From New BMWs to Sabbaticals, CEOs at America's Fastest Growing Tech Firms are Finding New Ways to Hire and Retain Employees, Says Deloitte & Touche Survey

Business Wire, April 29, 1999

Maintenance costs are cited as the biggest Internet challenge for 25 percent of the responding CEOs, while only a few (less than 10 percent for each) find starting a Web site, bandwidth issues, security, attracting customers and organization.

Evans said, "The majority of Technology Fast 500 companies are taking advantage of the Internet by being early adopters and quick to make valuable information available to their customers, partners, investors and the public."

Genetic Engineering, Wireless World Top Expectations for Early

2000s

Technology Fast 500 CEOs are looking ahead to the future. Regardless of their industries, most concur that genetic engineering, worldwide wireless communication and voice-response computers are among the top most interesting things to happen in technology over the next 10 years. One CEO pointed out that "Ten years is three generations of technology", while another indicated that "Technology is moving to the 10th power and that technologically, it will be a completely unfamiliar world" in 10 years.

About the Technology Fast 500 CEO Survey and Program

Findings were a result of a survey conducted by Deloitte & Touche of the CEOs at companies listed on the 1998 Deloitte & Touche Fourth Annual Technology Fast 500, a ranking of the fastest growing technology companies in the United States as determined by revenue growth for five years (1993-1997).

The Deloitte & Touche Technology Fast 500 is an annual ranking. The deadline for nominations for the 1999 list is May 15, 1999. Nomination forms are available at www.fast500.com or by calling the local Deloitte & Touche office. The 1999 Technology Fast 500 listing will be announced on Nov. 30, 1999.

About Deloitte & Touche LLP

Deloitte & Touche, one of the nation's leading professional services firms, provides assurance and advisory, tax and management services through 28,000 people in more than 100 U.S. cities. Deloitte & Touche is part of Deloitte Touche Tohmatsu, a global leader in professional services with more than 82,000 people in over 130 countries. Deloitte & Touche refers to Deloitte & Touche LLP, Deloitte Consulting LLC and related entities. For additional information, visit Deloitte & Touche's Web site at www.us.deloitte.com.

Editor's Note: For the complete list of Deloitte & Touche Technology Fast 500 winners for 1998, visit the firm's Web site at www.us.deloitte.com/fast500