AUSTIN, Texas -- Network Performance Management Company Ranks Number 1 in Austin, Number 4 in Texas for 8,919 Percent Revenue Growth Over Five Years
For the second consecutive year, NetQoS(R) Inc. has been named to Deloitte's Technology Fast 50 Program for Texas, a ranking of the 50
Rankings are based on the percentage revenue growth over five years from 2000-2004. NetQoS' revenues increased 8,919 percent during this period, resulting in a number four ranking in the Technology Fast 50 for Texas and number one among Austin companies on the list. Last year, NetQoS topped the list with a 9,400 percent revenue growth rate from 1999 to 2003.
"Making Deloitte's Fast 50 list two years in a row -- and being the fastest growing company in Austin again -- is a testament to our entire team's ability to develop and market quality network performance management products as well as build the customer and partner relationships needed to sustain our growth," said Joel Trammell, NetQoS CEO. "NetQoS is thriving because our products give Global 2000 companies visibility into networked application traffic across all locations worldwide and the detailed data needed to make informed decisions about infrastructure upgrades, troubleshooting, and service level management. As a result of this success, NetQoS continues to expand its workforce rapidly."
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2000 and $1,000,000 in 2004, be headquartered in North America, and 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.
"Sustaining high revenue growth over five years is an exceptional accomplishment," said Skip Moore, regional managing partner, Technology, Media & Telecommunications, Deloitte & Touche LLP. "We commend NetQoS for making the commitment to technology and delivering on the promise of market longevity. We are proud to honor NetQoS as a Deloitte Texas Technology Fast 50 winner."
NetQoS is now eligible for Deloitte's Technology Fast 500 program, which ranks North America's top 500 fastest growing technology companies. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.
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About NetQoS Inc.
NetQoS delivers products and services that optimize the performance of the world's most demanding enterprise networks. American Express, Barclays, Boeing, Chevron, Cisco, Citrix, DuPont, Sara Lee, and Schlumberger are among the corporations that rely on NetQoS performance management solutions to ensure consistent delivery of business critical applications, monitor application service levels, troubleshoot problems quickly, contain infrastructure costs, and manage user expectations. For more information, visit NetQoS' Web site at http://www.netqos.com or call 877-835-9575.
NetQoS is a trademark of NetQoS Inc. All other trade names, trademarks, and registered trademarks are the property of their respective owners.