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Continuous Computing Ranked #16 Fastest Growing Technology Company in North America on the 2003 Deloitte Technology Fast 500
SAN DIEGO, CA - December 02, 2003 - Continuous Computing Corporation (CCPU), the leading provider of Application-Ready Platform solutions for telecom equipment companies, today announced that it ranked number 16 on the Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on average percentage revenue growth over five years, from 1998-2002. CCPU grew 28,372 percent during this period. "This national ranking is a significant achievement for our company, especially given the challenging business climate in which it was attained, and is validation of our leadership in providing telecom equipment solutions for voice-over-packet, wireless and signaling applications in the core of the network," said Ken Kalb, chief executive officer of Continuous Computing Corporation. "To be recognized nationally is a great honor and accomplishment, and recognition must be given to our dedicated and talented employees." In addition to ranking on the Deloitte Technology Fast 500, CCPU ranked number one on the Deloitte & Touche San Diego Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in San Diego.
"Making the Deloitte Technology Fast 500 is a testament to a company's commitment to technology," said Mark A. Evans, national managing partner of Deloitte's Technology, Media & Telecommunications Group. "With its 28,372 percent growth rate over five years, CCPU has proven that its leadership has the vision and determination to grow in difficult conditions." Fast 500 Selection and Qualifications The Fast 500 list is compiled from Deloitte's 20 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research.
To qualify for the Fast 500, entrants must have had 1997 operating revenues of at least $50,000 USD and $75,000 CD for the United States and Canada, respectively; and 2002 operating revenues must be at least $1 million USD or CD. Deloitte researchers examined financial statements to validate operating revenues. Entrants must also be public or private companies headquartered in North America and must be a "technology company", defined as a company that owns proprietary technology 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 in a unique way does not qualify.
About Deloitte & Touche
Deloitte, one of the nation's leading professional services firms, provides audit, tax, financial advisory services and consulting through nearly 30,000 people in more than 80 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for innovative human resources programs, Deloitte has been recognized as one of the "100 Best Companies to Work For in America" by Fortune magazine for six consecutive years. "Deloitte" refers to Deloitte & Touche LLP and affiliated entities. Deloitte is the U.S. member firm of Deloitte Touche Tohmatsu. Deloitte Touche Tohmatsu is a Swiss Verein (association), and, as such, 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 name "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu" or other related names. The services described herein are provided by the U.S. member firm and not by the Deloitte Touche Tohmatsu Verein. For more information, please visit Deloitte's web site at www.deloitte.com/us
About Continuous Computing
Continuous Computing provides integrated systems and services that enable telecom equipment manufacturers to rapidly deploy Next Generation Networks (NGN). Over 150 customers worldwide benefit from the company's unique blend of customized professional services, Trillium protocol software, AdvancedTCA and CompactPCI systems, and BladeCenter hardware. Continuous Computing helps customers reduce platform lifecycle costs, optimize data delivery, and accelerate deployments of NGN, 3G/4G Wireless, and IP Multimedia Subsystem (IMS) infrastructure. The company is ISO-9001 and CMMI certified and based in San Diego with development centers in China and India. For more information, visit www.ccpu.com.
Continuous Computing is a member of the Intel Embedded and Communications Alliance (www.intel.com/go/ica), Communications Platforms Trade Association (www.cp-ta.org), Femto Forum (www.femtoforum.org), IMS Forum (www.imsforum.org), Service Availability Forum (www.saforum.org), and the Blade.org ecosystem (www.blade.org).
Continuous Computing, the Continuous Computing logo, Create | Deploy | Converge, FlexTCA, Flex21, FlexChassis, FlexCompute, FlexCore, FlexDSP, FlexPacket, FlexStore, FlexSwitch, FlexTCA, Network Service-Ready Platform, Quick!Start, TAPA, Trillium, Trillium+plus, and the Trillium logo are trademarks or registered trademarks of Continuous Computing Corporation. Other names and brands may be claimed as the property of others.
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