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Wednesday September 9, 10:01 pm Eastern Time
Company Press Release
Fastest-Growing Technology Companies
in New England Recognized
BOSTON--(BUSINESS WIRE)--Sept. 9, 1998--The
fastest-growing technology companies in New England were
recognized by Deloitte & Touche LLP and Hale and Dorr LLP at
an awards ceremony held at the Hyatt Regency in Cambridge Wednesday evening. Called
the ''1998 New England Technology Fast 50,'' the annual awards program ranks
technology companies by revenue growth over the past five years.
The 1998 New England Technology Fast 50 ranking is as follows:
Company Name
Industry
Website
Revenue Growth Since 1993
CEO Name
1 SeaChange International
Software
www.schange.com
31,778%
William C. Styslinger III
2 Software Emancipation Technology, Inc.
Software
www.setech.com
17,652%
Donald R. Henrich II
3 Selfcare, Inc.
Biotech/Medical Products
www.selfcareinc.com
14,974%
Ron Zwanziger
4 New Technology Partners
Software & Consulting
www.ntp.com
12,461%
Bruce Backa
5 Priority Call Management, Inc.
Telecommunications
www.prioritycall.com
12,088%
Andrew D. Ory
6 RockPort Trade Systems, Inc.
Software & Consulting
www.rockport-trade-systems.com
9,621%
Susan L. Welch
7 Invention Machine Corporation
Software Consulting
www.invention-machine.com
8,487%
Valery M. Tsourikov
8 Raptor Systems, Inc. (AXENT Technologies, Inc.)
Software
www.raptor.com
5,812%
John Becker
9 Business Technologies, Inc.
IT Services
www.bustec.com
5,695%
Paul J. Brady
10 GammaGraphX, Inc.
Software
www.ggx.com
5,525%
David Monks
11 Abacus Software Group, Inc.
Software Consulting
www.abacussoftware.com
4,508%
Prashant H. Fadia
12 The IDP Companies, Inc.
Software
www.IDPCO.com
3,597%
James R. Walckner
13 NetScout Systems, Inc.
Network Mgmt./Instrumentation
www.Netscout.com
3,175%
Anil Singhal
14 International Integration Inc. (Nasdaq:ICUB - news; i-Cube)
IT Consulting
www.i-cube.com
3,125%
Michael Pehl
15 The Counsell Group, Inc.
IT Services
www.tcginc.com
2,744%
Frank Selldorff
16 ACX, Inc.
Electronics
www.acx.com
2,653%
Kenneth B. Lazarus
17 Berkshire Computer Products
Computers/Peripherals
www.berkshirecp.com
2,606%
Ernest J. Parsons
18 JENTEK Sensors, Inc.
Software, Sensors, & Systems
N/A
2,359%
Neil J. Goldfine
19 Sapient Corporation [Nasdaq:SAPE - news]
IT Services
www.sapient.com
1,749%
J. Stuart Moore & Jerry A. Greenberg
20 Peritus Software Services [Nasdaq:PTUS - news], Inc.
Software & Software Services
www.peritus.com
1,706%
Alan Deary
21 Advis, Inc.
Internet
www.advis.com
1,665%
David S. Buck
22 Microscript Corporation
Software
www.microscript.com
1,576%
John W. Moriarty
23 ARIAD Pharmaceuticals, Inc.
Biotech
ariad.com
1,458%
Harvey J. Berger, M.D.
24 NZ Applied Technologies, Inc.
Telecommunications
N/A
1,437%
Peter E. Norris
25 Workgroup Technology Corporation [Nasdaq:WKGP - news]
Software
www.workgroup.com
1,328%
John McDonough
26 The Soma Group, Inc.
Software/Semiconductor
www.somagroup.com
1,305%
Timothy J. Somadelis
27 Lilly Software Associates, Inc.
Software
www.visualmfg.com
1,300%
Richard T. Lilly
28 Diatide, Inc.
Biotech/Medical Products
www.diatide.com
1,274%
Richard T. Dean
29 VIS Development Corporation
Computers/Peripherals Training
www.visdev.com
1,245%
Andrew E. Snider & William Hauserman
30 Systems Engineering, Inc.
Software & Internet
www.sengi.com
1,240%
Alan Day
31 Stream International Inc.
Technology Support Providers
www.stream.com
1,228%
Stephen D. R. Moore
32 Sensitech, Inc.
Information
www.sensitech.com
1,169%
Eric B. Schultz
33 Foundation Technologies, Inc.
Software
www.FoundationTech.com
1,158%
Tod Hayes Loofbourrow
34 iMarket Incorporated
Software
www.imarketinc.com
1,157%
Richard J. Davis & Richard Lim
35 Database Technologies, Inc.
Consulting & Integration
www.dbtinc.com
1,083%
David Teplow
36 UNIFI Communications, Inc.
Telecommunications
www.unifi.com
1,012%
Douglas J. Ranalli
37 Vivid Technologies, Inc.
Aviation Security Equipment
www.vividusa.com
1,011%
S. David Ellenbogen
38 Security Dynamics Technologies, Inc.
Computer Security Products
www.securitydynmics.com
979%
Charles R. Stuckey, Jr.
39 Kinetic Computer Corporation
Computers/Peripherals
www.kin.com
971%
Vinit Nijhawan
40 I-Kinetics, Inc.
Software
www.i-kinetics.com
875%
Bruce H. Cottman, Ph.D.
41 Applied PC Systems, Inc.
Computers/Peripherals
www.appliedpc.com
818%
Edward Garibian
42 Net Daemons Associates, Inc.(NDA)
Network Solution Providers
www.nda.com
797%
Jennifer Lawton
43 Art Technology Group
Software
www.atg.com
787%
Jeet Singh
44 Excel Switching Corporation [Nasdaq:XLSW - news]
Telecommunications
www.xl.com
784%
Robert P. Madonna
45 PRI Automation
Semiconductors/Equipment
www.pria.com
782%
Mordechai Wiesler
46 Arch Communications Group, Inc.
Telecommunications
www.arch.com
776%
C. Edward Baker, Jr.
47 Storage Computer Corporation [AMEX:SOS - news]
Computers/Peripherals
www.storage.com
770%
Theodore J. Goodlander
48 The Charlton Group, Inc.
Computer Consulting
www.charlton.com
768%
James P. Jankowski
49 DataProfit Corporation
Systems Integration
www.dataprofit.com
721%
Alan M. Scrivner
50 PixelVision Technology, Inc.
Computers/Peripherals
www.pixelvision.com
699%
Vic Odryna
''Earning a spot on the Fast 50 list is no easy feat, and we at Deloitte & Touche commend
these companies for their vision, dedication and tremendous effort in achieving this
recognition,'' said Stephen DiPietro, Partner-in-Charge of the Growth Company Services,
Technology Group of Deloitte & Touche LLP.
''The New England Fast 50 companies have made an indelible impact on the local economy
in terms of both employment growth and high salaries and wages,'' said Jack Colbert,
Executive Director of Hale and Dorr LLP. ''It is due to the vision and extraordinary efforts
of companies like these that our area is and will continue to be considered a leader in the
technology industry.''
Fast 50 companies must have had 1993 revenues of at least $50,000; must be a New
England-based company developing and/or providing technology products or services; and
must have been in business for at least five years. All New England Technology Fast 50
participants will advance to compete in the ''National Technology Fast 500,'' also
sponsored by Deloitte & Touche. This program ranks the nation's top 500 fastest-growing
technology companies, the finalists of which will be recognized this fall in a national
business publication.
Deloitte & Touche LLP, one of the nation's leading professional services firms, provides
accounting, auditing, tax and management consulting services through a national network
of more than 23,000 professionals in more than 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.
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.
Contact:
Deloitte & Touche LLP
Chris Joy, (617) 261-8219
cjoy@dttus.com |
