Attributes Increased Demand for SOA Products to its 571 Percent Revenue Growth
LOS ANGELES, Calif.—October 5, 2006 — SOA Software, the leading provider of comprehensive SOA and Web services management, security, mediation and run-time governance solutions, has been named a winner to Deloitte’s prestigious Technology Fast 50 Program for its Los Angeles region, a ranking of the 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 2001–2005.
“Deloitte’s Los Angeles Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today’s very competitive technology environment,” said Tony Buzzelli, Regional Managing Partner, Deloitte & Touche LLP in Los Angeles. “We applaud the successes of SOA Software and acknowledge it as one of the very few to accomplish such a fast growth rate over the past five years.”
This year’s Los Angeles Technology Fast 50 program is co-presented by Deloitte & Touche USA LLP and Porsche Motorsport, Continental Airlines, Comerica, Marsh, Stradling Yocca Carlson & Rauth, Cresa Partners and Merrill Corporation, in association with the Technology Council of Southern California.
SOA Software’s CEO, Paul Gigg credits the recognition with the company’s 571 percent revenue growth from 2001–2005. “It is very gratifying for SOA Software to be recognized by Deloitte & Touche in this forum,” said Gigg. “The acknowledgement further demonstrates how enterprises around the world are seeking a complete, standards-based SOA infrastructure to improve their business capabilities.”
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2001 and $5,000,000 in 2005, be headquartered in Los Angeles, Riverside, Santa Barbara, San Bernardino or Ventura counties, 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.
Winners of 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.