Accenx Technologies, Inc. Named One of Orange County's Fastest Growing Technology Companies for 2nd year in Deloitte's Technology Fast 50 Program
Attributes Customer Centered Focus, Innovation and Cost Effective Solutions to is 61.4% Revenue Growth
Irvine, CA, October 11, 2005 – Accenx Technologies, Inc. a leader in business activity monitoring and integration solutions, and provider of RyTRAK Business Applications, was named today to Deloitte’s prestigious Technology Fast 50 Program for Orange County, a ranking of the 50 fastest growing technology companies in the area by Deloitte & Touche LLP, one of the nation’s leading professional services firms, at an awards luncheon at the Hyatt Regency, in Irvine, CA. Accenx ranked #31 among the top 50 fastest growing companies in Orange County from various industries, which included Quest Software, Allergan, Autobytel.com and Oakley. Rankings are based on the percentage revenue growth over five years from 2000-2004.
“Sustaining high revenue growth over five years is an exceptional accomplishment,” said Fred Poska, partner, Technology, Media, & Telecommunications, Deloitte & Touche LLP. “We commend Accenx Technologies for making the commitment to technology and delivering on the promise of market longevity. We are proud to honor Accenx Technologies as a Deloitte Technology Fast 50 Winner.”
Accenx’s CEO David Cheng credits a customer centric strategy, constant innovation, dedication to reliability and cost effective solutions with the company’s 61.4 percent revenue growth from 2000-2004.
“Understanding the business of healthcare, we partner with our clients to improve the quality of patient care and equip them with affordable tools and services that are simple to implement and necessary to maximize business process efficiency,” said David Cheng, CEO & President, Accenx Technologies, Inc. “Our success is built on this customer centered focus. We are honored to receive this recognition for a second year from Deloitte & Touche LLP.”
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, must be public or private companies 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 portion of revenues to the research and development of technology. Using other companies’ technology in a unique way does not qualify.
Winners of the 15 regional Technology Fast 50 programs in the United States and Canada are automatically entered in 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.
About Accenx Technologies, Inc.
Accenx helps organizations manage and improve business processes, by offering clear vision of those processes through innovative products and professional services. Accenx recognizes that information flowing on the network and through business processes is the life blood of organizations. If it is blocked or stopped, the health of the organization is in danger. Accenx develops reliable, cost effective solutions that solve clients’ toughest business process management and IT challenges and facilitate the seamless flow of information to improve productivity, efficiency and return on investments. Established in 1997, Accenx has over 100 customers internationally, in healthcare, insurance, e-commerce, utilities and retail industries. For more information please visit www.accenx.com.
About Deloitte
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