UCMP
nice call ... last week :o)
I am 'long' UCMP
Tuesday November 17, 8:07 am Eastern Time
Company Press Release
UniComp Named One of U.S.'s Fastest Growing
Technology Companies in Deloitte & Touche 'Fast 500'
Program
Attributes UniComp to Its 799 Percent Revenue Growth
MARIETTA, Ga.--(BUSINESS WIRE)--Nov. 17, 1998-- UNICOMP, INC. (Nasdaq: UCMP - news) has been named to Deloitte & Touche's prestigious ''Fast 500'' Program, a ranking of the 500 fastest growing technology companies in the U.S.
Rankings are based on five-year percentage growth in revenues from 1993-1997.
UniComp's CEO, Stephen A. Hafer, credits an aggressive acquisition strategy for the company's 799 percent revenue growth over the past five years. He said, 'UniComp intends to continue to acquire businesses which will expand its geographic presence in key areas of the world to build a global company and enhance its worldwide network of distributors.''
''To attain a listing on the Fast 500 is no easy feat, and we at Deloitte & Touche congratulate UniComp for attaining this
honor,'' said Mark Evans, Managing Director Deloitte & Touche High Technology Industry Group.
UniComp's increase in revenues of 799 percent over the five-year period of 1993 to 1997 resulted in a 368 ranking overall in
the Technology Fast 500. The average increase in revenues among companies who made the Fast 500 was 2,958 percent.
To qualify for the Fast 500, companies must have had revenues of at least $50,000 in 1993; must be headquartered in the United States; 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.
Technology Fast 500 Winners are invited to an exclusive two-day conference that will be held from April 30 to May 1, 1999 at
the Arizona Biltmore in Phoenix. The conference was designed to address the unique business issues facing these super-charged, technology companies.
For more information on the Deloitte & Touche Technology Fast 500 program, visit the web site at www.us.deloitte.com/fast500.
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.
UniComp, Inc. develops, markets and supports platform-migration, vertical market applications and payment processing systems for Windows NT and UNIX-based computer systems and point of transaction processors worldwide. The Company licenses its technology to a cross section of industries including manufacturing, distribution, transportation, public-sector, point of sale and transaction processors. Additionally, the Company provides installation, training, systems integration, support and Year 2000 services, serving a worldwide network of end user customers, dealers and distributors. UniComp employs over 500 staff worldwide and has over 50 distributors internationally, with over 30,000 installations in more than 55 countries.
Please visit our World Wide Web site at unicomp.com for further information.
This announcement contains forward looking statements and remarks relative to future events and financial performance which
are subject to the risks and uncertainties described in reports filed from time to time with the SEC. These filings contain and
identify important factors that could cause actual results to differ materially from those contained in our forward-looking
statements. These factors include, but are not limited to, timely development and market acceptance of its products (and
upgrades to those products), completion of UNIBOL400 for Windows NT development and its subsequent market acceptance the ability to develop new products to penetrate the POS marketplace, market pressures on its services businesses, and the impact of competitive products, pricing, and the fact that the company's software product license revenue can fluctuate from quarter to quarter as a result of various factors and conditions.
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