Named One of the Fastest
For Immediate Release
Rose International Named One of the Fastest Growing Technology Companies In the U.S. for the Deloitte & Touche Technology "Fast 500" Program
ST. LOUIS, MO, November 16, 1999 - Rose International has been named to Deloitte & Touche's prestigious "Fast 500" Program, a ranking of the 500 fastest growing U.S. technology companies. Rankings are based on a five-year percentage revenue growth from 1994-1998.
Rose International's CEO Himanshu Bhatia credits employee commitment and a solution oriented sales approach with the company's 9,979% revenue growth over the past five years. She said "Our employees are the most committed and our solution centers are beginning to catch fire. Customers have recognized we have the best e-Commerce database and networking capabilities."
"To attain a listing on the Fast 500 is no easy feat, and we at Deloitte and Touche congratulate Rose International for attaining this honor," said Mark Evans, Managing Director, Deloitte & Touche High Technology Group.
Rose International's increase in revenues of 9,979% over the five year period of 1994 to 1998 resulted in a 26 ranking overall in the Technology Fast 500 for the St. Louis 12 county regional. The average increase in revenues among companies who made the Fast 500 was 4,998%.
To qualify for the Fast 500, companies must have had revenues of at least $50,000 in 1994; must be headquartered in the United States, and be "technology companies". These are defined as a company that produces technology, manufactures a technology product, are technologically intensive, uses technology in problem-solving, or devotes a high percentage of effort to research and development of technology.
Technology Fast 500 Winners are invited to an exclusive two-day CEO Summit that will be held from May 11-13, 2000 at the Ritz-Carlton, Amelia Island, Florida. The summit is designed to address the unique business issues facing these super-charged, technology companies.
For more information on the Deloitte and Touche Technology Fast 500 program, visit their website.