NetQoS Named to Deloitte Fast 500 for Fifth Consecutive Year
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,” said Joel Trammell, NetQoS CEO. “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.”
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.
RSS Feed to NetQoS Press Releases: http://feeds.feedburner.com/NetqosPressReleases
Follow NetQoS on Twitter: http://twitter.com/NetQoSLive
See the original story at: http://eon.businesswire.com/releases/technology_fast/fast_500/prweb1695074.htm
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