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NetGenesis Named One of New England's Fastest Growing Technology Companies; Attribute Leadership in E-Customer Intelligence To its 2,150 Percent Revenue Growth.


Business/Technology Editors

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sept. 15, 2000

NetGenesis 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 2000, a ranking of the 50 fastest-growing technology companies in the area. Rankings are based on five-year revenue growth (1995-1999). The program is co-sponsored by the professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products.  firm of Deloitte & Touche and the law firm of Hale and Dorr LLP LLP - Lower Layer Protocol , in association with Mass High Tech, the Journal of New England Technology.

NetGenesis 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.  Larry Bohn credits multiple partnerships and customer wins with the company's 2,150 percent revenue growth over the past five years. He said, "Our strength and longevity in an increasingly competitive high tech market can be attributed to our pioneering and innovative technology and consulting services, our strategic partnerships with industry leading technology and service providers and our consistent dedication to helping customers understand the power of their online businesses to succeed in the Net economy."

"The definition of success in the technology marketplace is an elusive, forward-moving target. While it can be measured in many ways, it is pretty clear that the Fast 50 have made a definite impact on the marketplace and on the New England economy-at-large. Congratulations to NetGenesis for achieving this impressive benchmark of success," said Steve DiPietro, a partner with Deloitte & Touche and Co-chair of the 2000 New England Technology Fast 50 program.

"Each year, it becomes more difficult to achieve recognition in the technology field. On behalf of Hale and Dorr, I congratulate NetGenesis for its innovation and its success, and for joining the prestigious ranks of the 2000 Technology Fast 50," said William F. Lee, managing partner of Hale and Dorr LLP and Co-chair of the 2000 New England Technology Fast 50 program.

NetGenesis' increase in revenues of 2,150 percent over the five-year period of 1995 to 1999 resulted in a #16 ranking overall in the Fast 50 for New England.

To qualify for the 2000 Fast 50 program, companies must have had operating revenues of at least $50,000 in 1995 and a minimum of $1 million in operating revenues in 1999; may be public or private; and must be headquartered in the region. To be considered for an award, the company must produce technology, manufacture a technology product, be technologically intensive, use technology in problem solving problem solving

Process involved in finding a solution to a problem. Many animals routinely solve problems of locomotion, food finding, and shelter through trial and error.
, or devote a high percentage of effort to the research and development of technology.

All nominees of the 22 regional U.S. and Canadian Fast 50 programs are automatically entered in the Deloitte & Touche Technology Fast 500 program, which ranks North America's top 500 fastest-growing technology companies.

For more information on Deloitte & Touche, visit the web site at www.us.deloitte.com. For more information on Hale and Dorr LLP, visit the web site at www.haledorr.com. For more information on Mass High Tech, visit the web site at www.masshightech.com.

About NetGenesis

NetGenesis, the leader in e-customer intelligence, helps businesses leverage the Web to succeed in the Net economy. Through an unmatched combination of software and consulting services, NetAnalysis offers the sharpest picture of online customers, revealing behavior patterns critical to e-business success. The company's core product transforms e-customer data into effective marketing initiatives and provides a unique drill-down capability that allows users to answer vital business questions. Over 400 Fortune 1000 and Internet-enabled companies use NetAnalysis including Bell Atlantic, Charles Schwab Charles Schwab can refer to:
  • Charles M. Schwab, founder of Bethlehem Steel.
  • Charles R. Schwab, founder of the brokerage.
  • Charles Schwab Corporation, the brokerage.
, 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.  and Lucent Technologies. Based in Cambridge, Mass., NetGenesis is a strategic partner with industry leaders such as Art Technology Group, Annuncio, DoubleClick, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Interwoven in·ter·weave  
v. in·ter·wove , in·ter·wo·ven , inter·weav·ing, inter·weaves

v.tr.
1. To weave together.

2. To blend together; intermix.

v.intr.
, Oracle, the Sun-Netscape Alliance (Sun-Netscape Alliance, Santa Clara, CA) A joint venture of Sun and Netscape to market Netscape's Web-based software products. The Alliance was formed when AOL acquired Netscape in 1999 to take advantage of the fact that the bulk of Netscape software was already running on Sun hardware.  and Vignette. NetGenesis was recently recognized by Software Magazine to the Software 500 list for 2000 and has been named to the "New England Technology Fast 50" for 2000, a ranking of the 50 fastest-growing technology companies in the area. For more information contact 617-665-9200 (United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. ), +44 1638 660 843 (United Kingdom) or visit http://www.netgen.com.

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 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 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 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
. 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 then 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. For more information, visit Mass High Tech online at www.masshightech.com.
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Publication:Business Wire
Geographic Code:1USA
Date:Sep 15, 2000
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