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Perseus Development Corporation is One of Ten Companies to be Named One of New England’s Fastest Growing Technology Companies in Deloitte & Touche Technology Fast 50 Program for Third Year in a Row

BRAINTREE, MA (July 29, 2003)- Perseus Development Corporation will be 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. Scheduled to be announced on September 18th, Technology Fast 50 rankings are based on the percentage of growth in fiscal year revenues over five years, from 1998-2002.

"Being one of only ten companies in New England to make the Fast 50 three years in a row is a sign of our emergence as the standard bearer in web-survey software," said Rich Nadler, president and co-founder of Perseus. "It's a public acknowledgement of our rapid but consistent growth as we continue to expand our presence meeting the survey-software needs of Fortune 500 companies."

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.

"To succeed during prosperous times is one thing; to succeed in adversity is much more challenging, and that’s exactly what the Deloitte & Touche Technology Fast 50 winners have done," said Stephen J. DiPietro, co-chair of the 2002 New England Technology Fast 50 and a partner in Deloitte & Touche’s Technology, Media and Telecommunications practice. "We applaud Perseus Development Corporation for its tremendous accomplishments during economically challenging times and for being one of the elite Fast 50 companies in New England."

For more information on the Deloitte & Touche Fast 50 program, visit http://www.fast500.com.


About Deloitte & Touche
Deloitte & Touche, one of the nation’s leading professional services firms, provides assurance and advisory, tax, and management consulting services through nearly 30,000 people in more than 80 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for innovative human resources programs, Deloitte & Touche has been recognized as one of the "100 Best Companies to Work For in America" by Fortune magazine for six consecutive years. Deloitte & Touche refers to Deloitte & Touche LLP and its related entities. Deloitte & Touche is the U.S. national practice of Deloitte Touche Tohmatsu. Deloitte Touche Tohmatsu is a Swiss Verein, and each of its national practices is a separate and independent legal entity. For more information, please visit Deloitte & Touche’s web site at http://www.deloitte.com/us.

About Perseus
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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For more information, contact:

Brian Gendron
SHIFT Communications
617.681.1226
bgendron@shiftcomm.com
Dwight Galler
Perseus Development Corporation
781.848.8100 x265
dgaller@perseus.com

 

 

 

 

 

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