Sustaining high revenue growth over five years is an exceptional accomplishment
Herndon, Virginia (PRWEB) September 26, 2008
Apptix (OSE: APP), the industry-leading provider of hosted Exchange email, VoIP phone service, and SharePoint collaboration services for small and medium businesses (SMBs), 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 area 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 2003-2007.
"Sustaining high revenue growth over five years is an exceptional accomplishment," said Gary Tabach, Greater Washington Office Regional Managing Partner, Deloitte & Touche, LLP. "We commend Apptix for making the commitment to technology and delivering on the promise of market longevity. We are proud to honor Apptix to Deloitte's Technology Fast 50."
Apptix CEO David Ehrhardt credits reliable hosted solutions and outstanding customer service with the company's 1,052 percent revenue growth from 2003-2007. Ehrhardt said, "We are honored to have our growth and success recognized by Deloitte, and to be ranked among Virginia's most prominent technology firms. This award reinforces Apptix's strategic direction, as well as our solid reputation as a provider of secure and cost-effective business communications hosting services for small to medium businesses throughout North America."
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2003 and $5,000,000 in 2007, be headquartered in Virginia, 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.
Companies from the nine 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.
Apptix (OSE: APP) is the industry-leading provider of hosted email, voice, and collaboration services for small and medium-sized businesses, serving nearly 200,000 Exchange subscribers--and approximately 19,000 organizations--worldwide. Apptix offers hosted Microsoft Exchange, hosted VoIP, hosted Microsoft SharePoint, mobile messaging, and compliance and archiving, both directly and through its MailStreet subsidiary. Apptix provides the reliability and scalability of big business communications solutions at a small business price, freeing IT staff to focus on improving and innovating within their companies. Apptix is a Microsoft Gold Certified Partner for Hosting and Application Services. The company is headquartered in Herndon, Virginia, with additional locations in Florida, Illinois, Texas, and India. Apptix is recognized as one of the CRN 2008 Fast Growth 100 and Washington Business Journal 2008 Fastest Growing Companies. For more information, visit http://www.apptix.com.
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte", "Deloitte & Touche", "Deloitte Touche Tohmatsu" or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.
Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.