TED,
Must be some kind of holiday joke. Would Deloitte and Touche/Hale and
Dorr lie to use?
FOR IMMEDIATE RELEASE
PERITUS SOFTWARE SERVICES RECOGNIZED AS
ONE OF NEW ENGLAND'S FASTEST GROWING
TECHNOLOGY COMPANIES
Peritus five-point value proposition wins with
customers
Billerica, MA, September 9, 1998 – Peritus
Software Services, Inc. has been named
one of the elite "New England Technology
Fast 50" for 1998, a ranking of the 50
fastest growing technology companies in
the area. Rankings are based on the
percentage of growth in revenues from
1993-1997. The program is co-sponsored
by the professional services firms of
Deloitte & Touche LLP and Hale and Dorr
LLP. This is the second consecutive year
that Peritus has received this award.
"We are honored and pleased with this award," said Allen
K. Deary, Peritus CEO and president. "But we're not
surprised. Our unique combination of cost savings,
metrics-driven results, flexible staffing, rapid transition and
fixed price mean we consistently exceed customer
expectations. We offer our customers the best in people,
process and technology – a combination that makes
winners of both Peritus and its customers."
"Earning a spot on the Fast 50 list is no easy feat. We at
Deloitte & Touche commend the vision, dedication and
sheer effort it has taken Peritus Software Services to
achieve this recognition," said Stephen DiPietro,
Co-chairman of the New England Technology Fast 50 and
Partner-in-Charge of Growth Company Services,
Technology.
Peritus' increase in revenues of 1706 percent over the
five-year period of 1993 to 1997 resulted in a ranking of 20
overall in the Fast 50 for New England.
To qualify for the Fast 50, companies must have had
revenues of at least $50,000 in 1993; may be public or
private; and must be headquartered in the region. To be
considered for an award, the company must produce
technology, manufacture a technology product, be
technologically intensive, use technology in
problem-solving, or devote a high percentage of effort to
the research and development of technology.
Winners of the 19 regional Fast 50 programs in the United
States are automatically entered in the Deloitte & Touche
LLP Technology Fast 500 program, which ranks the
nation's top 500 fastest-growing technology companies.
About Peritus
Founded in 1991, Peritus Software Services, Inc. is a
leading provider of software maintenance outsourcing
services. The Peritus Software Asset Maintenance (SAM)
offerings enable organizations to transform the
maintenance process into an efficient, cost-effective
discipline that boosts productivity and performance. SAM
offerings include customized services for software
providers, information systems organizations, and Year
2000 renovations. Peritus is headquartered in Billerica,
MA, with offices worldwide. For more information, see the
Peritus Web site at peritus.com.
About Deloitte & Touche
Deloitte & Touche, one of the nation's leading professional
services firms, provides accounting and auditing, tax, and
management consulting services through 23,000 people in
offices in over 100 U.S. cities. Deloitte & Touche is part of
Deloitte Touche Tohmatsu, a global leader in professional
services with more than 72,000 people in over 125
countries. For more information on Deloitte & Touche LLP,
visit the web site at us.deloitte.com.
About Hale and Dorr LLP
Hale and Dorr LLP is the preeminent high-technology law
firm in New England and has a national reputation for
advising and guiding emerging growth companies,
especially those in the software, telecommunications and
biotechnology arenas. Hale and Dorr LLP represents
companies from start-up, through public offerings, and
additional financings, to trademark and patent advice and
corporate governance. In the last five years, the Firm has
been involved in over 100 public offerings, ranking first in
New England, and is a national leader among law firms
representing venture-backed, high-technology companies.
For more information on Hale and Dorr LLP, visit the
website at haledorr.com. |
