Calico Commerce Named One of Silicon Valley's Fastest Growing Technology Companies in Deloitte & Touche "Fast 50" Program
SAN JOSE, Calif.--(BUSINESS WIRE)--Sept. 25, 2000--Calico Commerce, Inc. (Nasdaq:CLIC), a leading provider of software that enables corporations to control eBusiness selling, has been named to Deloitte & Touche's prestigious "Fast 50" Program for Silicon Valley, a ranking of the 50 fastest growing technology companies in the area.
Calico Commerce ranked fourteenth overall. Rankings are based on the percentage of growth in revenues from 1995-1999 (five-year period).
"Today, there are more than 22,000 technology companies in the United States, many of whom are competing for the same markets here in the states and worldwide. The Fast 50 winners for Silicon Valley have proven they can compete successfully by consistently delivering technological wonders. We at Deloitte & Touche commend Calico Commerce for having the vision and determination to become one of the 50 fastest growing technology companies in Silicon Valley," said Roy Avondet, partner in charge of Technology & Communications for Northern California, at Deloitte & Touche in San Jose, CA.
Calico's increase in revenues of 6,592 percent over the five-year period of 1995 to 1999 resulted in a fourteenth ranking overall in the Fast 50 for Silicon Valley. The average increase in revenues among companies who made the Fast 50 for this region was 7,142 percent. National average for all 19 regions was 3,554 percent. "It's a great honor for Calico to be listed on the Fast 50 for Silicon Valley, and I consider this a tremendous tribute to the accomplishments of our employees," said Alan Naumann, president and CEO, Calico Commerce. "Our dramatic increase in revenue can be attributed to consistently meeting the eBusiness challenges of today's leading corporations and continuing to provide the most comprehensive selling solution on the market today to enable our customers to improve sales, stay competitive and increase profit margins." To qualify for the Fast 50, companies must have had revenues of at least $50,000 in 1995 and at least $1,000,000 in 1999; must be public or private companies headquartered in the region; and be "technology companies" defined as companies that produce technology, manufacture a technology product, are technologically intensive, use technology in problem-solving, or devotes a high percentage of effort to research and development of technology. Winners of the 19 regional Fast 50 programs in the United States are automatically entered in the Deloitte & Touche Technology Fast 500 program, which ranks the nation's top 500 fastest growing technology companies.
For more information on the Deloitte & Touche Fast 50 or Fast 500 programs, visit the web site at www.fast500.com.
About Calico Commerce, Inc.
Calico Commerce, Inc. provides software that enables corporations to control the key elements of eBusiness when selling in Net markets, direct over the Web or through existing channels. Calico's 100% Java, application server-based eBusiness application suite meets the performance, reliability and scalability needs of any business while allowing customers to handle complex products, pricing and relationships via the Web through the entire customer life cycle. As a result, organizations are able to drive revenue growth, increase customer satisfaction and achieve competitive advantage. Calico customers include leaders in high-technology hardware, manufacturing, telecommunications services, financial services, home furnishings, chemicals, agriculture and retail. Calico Commerce, Inc., headquartered in San Jose, Calif., can be found on the World Wide Web at www.calico.com.
About Deloitte & Touche
Deloitte & Touche, one of the nation's leading professional services firms, provides assurance and advisory, tax, and management consulting services through 30,000 people in more than 100 U.S. cities. The firm is dedicated to exceeding the expectations of its clients and its people. Known as an employer of choice for its 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 three consecutive years. Deloitte & Touche is part of Deloitte Touche Tohmatsu, one of the world's leading professional services firms, with more than 90,000 people in over 130 countries.
Except for the historical information contained herein, the matters discussed in news releases contain forward-looking statements that involve substantial risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by such forward-looking statements. Potential risks and uncertainties are described in detail in public reports filed with the Securities and Exchange Commission such as Calico's Registration Statement on Form S-1 and on Form S-4 in connection with the ConnectInc.com acquisition.
CONTACT:
Calico Commerce
Katie Belding, 408/808-7655
or
Horn Group, Inc.
Deborah Souza, 415/905-4022 |
