BROADSPIRE REPEATS AS MEMBER OF 2004 DELOITTE & TOUCHE ‘FAST 50’ –
RANKS 25TH AMONG LOS ANGELES’ FASTEST GROWING TECHNOLOGY COMPANIES
LOS ANGELES (September 22, 2004) – BroadSpire (www.broadspire.com), a leading managed IT services provider, today announced that it has been named the 25th fastest growing technology company in Los Angeles by Deloitte & Touche's prestigious 2004 Technology Fast 50 program, a ranking of the region’s 50 fastest growing technology companies.
In 2003, BroadSpire ranked 17th on the Deloitte & Touche Los Angeles Technology Fast 50. Rankings are based on the percentage of growth in fiscal year revenues over five years, from 1999-2003. Deloitte & Touche LLP is one of the nation’s leading professional services firms.
Suresh Srinivasan, BroadSpire president and co-founder, attributed the company's sustained growth to a combination of dedicated customer service and proven technology for businesses of virtually any size, from small business to the enterprise. BroadSpire provides business-critical managed Web and application hosting services that enable organizations to improve their overall efficiency; lower costs; improve communications with customers and partners; comply with corporate, industry and government regulations; and secure their critical business processes online.
"Being named to the Fast 50 program for the second year in a row is a tremendous honor," said Srinivasan. “Our ranking confirms that our broad range of solutions, competitive pricing and significant R&D investments, along with our staunch devotion to customer service, is helping BroadSpire expand into new markets and improve market share. As one case in point, our managed email service is helping us solve many of the problems that enterprises face managing their email in the legal, manufacturing, insurance, healthcare, and banking sectors.”
"In an era where technology companies come and go, making the Deloitte Fast 50 is a testament to a company's vision that allows growth over five years,” said Tim Lovoy, Deloitte partner, Technology, Media & Telecommunications practice, Los Angeles. “BroadSpire’s leadership team has the right stuff for growth, and Deloitte salutes their accomplishments.” In addition to BroadSpire’s ranking on Deloitte & Touche’s 2004 Technology Fast 50, the company will be profiled in a special report distributed by the Los Angeles Business Journal.
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. For more information on the Deloitte & Touche Fast 50 or Fast 500 programs, visit www.fast500.com.
To qualify for the Technology Fast 50, it is necessary to be a "technology company," defined as owning proprietary technology that contributes to a significant portion of the company’s operating revenues; and/or devoting a significant proportion of revenues to research and development of technology.
About Deloitte & Touche
Deloitte, one of the nation's leading professional services firms, provides audit, tax, financial advisory services and consulting through nearly 30,000 people in more than 80 U.S. cities. Known as an employer of choice for innovative human resources programs, the firm is dedicated to helping its clients and its people excel. "Deloitte" refers to the associated partnerships of Deloitte & Touche USA LLP (Deloitte & Touche LLP and Deloitte Consulting LLP) and subsidiaries. Deloitte is the US member firm of Deloitte Touche Tohmatsu. For more information, please visit Deloitte's web site at www.deloitte.com/us. For more information on the Deloitte & Touche Technology Fast 500 or Technology Fast 50 programs, visit www.fast500.com.
About BroadSpire
Founded in 1996, BroadSpire (www.broadspire.com) is a leading managed IT services provider, headquartered in Los Angeles, Calif. In delivering outsourced IT, data center outsourcing and fully managed Web hosting services, BroadSpire maintains a strict focus on customer service that has enabled the company to become a best-of-breed provider both in its service offerings and in customer care. With discrete lines of business for enterprise and small/mid-size businesses, the company serves as a seamless extension of its customers' information technology infrastructure. BroadSpire has earned the trust of more than 2,000 companies worldwide, including BP Amoco, NBC, Yale University, Wells Fargo, Paramount Pictures, Boston Beer, Hewitt Associates, and Nextel. BroadSpire is a member of the Deloitte & Touche 2004 and 2003 Los Angeles Technology Fast 50, showcasing the region’s fastest growing technology companies.
Contact:
Ken Greenberg
Edge Communications, Inc.
818-719-9292
ken@edgepress.com
