Success Attributed to 552.2% Percent Revenue Growth
Los Angeles, Calif., October 4, 2007—SOA Software has been named to Deloitte’s prestigious Technology Fast 50 Program for Los Angeles, a ranking of the top 50 fastest growing technology, media, telecommunications, and life sciences companies in the area by Deloitte & Touche USA LLP, one of the nation’s leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2002–2006.
SOA Software’s increase in revenues of 552.3 percent from 2002 to 2006 resulted in being awarded one of the Technology Fast 50 for Los Angeles.
“Being honored as a Deloitte and Touche Fast 50 company for the second year in a row indicates the continuing rapid growth of our business,” said Paul Gigg, president and chief executive officer of SOA Software. “We have built the right products at the right time in the extremely hot integrated SOA Governance market and we will continue to meet and exceed the needs of our customers.”
“For the second consecutive year, SOA Software is honored as a Deloitte Los Angeles Technology Fast 50 winner. This is a testament to the company’s strength, vision and tenacity to succeed despite a very challenging technology environment,” said Tony Buzzelli, Vice Chairman, Regional Managing Partner, Pacific Southwest Region, Deloitte & Touche LLP. “We applaud the successes of SOA Software and acknowledge its place as one of the few to accomplish such a fast growth rate over the past five years.”
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006, be headquartered in North America, and be a company that owns proprietary technology or proprietary intellectual property 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 or intellectual property in a unique way does not qualify.
Companies from the 16 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, media, telecommunications and life sciences companies. For more information on Deloitte’s Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.
About SOA Software
SOA Software is a leading provider of comprehensive, enterprise-class integrated SOA Governance solutions. SOA Software products provide a comprehensive closed-loop SOA governance solution (Workbench), a high-performance, scalable SOA security, mediation, and management (Service Manager), and a mainframe Web services solution for CICS applications (SOLA). SOA Software products process over 500 million mission critical transactions a month and are used by the largest Fortune 1000 corporations, including Merrill Lynch, Verizon, and Pfizer. For more information, please visit www.soa.com.
SOA Software, Workbench, Service Manager, SOLA, and Network Director are trademarks of SOA Software, Inc. All other product and company names herein may be trademarks and/or registered trademarks of their registered owners.
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