Press Release
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INFOGLIDE SOFTWARE RANKED NUMBER 155 FASTEST GROWING TECHNOLOGY COMPANY IN NORTH AMERICA ON THE 2005 DELOITTE TECHNOLOGY FAST 500
Attributes its 1,224 Percent Revenue Growth to Strong Technology Offering and Penetration into Retail Market
Austin, Texas, October 19, 2005 - Infoglide Software Corporation today announced that it ranked Number 155 on the 2005 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on percentage revenue growth over five years, from 2000-2004. Infoglide Software grew 1,224 percent during this period.
Infoglide Software's CEO, Michael Shultz, credits the company's strong technology offering and its penetration into the retail market with the company's 1,224 % revenue growth over the past five years. He said, "We are so pleased to be recognized for the outstanding contributions that everyone in this company has made."
"Making the Deloitte Technology Fast 500 is commendable in today's highly competitive technology industry," said Tony Kern, deputy national managing principal of Deloitte's Technology, Media & Telecommunications industry practice. "We congratulate Infoglide Software on being one of the 500 fastest growing technology companies in North America."
Infoglide Software previously ranked 163 on 2004 Deloitte Technology Fast 500.
Fast 500 Selection and Qualifications
The Fast 500 list is compiled from Deloitte's 15 regional North American
Fast 50 lists, nominations submitted directly to the Fast 500,
and public company database research. To qualify for the Fast 500,
entrants must have had 2000 operating revenues of at least $50,000
USD or $75,000 CD for the United States and Canada, respectively,
and 2004 operating revenues of at least $1 million USD or CD.
Entrants must be 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.
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About Infoglide Software Corporation
Infoglide Software Corporation (www.infoglidesoftware.com)
is the leader in the emerging transactional business intelligence
market. The company ranked #67 on the 2004 Inc. 500 with four/five
year average annual sales growth of 387%. Infoglide Software provides
a new generation of enterprise software that enables organizations
to apply business intelligence in an operational environment by integrating
real-time transactional data with remote and disparate historical
data to achieve true enterprise intelligence. The company’s enterprise
software, Bladeworks™, enables more accurate and informed decisions;
streamlines operational processes; increases efficiencies and reduces
operational costs; transforms data in real-time into useful and useable
information; improves customer service and customer interaction;
and drives more profitable relationships with customers. Bladeworks
is used in business-critical applications including enterprise risk
management, automated fraud detection, enterprise identity management,
transactional CRM, compliance, enhanced data connectivity, and enhanced
data mining. Current markets include financial services, information
services, transportation, retail, e-business, insurance, government,
and CRM. Incorporated in 1996, Infoglide Software is a privately
held company headquartered in Austin, Texas.
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Infoglide®, Infoglide Software™, Infoglide Software logo, and Bladeworks™ are trademarks of Infoglide Software Corporation. All other company or product names are the registered trademarks or trademarks of their respective owners.
