Electronic Systems Technology Named One of Washington State's Fastest Growing Technology Companies in 2004.KENNEWICK, Wash. -- Electronic Systems Technology, Inc. (EST EST electroshock therapy. EST abbr. electroshock therapy ) (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ELST ELST East Lake Sammamish Trail (Washington) ), has been named to Deloitte's prestigious Technology Fast 50 Program for Washington State, a ranking of the 50 fastest growing technology companies in the area by Deloitte & Touche LLP LLP - Lower Layer Protocol , 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, Perkins Coie and Comerica. Rankings are based on the percentage of growth in fiscal year revenues over five years, from 1999-2003. [R][sup.3]To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 1999 and $1,000,000 in 2003, must be public or private companies headquartered in North America, and 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. [R][sup.3]"The Deloitte Washington State Technology Fast 50 companies have shown the strength, vision and temerity te·mer·i·ty n. Foolhardy disregard of danger; recklessness. [Middle English temerite, from Old French, from Latin temerit to succeed despite a very challenging technology environment," said Larry Hile of Deloitte's Seattle office. "We applaud the successes of Electronic Systems Technology and acknowledge their place as one of the very few to accomplish such a fast growth rate over the past five years." [R][sup.3]Tom Kirchner, President, credits his staff and distributor network with the Company's 67 percent revenue growth from 1999 to 2003 that resulted in a 38th ranking in the Fast 50 for Washington State. [R][sup.3]About EST [R][sup.3]Electronic Systems Technology, a publicly held Corporation since 1984, was the first company to develop the wireless modem and receive the United States and Canadian patents for this technology. EST manufactures the ESTeem product line of narrow band, licensed, spread spectrum unlicensed, and long range Ethernet unlicensed wireless radio modem products using the 802.11b, g and a protocols that are used worldwide in the Industrial, Law Enforcement, and Federal markets. Contact EST Marketing for more details. [R][sup.3]About Deloitte [R][sup.3]Deloitte, one of the nation's leading professional services firms, provides audit, tax, financial advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal and consulting through nearly 30,000 people in more than 80 U.S. cities. Known as an employer of choice for innovative human resources programs, the firm is dedicated to helping its clients and its people excel. "Deloitte" refers to the associated partnerships of Deloitte & Touche USA LLP (Deloitte & Touche LLP and Deloitte Consulting LLP) and subsidiaries. Deloitte is the US member firm 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. . For more information, please visit Deloitte's web site at www.deloitte.com/us. |
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