For 2nd Year in a Row, Molecular Is Among New England Technology Fast 50.Business/Technology Editors WATERTOWN, Mass.--(BUSINESS WIRE)--Aug. 14, 2001 Molecular, a leading Internet professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. firm, has been recognized as part of the prestigious "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" for the second year in a row. The program, which is presented by the professional services firm Deloitte & Touche and the law firm Hale and Dorr LLP LLP - Lower Layer Protocol , and sponsored by Nasdaq, in association with Mass High Tech, the Journal of New England Technology, is a ranking of the 50 fastest growing technology companies in New England. Rankings are based on revenue growth over the last five years. Molecular has seen a 1,583% increase in revenue over that time period. Molecular Co-Founder, President and 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. Ralph Folz credits the Fast 50 honor to both Molecular's hard working staff and the company's dedication to its clients. "It is great to be recognized in a program that rewards growth over a long period," Folz said. "All of our strategic decisions are made with the long-term in mind. Our business model is supported by a staff of highly talented professionals that have always treated our clients with care and dedication. It is our simple secret to success." To qualify for the Fast 50, a company must have been in business a minimum of five years, with 1996 operating revenue 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 revenue of at least $1 million. It must be a technology company, strictly defined as one that develops proprietary technology, which contributes to a significant portion of the company's operating revenues; manufactures a technology-related product; devotes a high percentage of effort to research and development of technology; or uses proprietary technology to significantly improve the delivery of technology services. To qualify for the New England Technology Fast 50 program, the company must also be headquartered in one of the six New England states. Molecular's exact rank among the other companies on the Fast 50 list will be announced at a Fast 50 awards ceremony to be held in September. About Molecular Molecular, formerly known as Tvisions, Inc., is an Internet services company that optimizes technology to meet the business needs of Global 1000 companies. Throughout each project, Molecular unites its Digital Strategy, Technology and User Experience expertise to ensure the highest quality solutions for its clients. Clients include global giants such as Fidelity Investments Fidelity Investments is a group of privately held companies in the financial services industry. It is made up by two independent but closely cooperating companies, Fidelity Management and Research Corporation (FMR Co. , Staples, Analog Devices Analog Devices (NYSE: ADI) is an American multinational producer of semiconductor devices. Analog specializes in ADC, DAC, MEMS, and DSP chips for consumer and industrial goods. Analog is presently designing circuits in the 65 nanometer to 3 µm process feature sizes range. , Harvard Business School Publishing Harvard Business School Publishing is a not-for-profit, wholly owned subsidiary of Harvard Business School. It operates as an umbrella corporation to manage a group of publishing products associated with the School, including Harvard Business Review (management journal), Harvard and Deutsche Bank Deutsche Bank AG (IPA: /'dɔɪ.tʃə/[1]) (ISIN: DE0005140008, NYSE: DB) (English: German Bank . Molecular measures its success by the success of the companies it serves. For more information, contact Molecular at http://www.molecular.com or at 617.218.6500 in Boston and 917.472.3200 in 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 . About Deloitte & Touche Deloitte & Touche, one of the nation's leading professional services 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 firm is dedicated to helping its clients and its people excel. Known as an employer of choice for its innovative human resources programs, Deloitte & Touche has been recognized as one of the "100 Best Companies to Work for in America" by Fortune magazine for three consecutive years. Deloitte & Touche is part 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. , one of the world's leading professional services firms, with more than 90,000 people in over 130 countries. For more information, please visit Deloitte & Touche's web site at www.us.deloitte.com. About Hale and Dorr LLP Hale and Dorr LLP is a nationally preeminent high-technology law firm, with over 400 attorneys and offices in Boston, Washington, D.C., Reston, Va., and New York. The firm has a strong reputation for advising and guiding emerging growth companies, especially those in the software, telecommunications and biotechnology industries. For more information, visit the firm's web site at www.haledorr.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. The journal's writers search out innovation and companies working on the "bleeding" edge and then report on their work and its marketplace applications before they make mainstream business news. Most importantly, Mass High Tech profiles and follows the people driving New England's innovation economy. With weekly readership of over 46,000, Mass High Tech's penetration into New England's technology community is unmatched. |
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