Arkidata Corporation Ranked Number 197 On 2002 Deloitte & Touche Technology Fast 500; One of...

Business Editors/High Tech Writers

DOWNERS GROVE, Ill.--(BUSINESS WIRE)--Oct. 18, 2002

Arkidata Corporation has been named to Deloitte & Touche's prestigious "Technology Fast 500" list of North America's fastest-growing technology companies.

Rankings are

Arkidata, which provides information integration and data quality management solutions to such organizations as Continental Airlines, Dun and Bradstreet, the Federal Reserve, Northrop Grumman, Sprint and Verizon, is ranked 197 on the Deloitte & Touche list.

Arkidata is one of only 66 companies to appear on both the Deloitte & Touche "Fast 500" list and Inc Magazines's "Inc 500" 2002 ranking of the fastest-growing private companies in America. The Inc Magazine list, which ranks the nation's leading entrepreneurial firms in all industries, is included in the magazine's October 15 issue.

Arkidata Founder and Chairman Arkady Maydanchik credits the firm's remarkable sales growth to the company's ability to provide effective solutions to information integration problems. These solutions are provided through a combination of Arkidata's domain expertise in HR data integration and its proprietary ARKISTRA(c) technology, which can be used by companies in any industry to integrate data from many disparate sources, such as acquisitions, and for a wide variety of purposes, such as outsourcing implementations.

"We consider it a great honor to be one of the few companies in America to appear on both the Deloitte & Touche list of fastest-growing technology companies and the Inc. Magazine list of fastest-growing private companies," Maydanchik commented.

He added, "But within both of these lists is another, `hidden' list that is of just as much significance, and that is the list of companies that are not only growing rapidly, but are profitable. And even within this list there is a still smaller group of companies that are completely self-funded, as Arkidata has been since its inception. We consider it a significant indication of the marketplace's need for our services, and of the quality of those services, that we have managed to achieve this rare distinction."

"Making the Deloitte & Touche Technology Fast 500 is a testament to a company's leadership, commitment to technology, and ability to deliver the right solution at the right time," said Mark A. Evans, managing director, Deloitte & Touche Technology, Media & Telecommunications Group. "With its 2,127 percent growth rate over five years, Arkidata has proven that its leadership has the vision and determination to succeed, and we at Deloitte & Touche salute their accomplishments."

About Arkidata

Based in Downers Grove, IL., Arkidata provides advanced information integration products and services, including data conversion, cleansing and consolidation, to Fortune 500 and other companies. Arkidata's clients include Northrop Grumman, Raytheon, Sprint, the U.S. Federal Reserve Bank, Catholic Health Initiative and Verizon. Arkidata Corporation is a 2002 Deloitte & Touche "Technology Fast 500" and "Technology Fast 50" company and Inc Magazine "Inc 500" Company. For more information on Arkidata and their products and services, visit their website at www.arkidata.com or call 1-877-947-DATA (3282).