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Deloitte & Touche Reveals Fastest Growing Technology Companies in Texas; Winners Experienced Average Revenue Growth of 1,124 Percent
Business Wire, Sept 8, 2004
DALLAS -- The fastest growing technology companies in Texas were announced today by Deloitte & Touche USA LLP. The Texas Crescent Technology Fast 50 is the only awards program that ranks technology companies located throughout Texas by revenue growth over a five-year period. The Fast 50 program is presented by Deloitte & Touche, in association with Haynes and Boone, NASDAQ and Comerica Bank.
"While the current economy is taking its toll on technology companies across all industries, there are companies in Texas that have shown strong signs of stability and growth," said Skip Moore, Regional Managing Partner for the Technology, Media & Telecommunications Group at Deloitte. "We salute these companies for their resiliency in the face of tough times, as well as their ability to adapt to the changing marketplace."
Topping the list is NetQoS, Inc. of Austin with a revenue growth rate of 9,400 percent over five years. NetQoS is a provider of network performance products and services. Founded in 1999, the company analyzes and optimizes the performance of applications running over wide-area networks.
Second on the Texas Crescent Technology Fast 50 is Handango, Inc. of Hurst, with a growth rate of 6,343 percent over five years. Handango is a leading publisher and platform for mobile software reaching more than five million mobile users each month.
Third on the list is ZixCorp of Dallas with a growth rate of 5,799 percent over five years. ZixCorp provides solutions worldwide that protect, manage, and deliver sensitive electronic information.
Postfuture of Richardson ranked fourth with a growth rate of 3,932 percent over five years. Postfuture is an email service provider offering a suite of tools for developing and strengthening online customer relationships.
Rounding out the top five is Rackspace Managed Hosting of San Antonio with a growth rate of 3,581 percent over five years. Rackspace offers a wide range of managed services for enterprise hosting platforms.
The Texas Crescent Technology Fast 50 winners are as follows:
2004 5-Yr Rank Company Name City Growth% ---- --------------------------------------- ------------ ------- 1 NetQoS, Inc. Austin 9,400 2 Handango, Inc. Hurst 6,343 3 Zix Corporation Dallas 5,799 4 Postfuture Richardson 3,932 5 Rackspace Managed Hosting San Antonio 3,581 6 ChaseCom Limited Partnership Houston 2,704 7 DataCert, Inc. Houston 1,750 8 C I Host Bedford 1,455 9 Infoglide Software Corporation Austin 1,345 10 TECSys Development, Inc. Plano 1,315 11 Tanox, Inc. Houston 1,216 12 The Planet Internet Services Dallas 1,168 13 Preferred Voice, Inc. Dallas 1,081 14 Perficient, Inc. Austin 1,040 15 GHN-Online Dallas 975 16 Motive, Inc. Austin 908 17 Innovative Managed Care Systems, Ltd. Dallas 903 18 Lexicon Genetics Inc. The Woodlan ds 804 19 Luminex Corporation Austin 745 20 NewMarket Technology Inc. Dallas 631 21 FundsXpress Financial Network, Inc. Austin 627 22 Silicon Laboratories Austin 593 23 Resulte Universal, LLC Dallas 577 24 The viaLink Company Dallas 571 25 WorldLink, Inc. Richardson 529 26 Retractable Technologies, Inc. Little Elm 465 27 Encysive Pharmaceuticals, Inc. Bellaire 455 28 Eagle Broadband, Inc. League City 423 29 Data Management, Inc. San Angelo 416 30 Pegasus Solutions Inc. Dallas 346 31 Digital Generation Systems, Inc. Irving 341 32 Plexon Inc. Dallas 341 33 GTESS Corporation Richardson 332 34 Multimedia Games, Inc. Austin 315 35 Encore Medical Corporation Austin 314 36 Software Professionals, Inc. Irving 313 37 Merrick Systems, Inc. Houston 257 38 Efore (USA), Inc. Irving 255 39 Positive Software Systems, Inc. Dallas 250 40 Cyberonics, Inc. Houston 249 41 SigmaTel, Inc. Austin 249 42 Optimal Solutions Integration, Inc. Irving 246 43 I-Sector Corporation Houston 246 44 Positron Corporation Houston 231 45 InfoVision Consultants, Inc. Richardson 216 46 Innova Electronics LP Houston 212 47 Advanced Neuromodulation Systems, Inc. Plano 209 48 Accudata Technologies Allen 186 49 ViewCast Corporation Dallas 178 50 True Automation Inc. Plano 176
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