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Pragmatech Software Named One of New England’s Fastest Growing Technology Companies in Deloitte & Touche “Fast 50” ProgramAmherst, NH, company achieves 614% revenue increase over 5-year periodAmherst, N.H., September 23, 2002 — Pragmatech Software, the leading provider of sales effectiveness and proposal automation solutions, today announced that it has ranked 37th on the prestigious Deloitte & Touche “Technology Fast 50" – a list of the 50 fastest growing technology companies in New England. Rankings are based on the percentage of growth in fiscal year revenues from 1997 to 2001. The Deloitte & Touche Technology Fast 50 program recognizes New England-based companies that have achieved the most rapid revenue growth between 1997 and 2001. Pragmatech experienced 614% growth over the 5-year period, with $8.1 million in revenues for the year ended 2001. The average increase in revenues among companies who made the Fast 50 list for this region was 5,390%. "Pragmatech is proud to be acknowledged by Deloitte and Touche as a leader in the region’s high technology sector," said Pragmatech's co-founder and CEO, Brooke Savage. "Our strong business objectives and financial discipline, coupled with the demand and market acceptance of our proposal automation solutions, have helped us achieve significant growth during the last 5 years.” “We are pleased to be named to New England’s Fast 50 list for the second consecutive year,” said Melissa Mabon, Pragmatech co-founder and CTO. “This continued recognition encourages us to remain focused on our core competencies while continually improving our operating efficiency and product quality.” To qualify for the Fast 500, companies must have had operating revenues of at least $50,000 in 1997 and $1,000,000 in 2001, must be public or private companies headquartered North America, and be "technology companies" (defined as companies that own proprietary technology that contributes to a significant portion of the company’s operating revenues or devotes a high percentage of effort to research and development of technology). 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. The New England Technology Fast 50 program is presented by Deloitte & Touche and Hale and Dorr, in association with the sponsor, Mazonson Inc. In addition, Mass High Tech and Trinity Communications are associated with the program. About Pragmatech Pragmatech Software, Inc., is the leading developer of innovative and intelligent web-based sales effectiveness software solutions. The company serves more than 1,500 customers in a variety of industries, including financial services, banking, healthcare, telecommunications, legal, insurance, technology, and others. The company’s Sales Effectiveness Software Suite, which includes The RFP Machine® and The Proposal Assembler™, greatly simplifies the process of creating winning business proposals and responding to Requests for Proposals (RFPs) and Requests for Information (RFIs) for sales and marketing professionals and, with Web Publisher™, expands the means through which corporate messaging is disseminated. Pragmatech Software, Inc., is headquartered in Amherst, New Hampshire, and has offices in San Francisco, Dallas, Atlanta, Chicago, and New York. Pragmatech Software Europe Limited, based in Reading, UK, is the company’s European Subsidiary. For more information on the company, visit www.pragmatech.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 100 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 five consecutive years. Deloitte & Touche refers to Deloitte & Touche LLP and related entities. Deloitte & Touche is the US 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 www.deloitte.com/us. For more information on the Technology Fast 50 and Fast 500 programs, please visit www.fast50.com. Editorial Contact: Viveca Woods VMW Public Relations 646-418-6934 Viveca@optonline.net top of page |
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