Rivermine Ranked as Virginia's Ninth Fastest Growing Technology Company in Deloitte's Technology Fast 50; Attributes its 1874 Percent Revenue Growth to Consistently Delivering Customers Significant Telecom Cost Savings.

FAIRFAX, Va. -- Rivermine, a leading enterprise telecommunications management solutions provider, has been named to Deloitte's prestigious Technology Fast 50 Program for Virginia. The program is a ranking of the 50 fastest growing technology companies in the area by Deloitte & Touche LLP, one of the nation's leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2000-2004.

"Rivermine is very proud to be recognized by Deloitte for our tremendous growth in the past five years," said Mark Logan, President & CEO of Rivermine. "Our success and continued growth are based on our customers' ability to derive millions of dollars in value from our solutions."

Rivermine's increase in revenues of 1874 percent from 2000-2004 resulted in a ninth overall ranking in the Technology Fast 50 for Virginia. The average increase in revenues among companies who made the Technology Fast 50 for this region was 1527.95 percent.

"Deloitte's Virginia Technology Fast 50 companies have shown the strength, vision, and temerity to succeed in today's very competitive technology environment," said Andrew Harrs, Principal, Deloitte & Touche LLP in McLean, Va., and Southeast Region Telecommunications, Media and Technology Practice Leader. "We applaud the successes of Rivermine and acknowledge it as one of the very few to accomplish such a fast growth rate over the past five years," Harrs added.

The Virginia Technology Fast 50 program is hosted by Deloitte & Touche LLP, along with Wilmer, Cutler, Pickering, Hale and Dorr, and media sponsors, PR Newswire, and WTOP Radio Network.

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2000 and $1,000,000 in 2004, be headquartered in North America, and be a "technology company", defined as a company that owns proprietary technology that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology in a unique way does not qualify.

Winners of the 15 regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte's Technology Fast 500 program, which ranks North America's top 500 fastest growing technology companies.

About Rivermine

Rivermine is the leading provider of Enterprise Telecommunications Management solutions. Rivermine's inventory-powered solution provides mega-million dollar impact to customers by addressing their largest and most severe management issues: controlling expenses, process compliance, and analysis of network design, usage, and cost. A privately held company, Rivermine caters to billion dollar enterprises and partners with select service providers and integration companies.

About Deloitte

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