Deloitte Unveils 2008 Technology
Fast 500 Ranking
International
Solutions Group, Inc makes first-ever appearance on list ( 115th
Rank) Herndon, VA. November 12, 2008.
According to
the 2008 Deloitte Technology Fast 500. The award is a ranking of the
fastest growing technology, media, telecommunications and life
sciences companies in North America based on percentage of fiscal
year revenue growth over five years (2003-2007).
Deloitte’s Technology Fast 500 recognizes
technology companies who have achieved extraordinary growth in North
America’s most innovative and competitive sectors, said Phil
Asmundson, Deloitte LLP vice chairman and national managing partner
for Technology, Media and Telecommunications. We congratulate all of
our Fast 500 winners on this significant accomplishment.
Now more than ever, fast growth companies of all
sizes are a bright spot not to be overlooked,” added Mark Jensen,
national managing partner of Deloitte LLP’s Venture Capital
Services. Historically, it is the fastest growing businesses that
spur innovation, job creation and economic growth in
general.
For the complete Deloitte Technology Fast 500
rankings, please visit www.fast500.com
Qualifying
Criteria
The Fast 500 ranks the fastest growing technology,
media, telecommunications and life sciences companies in North
America. It is compiled from Deloitte’s regional North American Fast
50 programs, nominations submitted directly to the Fast 500 and
public company database research.
Companies are selected based on percentage revenue
growth from 2003 to 2007. To be considered, Fast 500 and Fast 50
entrants must have the following criteria:
Must own proprietary intellectual property or
proprietary technology that contributes to a significant portion of
the company’s operating revenues or devotes a significant proportion
of revenues to research and development of technology. Using other
companies’ technology or intellectual property in a unique way does
not qualify.
Base-year operating revenues must be at least
$50,000 USD or CD, and current-year operating revenues must be at
least $5 million USD or CD. Companies are required to submit tax
returns or audited financial statements with their nominations to
complete their eligibility.
Be in business a minimum of five years.
Be headquartered in North America. Subsidiaries or
divisions are not eligible (unless they have some public ownership
and are separately traded).
Deloitte selects 10 fast growing young companies as
Rising Stars.To qualify as a Rising Star, entrants must have been in
business three or four years. Rankings are based on companies’
percentage fiscal year revenue growth over three years (2005-2007).
Other qualifications are the same as for Fast 500 and Fast 50
companies.
about Deloitte
As used in this press release, Deloitte means
Deloitte LLP and Deloitte Services LP, a subsidiary of Deloitte LLP.
Please see www.deloitte.com/us/about for a detailed description of
the legal structure of Deloitte LLP and its subsidiaries.
Deloitte’s Virginia Technology Fast
50 Ranking of Fastest-Growing Technology Companies
International Solutions Group, Inc
ranks 11th in Deloitte's Technology Fast 50 Awards ! and also
awarded as the Business Diversity Award.
WASHINGTON, D.C., September 24, 2008 Deloitte Virginia Technology Fast 50,the annual award program ranks
technology companies located in Virginia by revenue growth. The
awards in Maryland and Virginia are sponsored by Morrison &
Foerster LLP, NASDAQ OMX and SmartCEO Magazine.
Deloitte’s Virginia Technology Fast 50 companies
have shown the strength, vision and tenacity to succeed in today’s
very competitive technology environment,” said Mr. Gary H. Tabach,
Managing Partner for Deloitte’s Greater Washington Practice. We
applaud the successes of CompuGain Corporation and acknowledge it as
one of the very few to accomplish such an impressive growth rate
over the past five years.
"The 2008 Virginia Fast 50 companies are especially
noteworthy this year given their remarkable growth in a challenging
business environment. As a firm that works with many of the world's
most successful technology and life science businesses, Morrison
& Foerster is proud to be associated with the great companies
being honored today,said Tom Knox, Partner and Co-Chair of the
firm's East Coast and Europe Corporate Practices.
Winners are selected based on percentage revenue
growth over five years from 2003 to 2007. To be considered,
Technology Fast 50 entrants must: have operating revenues of at
least $50,000 in 2003 and at least $5,000,000 in 2007; be
headquartered in Virginia; be a technology company, defined as a
company that owns proprietary technology that contributes to a
significant portion of its 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. Subsidiaries and divisions are not eligible,
unless they have some public ownership and are separately
traded.
Also this year, Deloitte's 2008 Technology Fast 50
Awards program awarded the Business Diversity Awards. The Deloitte
Technology Fast 50 Business Diversity Awards acknowledge the growing
importance of an innovative group of local small technology
businesses in Maryland and Virginia that are owned and managed by
individuals classified by the U.S. Small Business Administration as
having one or more of the following small business designations:
Minority-Owned, Woman-Owned, Veteran-Owned, Service Disabled
Veteran-Owned, Small Disadvantaged Business, and
HUBZone.
ISG has been
honored with the 76th Rank in overall rankings of Inc 500'S 2007
fastests growing companies in the United States, and 8th Rank in IT
Services.
International
Solutions Group,Inc. featured in Washington SmartCEO Future 50 List
- 2007.
Washington's SmartCEO magazine has designated
International Solutions Group, Inc.as a Future 50 company. The list
represents the top privately-held, fast-growth companies in the
Greater Washington, D.C. area. SmartCEO carefully shortlists 50
companies out of hundreds of nominations based on employee and
revenue growth over the past three years. The magazine publishes
smart ideas to help educate, motivate and inspire Washington's
business decision-makers.Profiles of International Solutions Group,
Inc. and other Future 50 winners will appear in January's edition of
Washington SmartCEO Magazine.
"We are very glad to be named to the Future 50. I
would like to thank all our employees, customers for their
contribution to the growth", said International Solutions Group
CEO, Ravi Puli.