Awards

IssueTrak Named One of Virginia’s Fastest Growing Technology Companies in Deloitte’s Technology Fast 50 Program

IssueTrak Named One of Virginia’s Fastest Growing Technology Companies in Deloitte’s Technology Fast 50 Program


IssueTrak been named to Deloitte’s prestigious Technology Fast 50 Program for the state of Virginia, a ranking of the 50 fastest growing technology companies in the area by Deloitte & Touche LLP, one of the nation’s leading professional services organizations. Rankings are based on the percentage of revenue growth from 2000–2004.

IssueTrak President and CEO, Hank Luhring, credits the company’s 314% growth over the past five years to its commitment to delivering comprehensive support desk solutions that provide enterprise level functionality at SMB prices.

IssueTrak’s increase in revenues resulted in a ranking of 40 out of 50 in the Technology Fast 50 for Virginia. The average increase in revenues among companies who made the Technology Fast 50 for this region was 1,527.95 percent.

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2000 and $1,000,000 in 2004, be headquartered in North America, and be a “technology company,” defined as a company that owns proprietary technology 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 in a unique way does not qualify.

Winners of the 15 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 companies. For more information on Deloitte’s Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.

Contact:
Douglas Christian
info@issuetrak.com
1-866-ISSUETRAK (866-477-8387)