Courion Ranked Eighteenth on Deloitte’s List of the Fastest Growing Technology Companies in New England (email this article)

FRAMINGHAM, Mass. — September 30, 2004 — Courion® Corporation (Company Profile, Past Stories, Case Studies), a leading provider of self-service identity management solutions, has been ranked eighteenth on Deloitte's list of the fastest growing technology companies in New England. The prestigious Deloitte Technology Fast 50 Program for New England is 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 1999–2003. Courion experienced an extraordinary 812 percent growth rate in this timeframe.

“We are delighted to be recognized as the eighteenth fastest growing technology company in New England” said Chris Zannetos, president and CEO of Courion. “This recognition is truly the result of the commitment our team has made to quickly and efficiently deliver the most innovative self-service identity management products and services to the market. Our rapid growth is a direct result of the work we are doing to provide our customers with an excellent experience that leads to repeat business with current customers and easily earns the confidence of new customers. We anticipate continued growth as identity management initiatives expand within organizations, automating identity management processes from user provisioning to industry and regulatory compliance.”

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 1999 and $1,000,000 in 2003, 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.

“The Deloitte New England Technology Fast 50 companies have shown the strength, vision and temerity to succeed despite a very challenging technology environment,” said Stephen DiPietro, Deloitte partner responsible for the New England Technology Fast 50 Program. “We applaud the successes of Courion and acknowledge their place as one of the very few to accomplish such a fast growth rate over the past five years.”

The New England Technology Fast 50 Program is co-sponsored by Wilmer Cutler Pickering Hale and Dorr, and is supported by Mazonson, the American Stock Exchange and Mass High Tech.

Winners of the 19 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte Technology Fast 500 program, which ranks North America’s top 500 fastest growing technology companies. For more information on the Fast 50 or Fast 500 programs, visit www.fast500.com.

About Courion
CourCourion Corporation provides award-winning self-service identity management solutions in Identity Management Suite™. Over 220 enterprise customers worldwide including 50 of the FORTUNE 500 utilize the Suite to securely automate routine, manual processes for user provisioning, password management, industry and regulatory compliance, virtual directory management and digital certificate management. By leveraging the existing infrastructure and integrating disparate workflows within the enterprise, Courion solutions d rive operational efficiency, optimize user productivity, strengthen security, reduce costs and ensure efficiency in achieving policy compliance. For more information, contact Courion's headquarters in Framingham, MA, USA at 508-879-8400 or visit www.courion.com.

2004 Courion Corporation. All rights reserved. Courion, PasswordCourier and AccountCourier are registered trademarks of Courion Corporation. All other company and product names may be trademarks of their respective owners.