growing range of services for customers in the competitive telecom market. DSET's local number portability "LNP" redirects here. For the airport in Virginia with that IATA code, see Lonesome Pine Airport. For the compound InP, see Indium phosphide. Local number portability, (LNP) for fixed lines, and full mobile number portability solutions play a key role in enabling business and residential customers to change service providers without changing their local phone numbers. DSET is headquartered in Bridgewater, New Jersey, and the company's Web site can be viewed at www.dset.com. Statements regarding financial matters contained in this press release, other than historical facts, are forward-looking. Since all statements about DSET's plans, estimates, and expectations are based on current projections that involve risks and uncertainties, and are subject to change at any time, the company's actual results may differ materially from expected results. Investors should consider these risks and uncertainties, which are discussed in documents filed by DSET with the Securities and Exchange Commission. These documents identify important factors that could cause the actual results to differ materially from those contained in the projections or forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . DSET expressly disclaims any obligation to update any forward-looking statements. DSET and the DSET logo are registered trademarks of DSET Corporation. All other trademarks are the property of their respective owners. |
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