Deloitte & Touche Reveals Fastest Growing Technology Companies in Texas; Technology Fast 50 Winners Experience Average Revenue Growth of 2,908 Percent.Business Editors/High-Tech Writers DALLAS--(BUSINESS WIRE)--Sept. 15, 2003 The fastest-growing technology companies in Texas were announced today by Deloitte & Touche LLP LLP - Lower Layer Protocol . The Texas Crescent crescent, emblematic representation of the quarter moon. The crescent and star, ancient Byzantine symbols that became the emblems of Constantinople, were also assumed as the standard of the Ottoman Turks. Technology Fast 50 is the only awards program that ranks technology companies located throughout Texas by revenue growth over a five-year period. The Fast 50 program is presented by Deloitte & Touche, in association with Haynes and Boone Haynes and Boone, LLP is one of the largest and fastest-growing law firms in the United States. It has grown from a handful of lawyers in 1970 to more than 450 lawyers in 2007. The firm is based in Dallas, Texas, and as of 2007 has more than 25 legal practice areas. . "The Technology Fast 50 program highlights the strength and positive future of the technology sector in Texas," said Skip Moore Moore, city (1990 pop. 40,761), Cleveland co., central Okla., a suburb of Oklahoma City; inc. 1887. Its manufactures include lightning- and surge-protection equipment, packaging for foods, and auto parts. , Regional Managing Partner of Technology, Media & Telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. for Deloitte & Touche. "Technology innovation is here to stay, and Fast 50 companies are leading the world in new, breakthrough innovation and real-world solutions." Topping the list is Sage Telecom Sage Telecom, Inc was founded in 1996 as a CLEC reselling telecommunications primarily in rural markets served by SBC Communications. Currently the company provides local phone service, local bundled phone service and dial up internet access in Arkansas, California, Connecticut, , Inc., of Allen Al·len , Edgar 1892-1943. American anatomist who is noted for his studies of hormones and for the discovery (1923) of estrogen. with a revenue growth rate of 69,914 percent over five years moving from $268,000 in 1998 to $187,637,000 in 2002. Sage Telecom is a competitive local exchange carrier dedicated to serving residential and business customers with a full range of local and long distance services. Second on the Texas Crescent Technology Fast 50 is Allegiance allegiance, in political terms, the tie that binds an individual to another individual or institution. The term usually refers to a person's legal obligation of obedience to a government in return for the protection of that government, although it may have reference Telecom, Inc., of Dallas with a growth rate of 7,778 percent over five years. Allegiance Telecom is a facilities-based integrated communications provider (ICP (1) (Internet Cache Protocol) A protocol used by one proxy server to query another for a cached Web page without having to go to the Internet to retrieve it. See CARP and proxy server. ) that offers small to medium-sized business customers a competitive, one-stop-shopping package of telecommunications services In telecommunication, the term telecommunications service has the following meanings: 1. Any service provided by a telecommunication provider. 2. , including local, long distance and a full suite of Internet services. Third on the list is The Planet Internet Planet Internet is one of the largest internet service providers (ISPs) in the Netherlands. Planet Internet is a brand of the Planet Media Group, which is a subsidiary of KPN. Planet Internet opened office in 1995, offering services such as internet access and content. Services, Inc., of Dallas with a growth rate of 6,611 percent over five years. The Planet Internet Services is a leading provider of managed hosting and value-added data center services focused on providing facilities based IT outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. solutions. Motive motive or motif (mōtēf`), in music, a short phrase or passage of two or more notes and repeated or elaborated throughout the composition. The term is usually used synonymously with figure. Communications of Austin ranked fourth with a growth rate of 3,749 percent over five years. Motive is a leading provider of service management software for Global 1000 businesses. Rounding out the top five is Luminex Corporation of Austin with a growth rate of 3,270 percent over five years. Luminex develops, manufactures and markets proprietary biological testing technologies with applications throughout the life sciences industry. The Technology Fast 50 winners are as follows:
5 Yr. %
Rank Company Name City Growth Ticker
1 Sage Telecom, Inc. Allen 69,914% Private
2 Allegiance Telecom, Inc. Dallas 7,778% ALGXQ
3 The Planet Internet Services, Inc.Dallas 6,611% Private
4 Motive Communications Austin 3,749% Private
5 Luminex Corporation Austin 3,270% LMNX
6 Silicon Laboratories Austin 3,145% SLAB
7 Synhrgy HR Technologies, Inc. Houston 2,977% Private
8 WorldLink, Inc. Richardson 2,547% Private
9 Perficient, Inc. Austin 2,377% PRFT
10 Retractable Technologies, Inc. Little Elm 2,301% RVP
11 Global HealthNet, Inc. Dallas 2,185% Private
12 iDial Networks, Inc. The Woodlands 2,105% IDNW
13 DataCert, Inc. Houston 1,986% Private
14 True Automation Inc. Plano 1,911% Private
15 Lexicon Genetics Inc. The Woodlands 1,471% LEXG
16 Active Power, Inc. Austin 1,372% ACPW
17 TECSys Development, LP Plano 1,252% Private
18 Crossroads Systems, Inc. Austin 959% CRDS
19 MarketNet, Inc. Dallas 924% Private
20 Vignette Corporation Austin 857% VIGN
21 Crown Castle International Corp. Houston 697% CCI
22 Claimsnet.com inc. Dallas 612% CLAI
23 MapFrame Corporation Dallas 572% Private
24 Pegasus Solutions, Inc. Dallas 539% PEGS
25 WorldQuest Networks, Inc. Dallas 523% WQNI
26 Eagle Broadband, Inc. League City 518% EAG
27 Optimal Solutions Integration,
Inc. Irving 472% Private
28 Tyler Technologies, Inc. Dallas 471% TYL
29 Digital Generation Systems, Inc. Irving 461% DGIT
30 Innovative Managed Care Systems,
Ltd. Dallas 388% Private
31 SigmaTel, Inc. Austin 386% Private
32 Software Professionals, Inc. Irving 380% Private
33 Cyberonics, Inc. Houston 370% CYBX
34 Encysive Pharmaceuticals, Inc. Houston 363% ENCY
35 Multimedia Games, Inc. Austin 313% MGAM
36 Intrusion Inc. Richardson 308% INTZ
37 TimeVision, Inc. Irving 265% Private
38 MicroMain Corporation Austin 248% Private
39 NetSolve, Incorporated Austin 233% NTSL
40 Encore Medical Corporation Austin 229% ENMC
41 Digital Recorders, Inc. Dallas 217% TBUS
42 T-NETIX, Inc. Carrollton 214% TNTX
43 Benchmark Electronics Angleton 211% BHE
44 Carreker Corporation Dallas 189% CANI
45 Advanced Neuromodulation Systems,
Inc. Plano 185% ANSI
46 Merrick Systems Inc. Houston 185% Private
47 Synertech L.P. Houston 174% Private
48 Property Automation Software
Corporation Richardson 163% Private
49 Affiliated Computer Services Dallas 158% ACS
50 Dell Inc. Round Rock 153% DELL
Winners are selected based on the percentage of growth in revenues from 1998 to 2002. To be considered, Fast 50 entrants must have met the following criteria: Have operating revenues operating revenue Revenue from any regular source. Revenue from sales is adjusted for discounts and returns when calculating operating revenue. Compare other revenue. of at least $50,000 in 1998 and at least $1,000,000 in 2002. Be public or private companies, headquartered in Texas. Subsidiaries and divisions are not eligible, unless they have some public ownership and are separately traded. Be a "technology company" defined as owning proprietary technology that contributes to a significant portion of the company's operating revenues (using other companies' technology in a unique way does not qualify); and/or devoting a significant proportion of revenues to research and development of technology. Rising Stars Also Named A special category called "Rising Stars" recognizes the fastest growing technology companies in Texas based on revenue growth over three years (2000-2002). There were six companies announced in this category. Company Name City 3 Yr. % Growth Ticker NetBotz(R), Inc. Austin 1,986% Private BizNet Software, Inc. Irving 1,877% Private Terion, Inc. Plano 1,342% Private C I Host Bedford 690% Private Handango, Inc. Hurst 377% Private PHNS Addison 329% Private The Fast 50 program is presented by Deloitte & Touche, in association with Haynes and Boone. About Deloitte & Touche Deloitte & Touche, one of the nation's leading professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. firms, provides assurance and advisory, tax, and management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects services through nearly 30,000 people in more than 80 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for innovative human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. programs, Deloitte & Touche has been recognized as one of the "100 Best Companies to Work For in America" by Fortune magazine for six consecutive years. Deloitte & Touche refers to Deloitte & Touche LLP and related entities. Deloitte & Touche is the U.S. national practice of Deloitte Touche Tohmatsu Deloitte & Touche (also referred to as Deloitte Touche Tohmatsu, and branded as Deloitte.) is the second largest professional services firm in the world, and one of the Big Four auditors, along with PricewaterhouseCoopers, Ernst & Young and KPMG. . Deloitte Touche Tohmatsu is a Swiss Verein A Swiss Verein ("Verein" is German for "Union") is a legal structure in Swiss law. It is similar to the Anglo-American voluntary association. Unlike Germany, a Swiss Verein does not need to be registered in order to have a separate legal personality. Most Swiss NGOs resp. , and each of its national practices is a separate and independent legal entity. For more information, please visit Deloitte & Touche's web site at www.deloitte.com/us. About Haynes and Boone Haynes and Boone, L.L.P. is an international law firm with nine offices throughout Texas, Washington, D.C. and Mexico City Mexico City Spanish Ciudad de México City (pop., 2000: city, 8,605,239; 2003 metro. area est., 18,660,000), capital of Mexico. Located at an elevation of 7,350 ft (2,240 m), it is officially coterminous with the Federal District, which occupies 571 sq mi providing a full spectrum of legal services legal services n. the work performed by a lawyer for a client. to clients around the world. With more than 425 attorneys, Haynes and Boone is ranked among the largest law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
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