Document Security Systems, Inc. Named to Deloitte's 2008 NY, NJ, CT Technology Fast 50 Ranking of Fastest Growing Companies.ROCHESTER, N.Y. -- Document Security Systems, Inc., (AMEX AMEX See: American Stock Exchange :DMC DMC Devil May Cry (video game) DMC Detroit Medical Center DMC Darryl McDaniels (rapper) DMC Destination Management Company DMC Del Mar College (Corpus Christi, TX) ) a leader in patented protection against counterfeiting and unauthorized copying, scanning and photo imaging, has been named to Deloitte's Technology Fast 50 program for New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , New Jersey and Connecticut. The Fast 50 is a ranking of the 50 fastest-growing companies in the technology, media, and telecommunications and life sciences industry sectors headquartered in New York, New Jersey or Connecticut. Winners, selected from nominations and extensive research, are announced each fall. Now in its second decade, Deloitte's Technology Fast 50 continues to be the pre-eminent barometer of the fastest growing innovators. "We are honored to be named to this prestigious list of companies," said Patrick White Noun 1. Patrick White - Australian writer (1912-1990) Patrick Victor Martindale White, White , 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 Document Security Systems. "Our leading edge IP has been a strong competitive advantage as we have moved forward in our goal of evolving from an IP licensing company to a customer-driven, full-service provider of a wide range of security products and solutions. DMC is the only pure technology play in the rapidly expanding anti-counterfeiting and authentication (1) Verifying the integrity of a transmitted message. See message integrity, e-mail authentication and MAC. (2) Verifying the identity of a user logging into a network. market, and our robust technology platform lends itself to a number of diverse applications that portend por·tend tr.v. por·tend·ed, por·tend·ing, por·tends 1. To serve as an omen or a warning of; presage: black clouds that portend a storm. 2. well for our continued growth." Awards are based on percentage revenue growth over a five-year period. To qualify, companies must own proprietary intellectual property or proprietary technology that contributes to a significant portion of their 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. . Companies must have base-year operating revenues of at least $50,000 USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. , and current-year operating revenues must be at least $5 million USD. Companies are required to submit tax returns or audited financial statements with their nomination to complete their eligibility. Document Security's increase in revenues of 690.37% over the last five years resulted in a number 49 ranking in the Technology Fast 50 for New York, New Jersey and Connecticut. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit www.fast50.com or www.fast500.com. About Document Security Systems, Inc. Document Security Systems is a world leader in the development of optical deterrent technologies that help prevent counterfeiting and brand fraud from the use of the most advanced scanners, copiers and imaging systems in the market. The Company's patented and patent-pending technologies protect valuable documents and printed products from counterfeiters and identity thieves. DMC' customers, which include international governments, major corporations and world financial institutions, use its covert and overt technologies to protect a number of applications including, but not limited to, currency, vital records, brand protection, ID cards, internet commerce, passports and gift certificates. DMCS' strategy is to become the world's leading producer of cutting-edge security technologies for paper, plastic and electronically generated printed assets. More information about Document Security Systems can be found at its websites: www.documentsecurity.com and www.plasticprintingprofessionals.com. |
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