GOOD NEWS: RAPTOR named the 17th fastest-growing high technology company in America
Fast 500 award caps off a stellar 1997 for Raptor Systems
WALTHAM, Mass., Jan. 14 /PRNewswire/ -- Raptor Systems, Inc.
(Nasdaq: RAPT), the leader in enterprise network security software solutions, was named the 17th fastest-growing high technology company in America at the 1997 Technology Fast 500 Awards last week. This award tops off an exceptional year for Raptor Systems, and will provide the company with tremendous momentum for 1998.
The award, sponsored by Deloitte & Touche, recognized Raptor Systems for extraordinary growth in revenues from 1992 through 1996. Raptor experienced a 12,532% increase in revenues during that time period. The company's explosive growth is due to a number of recent successes, including their market share leadership(A) in the NT firewall market, and the Raptor Security Vendor (RSV) program, which offers the only full portfolio of integrated network security products available today. The introduction of Raptor Axcess for access control of Web-based information on intranets, and of Eagle MobilePro, the industry-leading virtual private network (VPN) security product, also
contributed to the surge in revenue.
"We are surrounded by incredible talent in New England. To be recognized as one of the fastest-growing technology companies in the entire United States is a testament to the excellence of our products and their acceptance in the marketplace, especially by large orporations looking to integrate their security solutions," said Shaun McConnon, president and CEO of Raptor Systems.
"1997 was a breakthrough year for Raptor Systems, directly related to the dedication of our employees and the quality of our products."
The Technology Fast 500 awards followed a regional competition of the same nature. In September 1997, Raptor Systems was named the fastest-growing software company in New England. The New England Technology Fast 50 Awards, also sponsored by Deloitte & Touche, was the prerequisite of entry for the national awards. To qualify for the Fast 500 list, a company had to be located in the United States, had to have been in business for five years, and have 1992 revenues of at least $50,000. |
