Press Releases
Intellitactics Named One of Virginia’s Faster Growing Technology Companies in Deloitte’s Technology Fast 50 Program
Credits commitment, talented employees and focus on delivering value to customers to its 305% Revenue GrowthReston, VA, October 4, 2006—Intellitactics has been named to Deloitte's prestigious Technology Fast 50 Program for Virginia, a ranking of the 50 fastest growing technology, media, telecommunications, and life sciences companies in the state by Deloitte & Touche USA LLP, one of the nation’s leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2001–2005.
Intellitactics' CEO Randall K. Davis credits the commitment and unsurpassed talents of the employees and an ardent devotion to delivering value to customers for the company’s 305% revenue growth from 2001–2005. Davis said, “As pioneers in developing security information and event management solutions, we are committed to delivering products that provide our customers with real value and measurable return on their investment. Recognition from the esteemed Deloitte Technology Fast 50 validates our standing as a leader in providing a superior security information and event management solution.”
Intellitactics' increase in revenues of 305% from 2001 to 2005 placed them number 29 in a list of 50 companies recognized in the Technology Fast 50 for Virginia.
“Deloitte’s Virginia Technology Fast 50 companies have shown the strength, vision, and tenacity to succeed in today’s very competitive technology environment,” said Mr. Andrew Harrs, Deloitte’s Southeast TMT RIL Regional Managing Partner. “We applaud the successes of Intellitactics and acknowledge it as one of the very few to accomplish such a fast growth rate over the past five years.”
The Virginia Technology Fast 50 program is presented by Deloitte and sponsored by WilmerHale, NASDAQ and UK Trade & Investment, in association with media sponsors PR Newswire and Washington SmartCEO Magazine. To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2001 and $5,000,000 in 2005, be headquartered in North America, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify.
Winners of the 16 regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte’s Technology Fast 500 program, which ranks North America’s top 500 fastest growing technology, media, telecommunications and life sciences companies. For information on Deloitte’s Technology Fast 50 or Technology Fast 500 programs, visit (www.fast500.com).
About Intellitactics, Inc.
Headquartered in Reston, VA, Intellitactics provides the world’s leading enterprise security management solution used by security analysts, operations, and risk officers to achieve cost-effective regulatory compliance; mitigate risk by automating security operations; and accelerate incident resolution to ensure the availability of critical business services. Intellitactics' industry leading Security Manager empowers organizations to simplify the complex mandate to be secure and compliant with just one solution. Security Manager combines event, alert, and incident management to mitigate exposure to cybercrime, with extensive automated analysis and reporting. A strong complement to Security Manager is Intellitactics™ SAM, which measures security value and features security assurance metrics™ on a configurable dashboard. Intellitactics was awarded Common Criteria Certification in December 2004, making it the first software provider to earn this certification as a security information and event management solution. Founded in 1996, Intellitactics is backed by JMI Equity Fund LP and Lazard Technology Partners and is ranked by well-known industry analysts as a market leader known for innovative solutions and a commitment to customer success. Visit us at www.intellitactics.com.
Contact
Suzanne Porter-Kuchay
Director, Press and Analyst Relations
spk@intellitactics.com
703-480-0208
