RT-Deloitte & Touche Technology Fast 50 & 500...ATCO should be working its way up the charts. -- Incurrent Ranked 7th Fastest Growing Technology Company in the 2004 Deloitte New
Jersey Technology Fast 50 Program PARSIPPANY, N.J.--(BUSINESS WIRE)--Sept. 9, 2004-- Incurrent achieves honor in the technology industry for its 1,200 percent revenue growth over the past five years Incurrent, the leading provider of a Cardmember Care suite of products for the credit card industry, is named to Deloitte's prestigious Technology Fast 50 Program for New Jersey. Incurrent was ranked 7th among New Jersey's 50 fastest growing technology companies. The rankings are based on the percentage of growth in fiscal year revenues over five years, from 1999-2003. Dave Hickey, Incurrent's CEO, attributes the company's strong growth to its expanding product line that meets the needs of card issuers. "We are extremely proud to be named one of the fastest growing technology companies in New Jersey. It is a tribute to the products we have developed, supplying online solutions for the entire relationship between the card issuer and the cardmember. Our clients such as, MBNA Business Lending, Citibank, Target, Metris, Certegy and Fiserv, are provided with a whole suite of products that allow them to maximize their return on investment, provide greater flexibility and reduce risk," said Hickey. "The Deloitte New Jersey Technology Fast 50 companies have shown the strength, vision and temerity to succeed despite a very challenging technology environment," said Paul Mlynarski Tax Partner and Chair of the New Jersey Technology Fast 50. "We applaud the successes of Incurrent and acknowledge their place as one of the very few to accomplish such a fast growth rate over the past five years." To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 1999 and $1,000,000 in 2003, must be public or private companies headquartered in North America, and be a "technology company" defined as owning proprietary technology that contributes to a significant portion of the company's operating revenues (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. Winners of the 19 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte Technology Fast 500 program, which ranks North America's top 500 fastest growing technology companies. For more information on the Deloitte Fast 50 or Fast 500 programs, visit www.fast500.com. About Deloitte Deloitte, one of the nation's leading professional services firms, provides audit, tax, financial advisory services and consulting through nearly 30,000 people in more than 80 U.S. cities. Known as an employer of choice for innovative human resources programs, the firm is dedicated to helping its clients and its people excel. "Deloitte" refers to the associated partnerships of Deloitte & Touche USA LLP (Deloitte & Touche LLP and Deloitte Consulting LLP) and subsidiaries. Deloitte is the US member firm of Deloitte Touche Tohmatsu. For more information, please visit Deloitte's web site at www.deloitte.com/us. Deloitte Touche Tohmatsu is an organization of member firms devoted to excellence in providing professional services and advice. We are focused on client service through a global strategy executed locally in nearly 150 countries. With access to the deep intellectual capital of 120,000 people worldwide, our member firms, including their affiliates, deliver services in four professional areas: audit, tax, financial advisory services and consulting. Our member firms serve more than one-half of the world's largest companies, as well as large national enterprises, public institutions, locally important clients, and successful, fast-growing global growth companies. Deloitte Touche Tohmatsu is a Swiss Verein (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 names "Deloitte", "Deloitte & Touche", "Deloitte Touche Tohmatsu" or other related names. The services described herein are provided by the member firms and not by the Deloitte Touche Tohmatsu Verein. For regulatory and other reasons certain member firms do not provide services in all four professional areas listed above." About Incurrent Founded in 1997, the Company numbers among its clients leading institutions such as MBNA Business Lending, Citibank, Target, Metris, Certegy and Fiserv. With 130 million card accounts under management, Incurrent's InSite(TM) product line is among the most widely adopted electronic banking systems in use today. Fully integrated with all leading back-office accounts receivable systems, including First Data, Total Systems, Certegy, and PaySys, Incurrent represents a fast, cost-effective and low-risk means of providing Cardmember Care. Incurrent clients are consistently placed in the top of industry rankings based on site performance, stability, features, and ease of use. Incurrent develops and operates advanced online products for financial institutions in the global payment card industry, including issuers of consumer, small business, purchasing card, corporate T&E, and private label cards. These products are used directly by cardmembers, commercial clients, and issuer employers. Incurrent's products enhance all aspects of the relationship with the cardholder: from account development and servicing to loss prevention. --30--BM/cg* CONTACT: PR Unlimited Cindy Golisch, 847-229-1036 cindy.golisch@prunlimited.com |