Inserso Ranked Number 319 Fastest Growing Technology Company in North America on the 2002 Deloitte & Touche Technology Fast 50
Annandale, VA, October 16, 2002 -- Inserso today announced that it ranked Number 319 on the 2002 Deloitte & Touche Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on percentage revenue growth over five years, from 1997-2001. Inserso grew 1,108 percent during this period.
Inserso's CEO, Hamid Moinamin, credits a commitment to listening and clearly understanding the needs of clients with the company's 1,108 % revenue growth over the past five years. He said, "Inserso's growth is a result of our ability to effectively communicate with clients and deliver the right solutions, the right way. It all starts by listening to our clients from initial introductions through delivery of solutions and beyond. The Deloitte and Touche Technology Fast 500 award is truly a reflection of our commitment to customers and hard work."
"With its ranking on the prestigious Deloitte & Touche Technology Fast 500, Inserso's leaders have proven that they have the vision and the fortitude to excel in the highly competitive technology industry," said Mark A. Evans, managing director of Deloitte & Touche's Technology, Media & Telecommunications Group. "We congratulate Inserso on becoming one of the 500 fastest growing technology companies in the United States and Canada."
In addition to ranking on the Deloitte & Touche Technology Fast 500, Inserso ranked Number 15 on the Virginia Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in Virginia.
Fast 500 Selection and Qualifications
The Fast 500 list is compiled from three sources: Deloitte & Touche's 20 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, companies must have had 1997 operating revenues of at least $50,000 USD and $75,000 CD, for United States and Canada respectively, must be public or private companies headquartered in North America, and be "technology companies" defined as companies that own proprietary technology that contributes to a significant portion of the company's operating revenues or devote a high percentage of effort to research and development of technology.
Technology Fast 500 winners are invited to an exclusive CEO Summit held each spring. The CEO Summit, now in its fifth year, is designed to address the unique business challenges facing these super-charged technology companies.
About Deloitte & Touche
Deloitte & Touche, one of the nation's leading professional services firms, provides assurance and advisory, tax, and management consulting services through nearly 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 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 five consecutive years. Deloitte & Touche refers to Deloitte & Touche LLP and its related entities. Deloitte & Touche is the U.S. national practice of Deloitte Touche Tohmatsu. Deloitte Touche Tohmatsu is a Swiss Verein, and each of its national practices is a separate and independent legal entity. For more information, please visit Deloitte & Touche's Web site at www.deloitte.com.
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