CONCEPTSOLUTIONS EARNS DELOITTE TOP 500 RANKING AS ONE OF FASTEST GROWING TECHNOLOGY COMPANIES IN NORTH AMERICA
Reston-Based Firm Recognized for Five-Year Growth of More than 500%
Reston, VA - October 23, 2007 - ConceptSolutions (www.Concept-Solutions.com), announced today that it has earned a spot in Deloitte's prestigious Technology Fast 500 program, an annual listing of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America based on percentage revenue growth over the past five years.
ConceptSolutions 526 percent revenue growth between 2002 and 2006 secured a ranking of 293 for the information management and technology consulting company. Privately funded and always profitable since its founding in 1999, ConceptSolutions’ successful growth previously merited the company a rank of 19th in Deloitte’s Technology Fast 50 for Virginia.
The company also was recently honored with a Top 10 Technology Fast 50 Business Diversity Award, ranking 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.
To qualify for the Deloitte’s Technology Fast 500, companies must have been in business for at least 5 years, had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006, 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 portion of revenues to the research and development of technology. Using other companies’ technology or intellectual property in a unique way does not qualify.
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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.
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