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Raindance Communications Tops Deloitte Colorado Technology Fast 50; Technology Fast 50 Winners Experience Average Revenue Growth of 527 Percent.


Business Editors/High-Tech Writers

DENVER--(BUSINESS WIRE)--Oct. 3, 2003

Raindance Communications Raindance Communications Inc., is a US company that provides online meeting, web conferencing and teleconferencing services. Its products include "Raindance Seminar Edition", "Raindance Meeting Edition", "Raindance Web Conferencing Pro", "Raindance Reservationless Conferencing",  tops the list of the fastest growing technology companies in Colorado as recognized by Deloitte, 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. Called the "Colorado Technology Fast 50," the annual award program ranks technology companies headquartered in Colorado by percentage revenue growth over five years.

"The Deloitte Colorado Technology Fast 50 companies have shown the strength and vision to grow despite a challenging technology environment," said Steve Yaroch, lead partner in the Technology, Media, & Telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications.  (TMT TMT 1 Tarsometatarsal 2 Thermomechanical treatment 3 Treatment, see there ) Group of Deloitte in Denver, Colorado. "We commend com·mend  
tr.v. com·mend·ed, com·mend·ing, com·mends
1. To represent as worthy, qualified, or desirable; recommend.

2. To express approval of; praise. See Synonyms at praise.

3.
 them for making the commitment to technology and delivering on the promise of market longevity longevity (lŏnjĕv`ĭtē), term denoting the length or duration of the life of an animal or plant, often used to indicate an unusually long life. ."

Winners are selected based on the percentage of growth in revenues from 1998 to 2002. To be considered, Fast 50 entrants must have met the following criteria: Have revenues of at least $50,000 in 1998 and at least $1,000,000 in 2002. Be public or private companies, headquartered in Colorado. Subsidiaries and divisions are not eligible, unless they have some public ownership and are separately traded. Be a "technology company" defined as owning proprietary technology that contributes to a significant portion of the company's 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.
 (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.

The Technology Fast 50 company ranking is as follows:

                                          5Yr.
   Rank         Company Name            Growth %    City     Ticker

     1  Raindance Communications          8885%   Louisville   RNDC
     2  Quovadx, Inc.                     2704%   Englewood    QVDX
     3  3t Systems, Inc.                  1942%   Denver       Private
     4  eCollege                          1323%   Denver       ECLG
     5  ARC Wireless Solutions            1013%   Wheat Ridge  ARCS
     6  McDATA Corporation                798%    Broomfield   MCDTA
     7  Level 3 Communications            703%    Broomfield   LVLT
     8  NaPro BioTherapeutics, Inc.       590%    Boulder      NPRO
     9  Intelligent Software Solutions    509%    Colorado
                                                  Springs      Private
    10  UnitedGlobalCom, Inc.             495%    Denver       UCOMA
    11  Time Warner Telecom Inc.          471%    Littleton    TWTC
    12  UQM Technologies, Inc.            426%    Frederick    UQM
    13  InfoNow Corporation               412%    Denver       INOW
    14  EchoStar Communications Corp.     391%    Littleton    DISH
    15  Datria Systems, Inc.              390%    Englewood    Private
    16  Rentech, Inc.                     381%    Denver       RTK
    17  ActiveEducation                   293%    Golden       Private
    18  AccuCode, Inc.                    283%    Denver       Private
    19  Gold Systems, Inc.                274%    Boulder      Private
    20  Encision Inc.                     270%    Boulder      ECSN
    21  Encorp, Inc.                      267%    Windsor      Private
    22  FrontRange Solutions Inc.         252%    Colorado
                                                  Springs      Private
    23  Advanced Circuits                 237%    Aurora       Private
    24  Intrado Inc.                      213%    Longmont     TRDO
    25  CCX Corporation                   201%    Lafayette    Private
    26  Clear Blue Engineering, Inc.      189%    Westminster  Private
    27  ACT Teleconferencing, Inc.        183%    Golden       ACTT
    28  TeleTech Holdings, Inc.           176%    Englewood    TTEC
    29  Ramtron International             172%    Colorado
        Corporation                               Springs      RMTR
    30  Applied Films Corporation         171%    Longmont     AFCO
    31  Front Range Internet, Inc.        159%    Fort Collins Private
    32  CSG Systems International, Inc.   158%    Englewood    CSGS
    33  KFx Inc.                          132%    Denver       KFX
    34  SIMTEK Corporation                132%    Colorado
                                                  Springs      SRAM
    35  Webb Interactive Services, Inc.   113%    Denver       WEBB
    36  IntegWare, Inc.                   113%    Fort Collins Private
    37  Cheetah Advanced Technologies     111%    Fort Collins Private
    38  FreeWave Technologies              94%    Boulder      Private
    39  Advanced Energy                    92%    Fort Collins AEIS
    40  Clancy Systems International, Inc. 91%    Denver       CLSI
    41  Decisioneering, Inc.               88%    Denver       Private
    42  Corgenix Medical Corporation       87%    Westminster  CONX
    43  SpectraLink Corporation            73%    Boulder      SLNK
    44  Aspen Systems, Inc.                56%    Wheat Ridge  Private
    45  Spectranetics Corporation          51%    Colorado
                                                  Springs      SPNC
    46  CIVCO Medical Instruments          49%    Boulder      CMED
    47  StarTek, Inc.                      47%    Denver       SRT
    48  Global Med Technologies, Inc.      38%    Lakewood     GLOB
    49  Heska Corporation                  29%    Fort Collins HSKA
    50  Tabernus, LLC                      29%    Lakewood     Private


A special category called "Rising Stars" for companies that are less than five years old recognizes the two fastest growing technology companies based on revenue growth over three years (2000-2002).

  Rank    Company Name               5Yr. Growth % City       Ticker

    1    IBSN, Inc.                      1002%    Lakewood   Private
    2    CaseShare Systems, LLC           667%    Denver     Private


The Fast 50 program is presented by Deloitte, in association with Holme HOLME Handshape, Orientation, Location, Movement, and Expression (sign language)  Roberts & Owen LLP LLP - Lower Layer Protocol  (gold sponsor) and The Denver Business Journal (associate sponsor).

Deloitte

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. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for 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 has been recognized as one of the "100 Best Companies to Work For in America" by Fortune magazine for six consecutive years. "Deloitte" refers to Deloitte & Touche LLP and affiliated entities. 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. . Deloitte Touche Tohmatsu is a Swiss Verein A Swiss Verein ("Verein" is German for "Union") is a legal structure in Swiss law. It is similar to the Anglo-American voluntary association. Unlike Germany, a Swiss Verein does not need to be registered in order to have a separate legal personality. Most Swiss NGOs resp.  (association), and, as such, neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the name "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu" or other related names. The services described herein are provided by the US member firm and not by the Deloitte Touche Tohmatsu Verein. For more information, please visit Deloitte's web site at www.deloitte.com/us.

Deloitte Technology, Media & Telecommunications (TMT) Group

The TMT Group is composed of service professionals who have a wealth of experience serving technology, media and telecommunications companies See telecom company.  throughout the world in areas including cable, communications providers, computers and peripherals, entertainment, media and publishing, networking, semiconductors, software, wireless, and related industries. These specialists understand the challenges that these companies face throughout all stages of their business growth cycle and are committed to helping them succeed. Deloitte is a leader in providing strategic, financial and operational assistance to its technology, media and telecommunications clients.

Holme Roberts & Owen LLP

Holme Roberts & Owen LLP (HRO HRO Housing Referral Office
HRO Rostock (Germany, auto license plate)
HRO Human Resources Outsourcing
HRO Hogeschool Rotterdam (The Netherlands)
HRO Human Resources Office
HRO Ham Radio Outlet
) is an international law firm of over 225 lawyers with offices in Denver, Boulder, Colorado The City of Boulder (, Mountain Time Zone) is a home rule municipality located in Boulder County, Colorado, United States. Boulder is the 11th most populous city in the State of Colorado, as well as the most populous city and the county  Springs, London, Munich, Salt Lake City and San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden .

For more than 100 years, HRO has been known as a firm with integrity that provides outstanding service to its clients in each of its communities. HRO lawyers forge forge

Open furnace for heating metal ore and metal for working and forming, or a workshop containing forge hearths and related equipment. From earliest times, smiths (see smithing) heated iron in forges and formed it by hammering on an anvil.
 lasting relationships with clients by learning about their industries. Over the years, the Years, The

the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109]

See : Time
 firm's lawyers have worked with entrepreneurial en·tre·pre·neur  
n.
A person who organizes, operates, and assumes the risk for a business venture.



[French, from Old French, from entreprendre, to undertake; see enterprise.
 pioneers, from railroads rail·road  
n.
1. A road composed of parallel steel rails supported by ties and providing a track for locomotive-drawn trains or other wheeled vehicles.

2.
 and mining to oil and gas, and more recently with technology, biotechnology and telecommunications.

In recent years, HRO lawyers have been responsible for some of the most sophisticated international transactions and several of the largest trial verdicts in the country. They have also provided representation in several of the most significant class actions in the nation and been involved in some of the world's most high-profile real estate deals.
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