Reston, VA (PRWEB) October 5, 2007
Intellitactics 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 Virginia 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 2002-2006. This year's Virginia Technology Fast 50 program is presented by Deloitte and sponsored by WilmerHale, NASDAQ and SmartCEO.
Intellitactics' CEO Randall K. Davis credits the commitment and unsurpassed talents of the employees and a passionate devotion to delivering daily automated value to customers for the company's excellent revenue growth from 2002-2006. Davis said, "For the past eleven years, Intellitactics has been leading the market with innovations that have revolutionized the role of security operations in IT governance, risk, and compliance. We are committed to delivering products that provide our customers with real value and measurable return on their investment, and the talents of our employees is the foundation of our success. Recognition from the esteemed Deloitte Technology Fast 50 for three consecutive years validates our standing as a leader in providing a superior security information and event management solution."
Intellitactics' increase in revenues from 2002 to 2006 resulted in a number 30 ranking in the Technology Fast 50 for Virginia. The average increase in revenues among companies who made the Technology Fast 50 for this region was 2001 percent.
"Sustaining high revenue growth over five years is an exceptional accomplishment," said Gary Tabach, Managing Partner of Deloitte's Greater Washington practice. "We commend Intellitactics for making the commitment to technology and delivering on the promise of market longevity. We are proud to honor Intellitactics to Deloitte's Technology Fast 50."
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006, 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 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 Intellitactics, Inc.
Headquartered in Reston, VA, Intellitactics provides the world's leading enterprise security management solution used by security analysts, operations, and risk officers to achieve cost-effective regulatory compliance; mitigate risk by automating security operations; and accelerate incident resolution to ensure the availability of critical business services. Intellitactics' industry leading Security Manager empowers organizations to simplify the complex mandate to be secure and compliant with just one solution. Security Manager combines event, alert, and incident management to mitigate exposure to cybercrime, with extensive automated analysis and reporting. A strong complement to Security Manager is Intellitactics™ SAM, which measures security value and features security assurance metrics™ on a configurable dashboard. Intellitactics was awarded Common Criteria Certification in December 2004, making it the first software provider to earn this certification as a security information and event management solution. Founded in 1996, Intellitactics is backed by JMI Equity Fund LP and Lazard Technology Partners and is ranked by well-known industry analysts as a market leader known for innovative solutions and a commitment to customer success. Visit us at http://www.intellitactics.com.
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