NetQoS has continued to grow because we offer the most comprehensive network and application performance data organizations need to manage the ever-increasing complexity of today's global networks. Our upswing began even before our debut on the Fast 50 list in 2003, with 30 consecutive quarters of double-digit year-over-year revenue growth as of our third quarter ended September 30.
AUSTIN, Texas (PRWEB) October 31, 2008
"Large organizations are becoming more dependent on the network to deliver business-critical applications to employees and other constituencies near and far, especially as they consolidate their infrastructures to save costs," said Joel Trammell, CEO of NetQoS. "NetQoS has continued to grow because we offer the most comprehensive network and application performance data organizations need to manage the ever-increasing complexity of today's global networks. Our upswing began even before our debut on the Fast 50 list in 2003, with 30 consecutive quarters of double-digit year-over-year revenue growth as of our third quarter ended September 30."
"Deloitte's Texas Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today's very competitive technology environment," said Skip Moore, managing partner of Technology, Media and Telecommunications, Deloitte & Touche LLP. "We applaud the successes of NetQoS and acknowledge it as one of the very few to accomplish such a fast growth rate over the past five years."
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 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.
NetQoS was also recently named to Software Magazine's Software 500 ranking of the world's largest software and service providers for the fourth consecutive year. NetQoS rose to number 270, up from number 294 in 2007. NetQoS ranked as one of the Top 10 Companies in the $30 to $50 million revenue range.
As used in this document, "Deloitte" means Deloitte LLP. Please see http://www.deloitte.com/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
About NetQoS Inc.
NetQoS provides network performance management software and services that improve application delivery across the world's most complex networks. More than 900 service providers, government agencies, and large enterprises – including half of the Fortune 100 – use the NetQoS Performance Center to monitor application service levels, troubleshoot problems quickly, and plan for change. Representative NetQoS customers include Chevron, Lockheed Martin, Reuters Group plc, American Express, Siemens, Boeing, Deutsche Telekom, NASA, and Barclays Global Investors. Headquartered in Austin, Texas, NetQoS has R&D centers in Austin and Raleigh, N.C., and regional sales offices in London and Singapore. For more information, visit http://www.netqos.com or call 877-835-9575.
NetQoS is a trademark of NetQoS Inc. All other trade names, trademarks, and registered trademarks are the property of their respective owners.
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