Network and Application Performance Management Company Places in Deloitte’s Technology Fast 500 Ranking of Fastest Growing Companies in North America

AUSTIN, Texas (Business Wire EON/PRWEB ) December 2, 2008 -- Due to its continued strong revenue growth, NetQoS^® Inc. has been named to Deloitte’s Technology Fast 500 list, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage of fiscal year revenue growth over five years, from 2003–2007. NetQoS ranked number 261 after achieving 671 percent revenue growth during this period.

Being named to the Deloitte Fast 500 for the fifth consecutive year is an outstanding achievement, and NetQoS has continued to grow in 2008 despite the economic downturn

We recently completed our 30th consecutive quarter of double digit year-over-year revenue growth. With our technical expertise and ability to execute to a global expansion plan, NetQoS will continue to stay ahead of the market and remain the company that large organizations trust to manage critical application performance across the network.

“Being named to the Deloitte Fast 500 for the fifth consecutive year is an outstanding achievement, and NetQoS has continued to grow in 2008 despite the economic downturn,” said Joel Trammell, NetQoS CEO. “We recently completed our 30^th consecutive quarter of double digit year-over-year revenue growth. With our technical expertise and ability to execute to a global expansion plan, NetQoS will continue to stay ahead of the market and remain the company that large organizations trust to manage critical application performance across the network.”

In addition to the Deloitte Technology Fast 500, NetQoS was 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, ranking as one of the Top 10 Companies in the $30 to $50 million revenue range. NetQoS also ranked 21st on the 2008 Texas Technology Fast 50, a ranking of the 50 fastest growing technology, media and entertainment, telecommunications and life sciences companies in Texas as compiled by Deloitte.

Qualifying Criteria

The Fast 500 ranks the fastest growing technology, media, telecommunications and life sciences companies in North America. It is compiled from Deloitte’s regional North American Fast 50 programs, nominations submitted directly to the Fast 500 and public company database research.

Companies are selected based on percentage revenue growth from 2003 to 2007. To be considered, Fast 500 and Fast 50 entrants must have the following criteria:

• Must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company’s operating revenues or devotes a significant proportion of revenues to research and development of technology. Using other companies’ technology or intellectual property in a unique way does not qualify.
• Base-year operating revenues must be at least $50,000 USD or CD, and current-year operating revenues must be at least $5 million USD or CD. Companies are required to submit tax returns or audited financial statements with their nominations to complete their eligibility.
• Be in business a minimum of five years.
• Be headquartered in North America. Subsidiaries or divisions are not eligible (unless they have some public ownership and are separately traded).

About Deloitte

As used in this press release, “Deloitte” means Deloitte LLP and Deloitte Services LP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/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 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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