Perseus Development Corporation Named One of New England’s Fastest Growing Technology Companies in Deloitte & Touche Technology Fast 50 Program
BRAINTREE, MA (September 23, 2003) - Perseus Development Corporation has been named to Deloitte & Touche's prestigious Technology Fast 50 Program for New England, 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. Rankings are based on the percentage of growth in fiscal year revenues over five years, from 1998-2002.
Perseus' CEO, Rich Nadler, credits strong customer satisfaction, new product development, and the dedication of Perseus’ employees with the company's 537 percent revenue growth from 1998-2002.
This is the third year in a row that Perseus has been named to the Technology Fast 50. Perseus’ increase in revenues from 1998 to 2002 resulted in a 43 ranking overall in the Fast 50 for New England in 2003.
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 1998 and $1,000,000 in 2002, must be public or private companies headquartered in North America, and be a "technology company" defined as owning proprietary technology that contributes to a significant portion of the company’s operating revenues (using other companies’ technology in a unique way does not qualify); and/or devoting a significant proportion of revenues to research and development of technology.
Winners of the 20 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte & Touche Technology Fast 500 program, which ranks North America’s top 500 fastest growing technology companies.
About Deloitte & Touche
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Perseus is leading the transition from web survey software to Enterprise Feedback Management (EFM) solutions that help organizations better understand their world. Organizations worldwide rely on Perseus solutions to better identify and meet employee, customer and partner needs, and increase profitability by creating loyal relationships. Perseus products enable business professionals to quickly and easily obtain, analyze, and manage sophisticated enterprise feedback using intuitive web-based software. Perseus SurveySolutions® is a recipient of PC Magazine's Editors' Choice award for web-survey software, and is used by over 22,000 customers worldwide including over twenty percent of the Fortune 100. Perseus is a 2003 and 2004 Inc. 500 company and Deloitte Technology Fast 500 company, and a four-time Deloitte Technology Fast 50 company. Visit perseus.com for more information.
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