CONCEPTSOLUTIONS HONORED WITH DELOITTE & TOUCHE TECHNOLOGY FAST 50 AWARD Reston-Based Firm Recognized for Five-Year Growth of More than 500% Reston, VA - October 3, 2007 - ConceptSolutions (www.Concept-Solutions.com), a fast growing information management and technology consulting company serving commercial, government, and military organizations, announced today it has been named to Deloitte’s prestigious Technology Fast 50 program for Virginia. The Fast 50 is 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. “At ConceptSolutions we’ve always been committed to positive growth, which means growing through the different business cycles while adhering to high standards of performance and professionalism, and developing strong relationships with organizations that create meaningful impact in communities nationwide,” said Phong Mai, ConceptSolutions President and CEO. “ConceptSolutions is proud to be recognized by Deloitte as one of Virginia’s fastest growing technology companies, and to have earned the award through our commitment to sound principals.” Privately funded and always profitable since its founding in 1999, ConceptSolutions’ 526 percent increase in revenue from 2002 to 2006 merited a rank of 19th in the Technology Fast 50 for Virginia. “To rank on Deloitte’s Technology Fast 50, companies must have phenomenal revenue growth over five years. ConceptSolutions has proven to be one of the fast-growth success stories in Virginia,” said Gary H. Tabach, Managing Partner of Deloitte’s Greater Washington practice. “We commend ConceptSolutions for making the commitment to technology and delivering on the promise of market longevity.” Deloitte also honored ConceptSolutions as a Top 10 Technology Fast 50 Business Diversity Award winner, ranking the company 7th on that list. The Technology Fast 50 Business Diversity Awards acknowledge the growing importance innovative local small technology businesses in Maryland and Virginia that are owned and managed by individuals classified by the U.S. Small Business Administration as having one or more of the following small business designations: Minority-Owned, Woman-Owned, Veteran-Owned, Service Disabled Veteran-Owned, Small Disadvantaged Business, and HUBZone (Historically Underutilized Business Zone) certification. Since founding the company, Mr. Mai has led ConceptSolutions in growing a diverse base of government and commercial clients, including the Federal Aviation Administration (FAA), Federal Emergency Management Agency (FEMA), Sprint-Nextel, Time-Warner Cable, and the US Marine Corps. 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 portion 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, please visit www.fast500.com. # # # About ConceptSolutions ConceptSolutions is an information management and technology consulting company that provides strategic, technical, and problem solving expertise to large and mid-sized businesses, government organizations, and branches of the military. Using proven program management methodologies and cutting-edge ideas and techniques in IT integration, system engineering, network management, and business process automation, ConceptSolutions delivers customized solutions that give organizations the information they need to make the best business decisions, reduce costs, and increase productivity, while complying with corporate governance regulations. ConceptSolutions enables federal departments and agencies to operate with the same efficiencies as successful businesses by providing reliable, scalable and secured enterprise environments that meet DOD standards as well as OMB-mandated enterprise architecture and eGovernment requirements. ConceptSolutions maintains federal contract vehicles and partner alliances, including GSA Schedule 70, GSA 8(a) STARS, FAA Results National Qualified Vendor program, FAA BITS II, Oracle Partner Network, and the Microsoft Partner Program. Founded in 1999, ConceptSolutions is headquartered in Reston, Virginia. For more information, please visit www.Concept-Solutions.com. About Deloitte Deloitte refers to one or more of Deloitte Touch 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 subsidiaries of the 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. Solutions for Intelligent Business Decisions |
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