Press Release
InteQ Named One of New England’s Fastest Growing Technology Companies in Deloitte’s Technology Fast 50 Program
InteQ Attributes Demand for Managed Services, Compelling Value Proposition and Outstanding Team to its 376% Percent Revenue Growth
Bedford, Massachusetts, September 14, 2006:
InteQ has been named to Deloitte's prestigious Technology Fast 50 Program for New England, 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.
InteQ's Chairman and CEO Santhana Krishnan credits demand for managed services, compelling value proposition and an outstanding team with the company's 376% percent revenue growth from 2001 - 2005. He said, “This award recognizes InteQ’s commitment to our customers, our solutions and our company’s growth. Furthermore, with increased customer demand for InteQ’s managed services and a comprehensive portfolio of IT service management solutions, we believe our company will continue on this successful growth trend.”
InteQ's increase in revenues of 376% percent from 2001 to 2005 resulted in a 36th ranking in the Technology Fast 50 for New England. The average increase in revenues among companies who made the Technology Fast 50 for this region was 1,825 percent.
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 North America, 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 eligible to be entered into the 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.
About InteQ
InteQ is a leading provider of IT Service Management solutions that enable IT organizations to improve service levels, meet compliance and governance objectives, focus on strategic initiatives and reduce operations costs. The company's professional and managed services are based on IT Infrastructure Library (ITIL) best practices and years of technical experience. Through its managed services offering, InteQ handles the day-to-day proactive monitoring and management of networks, servers, databases and applications in over 20 countries, allowing organizations to focus on business-critical IT issues without losing control. InteQ was founded in 1995 and is headquartered in Bedford, Massachusetts. For more information, visit www.inteqnet.com or call 1-888-4IT-MGMT.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other’s acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names “Deloitte”, “Deloitte & Touche”, “Deloitte Touche Tohmatsu” or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.
Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.
