Baltimore, MD (PRWEB) October 12, 2006
Barcoding Inc. has been named to Deloitte's prestigious Technology Fast 50 Program for Maryland, 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.
Barcoding's CEO Jay Steinmetz credits strong upper management and marketing support with the company's 170 percent revenue growth from 2001–2005. Steinmetz said, “Without the superior skills from our marketing department to make monumental strides in getting our name out over the past 5 years we would not have been in a position to have the tremendous sustained growth.”
Barcoding's increase in revenues of 170 percent from 2001 to 2005 ranked Barcoding Inc. among the top 50 fastest growing companies in Maryland.
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 more information on Deloitte’s Technology Fast 50 or Technology Fast 500 programs, visit http://www.fast500.com.
About Barcoding Inc.
Barcoding Inc. helps business and government organizations deploy supply chain technology, including bar code scanners, wireless terminals, mobile computers, RFID systems, and related software. Clients include manufacturing, distribution, healthcare and warehousing companies, and many state, local and federal agencies. Based in Baltimore, Maryland, Barcoding has North American offices in Virginia, Pennsylvania, Georgia, Florida, Massachusetts, North Carolina, Texas, Colorado, Connecticut, Michigan, and Illinois. European sales and customer service are handled through an office in the Netherlands.
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