Deloitte & Touche and Hale and Dorr LLP Announce Ranking of New England's Fastest Growing Technology Companies.Business/Technology Editors BOSTON--(BUSINESS WIRE)--Oct. 15, 2001 Z Corporation Recognized as #1 Company with Five-Year Revenue Growth Rate of 20,044 Percent As part of the 2001 New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. Technology Fast 50 program, Deloitte & Touche and Hale and Dorr n. 1. The dorbeetle; also, a drone or an idler. See 1st Dor. v. t. 1. To deceive. [Obs.] See Dor, v. t. os> 2. To deafen with noise. LLP LLP - Lower Layer Protocol today announced Z Corporation as New England's fastest-growing technology company, with an impressive five-year revenue growth rate of 20,044 percent. 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. Marina Marina “a piece of virtue.” [Br. Lit.: Pericles] See : Virtuousness Hatsopoulos leads the Burlington Burlington, town, Canada Burlington, town (1991 pop. 129,575), SE Ont., Canada, on Lake Ontario. First settled (1798) by Mohawk Loyalist Joseph Brandt, Burlington's economy was built on the shipment of wheat, lumber, and quarried rock by waterway. , MA-based Z Corporation. The company manufactures office compatible 3-D printers that quickly and inexpensively in·ex·pen·sive adj. Not high in price; cheap. in ex·pen sive·ly adv. produce real physical models directly from CAD CAD: see computer-aided design. (Computer-Aided Design) Using computers to design products. CAD systems are high-speed workstations or desktop computers with CAD software. data. The 2001 New England Technology Fast 50 program is an annual award program that ranks New England's fastest-growing technology companies based on five-year revenue growth (1996 - 2000). William William, crown prince of Germany William or Frederick William, 1882–1951, crown prince of Germany, son of William II. In World War I he commanded (1914) an army on the Western Front and was nominal commander in the German attack F. Lee, managing partner of Hale and Dorr LLP and co-chair of the New England Technology Fast 50, commented, "The Fast 50 demonstrates, once again, that technology is relentless and moves forward even in difficult economic times. Even with a resurgence re·sur·gence n. 1. A continuing after interruption; a renewal. 2. A restoration to use, acceptance, activity, or vigor; a revival. in the biotechnology sector, a computer/peripheral company has soared to the top of the list. The constant progress of technology and those companies developing it will ensure the long term economic health of New England." "To become one of the 50 fastest-growing technology companies in New England takes tremendous leadership and long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. vision to identify and deliver real-world solutions that succeed in an ever-changing Adj. 1. ever-changing - marked by continuous change or effective action changing dynamic, dynamical - characterized by action or forcefulness or force of personality; "a dynamic market"; "a dynamic speaker"; "the dynamic president of the firm" technology environment," commented Stephen Stephen, 1097?–1154, king of England (1135–54). The son of Stephen, count of Blois and Chartres, and Adela, daughter of William I of England, he was brought up by his uncle, Henry I of England, who presented him with estates in England and France and J. DiPietro, co-chair of the Fast 50 program and a partner in Deloitte & Touche's Technology and Communications Practice. "As the number one company in New England's Fast 50 program, Z Corporation has delivered on its vision, and in doing so, has impacted the way people do business," said DiPietro. The physical models produced by Z Corporation's 3-D printers can be handled, reviewed and exchanged to enhance communication in the product design and development process. Other industries represented in the 2001 New England Fast 50 include software, Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the , infrastructure, biotechnology, semiconductors, communications/networking and medical/scientific devices. Fast 50 companies must have 1996 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 and 2000 operating revenues of at least $1,000,000; must be a technology company based in New England, and be in business a minimum of five years. The finalists are eligible to compete in the "Technology Fast 500," also sponsored by Deloitte & Touche, and ranking North America's top 500 fastest growing technology companies. Technology companies in business a minimum of three years are eligible for the Rising Star award. This year's New England Technology Fast program is also sponsored by Mazonson and Nasdaq, in association with Mass High Tech and Trinity Trinity, doctrine in Christianity Trinity [Lat.,=threefoldness], fundamental doctrine in Christianity, by which God is considered as existing in three persons. Communications. 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 30,000 people in more than 100 U.S. cities. The New England Deloitte & Touche Technology & Communications practice provides strategic, financial, operational, and information technology assistance to the region's technology companies at every stage of development, from early-stage startups to multi-national corporations. For more information, please visit www.us.deloitte.com. About Hale and Dorr LLP Hale and Dorr is the nation's preeminent pre·em·i·nent or pre-em·i·nent adj. Superior to or notable above all others; outstanding. See Synonyms at dominant, noted. [Middle English, from Latin prae technology law firm with more than 500 lawyers and offices in Boston, New York Boston is a town in Erie County, New York, United States. The population was 7,897 at the 2000 census. The town is named after Boston, Massachusetts. The Town of Boston is an interior town of the county and one of the county's "Southtowns. , Princeton, Reston, Waltham and Washington as well as joint venture offices in London, Munich and Oxford. The firm is widely recognized in its representation of technology clients and for its expertise in the areas of venture capital, initial public offerings, intellectual property and securities and intellectual property litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. . The firm's full-service practice also includes tax, commercial, labor and employment, real estate, environmental, government and regulatory affairs Regulatory Affairs (RA), also called Government Affairs, is a profession within regulated industries, such as pharmaceuticals, medical devices, energy, and banking. Regulatory Affairs professionals usually have responsibility for the following general areas: About Mazonson Inc. Mazonson is a regional insurance brokerage and risk management firm specializing in developing and implementing risk management and benefits programs for high growth companies. About Nasdaq The Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. lists over 4,300 companies and trades more shares per day than any other U.S. market. For more information about Nasdaq, visit the Nasdaq Web site at www.nasdaq.com or Nasdaq Newsroom at www.nasdaqnews.com. About Mass High Tech Mass High Tech, The Journal of New England Technology is a weekly technology journal serving the executives and management-level engineers of New England's innovation and technology industries. About Trinity Communications Headquartered in Boston, Trinity Communications (www.trinitynet.com) provides integrated marketing communications Integrated Marketing Communications Definition The American Marketing Association suggests that integrated marketing communications (IMC) is “a planning process designed to assure that all contacts received by a customer or prospect for a product, service, or services to e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. , business-to-business, and service industry companies. Capabilities include corporate identity, brand strategy, interactive media, public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most , advertising, and sales promotion. For more information on the Technology Fast 50 or Fast 500 programs, visit www.fast50.com.
The New England Technology 2001 Fast 50
Rank Company Name Type of Business City State 5 Yr %
Growth
1 Z Corporation Computers/
Peripherals Burlington MA 20,044%
2 Video Network Communications/
Communications Networking Portsmouth NH 10,726%
3 Be Free! Inc. Internet Marlborough MA 9,943%
4 Lighthouse Computer Software
Services, Inc. Lincoln RI 7,282%
5 Praecis Biotechnology
Pharmaceuticals,
Inc. Waltham MA 6,885%
6 BURST! Media, LLC Internet Burlington MA 6,692%
7 Terra-Lycos, Inc. Internet Waltham MA 5,435%
8 Macromedia Software Newton MA 4,959%
9 Advanced Magnetics, Medical/Scientific/
Inc. Technical Cambridge MA 4,627%
10 BioPure Corporation Medical/Scientific/
Technical Cambridge MA 4,214%
11 NetGenesis Software Cambridge MA 4,154%
12 ATG Internet Cambridge MA 4,086%
13 Zaiq Technologies Semiconductors/
Equipment Woburn MA 3,621%
14 SpeechWorks Software
International, Inc. Boston MA 3,428%
15 Breakaway Solutions,Internet
Inc. Maynard MA 2,860%
16 Network Engines, Computer/
Inc. Peripherals Canton MA 2,743%
17 Student Advantage Internet Boston MA 2,675%
18 Framework Software
Technologies Corp. Burlington MA 2,670%
19 ImmunoGen, Inc. Biotechnology Cambridge MA 2,588%
20 Aspect Medical Medical/Scientific/
Systems, Inc. Technical Newton MA 2,494%
21 Pragmatech Software,Software
Inc. Amherst NH 2,127%
22 Granite Systems, Software
Inc. Manchester NH 2,103%
23 TECHMAR Software Canton MA 1,904%
24 Unica Corporation Software Lincoln MA 1,879%
25 CYTYC Corporation Medical/Scientific/
Technical Boxborough MA 1,633%
26 Eprise Corporation Software Framingham MA 1,496%
27 Molecular, Inc. Internet Watertown MA 1,493%
28 ProfitLogic Software Cambridge MA 1,383%
29 Authoria, Inc. Software Waltham MA 1,180%
30 Strafford Software
Technology, Inc. Windham NH 1,053%
31 Unique Computing Internet
Solutions, Inc. Framingham MA 1,030%
32 Sapient Corporation Software Cambridge MA 1,029%
33 Basis Technology Software
Corporation Cambridge MA 1,005%
34 I-many, Inc. Software Portland ME 988%
35 eCopy, Inc. Software Nashua NH 945%
36 Corechange, Inc. Software Boston MA 939%
37 Concord Communications/
Communications,Inc. Networking Marlborough MA 916%
38 Infrasoft Software
Corporation Beverly MA 901%
39 Sigma Systems, Inc. Computer/
Peripherals Shrewsbury MA 853%
40 Inverness Medical Medical/Scientific/
Technology Technical Waltham MA 791%
41 Ptech, Inc. Software Quincy MA 787%
42 HCI Systems, Inc. Software Kennebunk ME 781%
43 Foliage Software Software
Systems Burlington MA 770%
44 ArQule, Inc. Medical/Scientific/
Technical Woburn MA 593%
45 Perseus Development Software
Corp. Braintree MA 573%
46 AMICAS, Inc. Medical/Scientific/
Technical Newton MA 528%
47 Millennium Medical/Scientific/
Pharmaceuticals, Technical
Inc. Cambridge MA 518%
48 ACT Manufacturing Semiconductors/
Equipment Hudson MA 507%
49 Corex Technologies Software
Corp. Cambridge MA 504%
50 Physiometrix Inc. Medical/Scientific/
Technical N. Billerica MA 496%
The New England Technology 2001 Rising Stars
Rank Company Name Type of Business City State 3 Yr %
Order Growth
1 iBasis, Inc. Communications/
Networking Burlington MA 2,995%
2 Ektron, Inc. Software Amherst NH 2,281%
3 Passkey.com Software Quincy MA 1,331%
4 Color Kinetics Other
Incorporated Boston MA 1,295%
5 Mapletree Networks Communications/
Networking Norwood MA 714%
6 Telica, Inc. Other Marlborough MA 700%
7 Athenium LLC Software Weston MA 337%
8 Intellicare Medical/Scientific/
Technical S. Portland ME 310%
9 Opticom, Inc. Software Andover MA 299%
10 Front End Solutions, Other
Inc. Beverly MA 217%
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