Business Editors
NEW YORK--(BUSINESS WIRE)--Oct. 16, 2002
Rapid Adoption in Financial Services and Pharmaceuticals Drives Growth
IntraLinks Inc. today announced that it ranked 29th on the 2002 Deloitte & Touche Technology Fast 500, a ranking of the 500 fastest growing
Rankings are based on percentage revenue growth over five years, from 1997-2001. IntraLinks grew 15,681 percent during this period.
IntraLinks' CEO Patrick J. Wack, Jr. credits "rapid adoption of our workspaces in the financial services and pharmaceutical markets" with the company's 15,681 percent revenue growth from 1997-2001. According to Wack, "IntraLinks is unique in that we provide the technology, the service and the industry expertise required to connect business partners in a community. Over 100 of the world's leading companies, including all ten of the top ten US banks and six of the top ten pharmaceutical companies, rely on IntraLinks to provide industry-specific hubs that speed critical business processes. Our growth over the past five years has been a direct result of understanding our clients' business and our commitment to 24/7/365 customer support."
"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 15,681% growth rate over five years, IntraLinks has proven that its leadership has the vision and determination to succeed, and we at Deloitte & Touche salute their accomplishments."
In addition to ranking on the Deloitte & Touche Technology Fast 500, IntraLinks ranked third in the New York Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in New York.
Fast 500 Selection and Qualifications
The Fast 500 list is compiled from three sources: Deloitte & Touche'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, companies must have had 1997 operating revenues of at least $50,000 USD and $75,000 CD, for United States and Canada respectively, must be public or private companies headquartered in North America, and be "technology companies" defined as companies that own proprietary technology that contributes to a significant portion of the company's operating revenues or devote a high percentage of effort to research and development of technology.
Technology Fast 500 winners are invited to an exclusive CEO Summit held each spring. The CEO Summit, now in its fifth year, is designed to address the unique business challenges facing these super-charged technology companies.
About IntraLinks
IntraLinks (www.intralinks.com), the leading provider of digital workspaces, enables companies to effectively collaborate outside the enterprise on complex business. Through IntraLinks' secure, neutral, online environments, companies are better able to compete globally by accelerating essential business processes, simplifying communication, and fostering rapid workflow. IntraLinks is easily accessible anywhere, anytime using a web browser.
Since April 1997, more than 100,000 participants representing over 3,000 companies worldwide have used IntraLinks digital workspaces to communicate and collaborate on more than 10,000 projects and transactions. IntraLinks has been rapidly adopted by the financial services, pharmaceutical, legal and professional services markets. Over 100 global companies are IntraLinks clients, including AstraZeneca Pharmaceuticals LP; Bank of America; Bear Stearns; Chiron Corporation; Deutsche Bank; Dresdner Kleinwort Wasserstein; Ernst & Young; FDIC; Houlihan Lokey Howard & Zukin; International Finance Corporation (World Bank Group); JPMorgan Chase; TD Securities; Thomas Weisel Partners; Wachovia Securities; and WestLB. Founded in June 1996, IntraLinks is headquartered in New York with offices in Boston and London.
About Deloitte & Touche
Deloitte & Touche, one of the nation's leading professional services firms, provides assurance and advisory, tax, and management consulting services through nearly 30,000 people in more than 100 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 & Touche has been recognized as one of the "100 Best Companies to Work for in America" by Fortune magazine for five consecutive years. Deloitte & Touche refers to Deloitte & Touche LLP and its related entities. Deloitte & Touche is the U.S. national practice of Deloitte Touche Tohmatsu. Deloitte Touche Tohmatsu is a Swiss Verein, and each of its national practices is a separate and independent legal entity. For more information, please visit Deloitte & Touche's Web site at www.deloitte.com.