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PRAGMATECH SOFTWARE RANKED 268th FASTEST GROWING TECHNOLOGY COMPANY IN NORTH AMERICA ON 2001 DELOITTE & TOUCHE TECHNOLOGY FAST 500Attributes its 2,127 Percent Revenue Growth to Dedicated Team Approach to Bringing Innovative Solutions to MarketAmherst, NH, November 20, 2001 -- Pragmatech Software, Inc., a leading provider of sales effectiveness software, today announced that it ranked Number 268 on the 2001 Deloitte & Touche Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on five-year percentage revenue growth from 1996-2000. Pragmatech experienced a 2,127 percent growth in revenue during this period.Pragmatech CEO Brooke Savage credits the company’s consistent revenue growth over the past three years to a dedicated team approach to developing, marketing, and selling sales effectiveness software solutions. “Our growth for which we're being recognized today is a direct result of the constant effort made by everyone in this company to make available to the marketplace the most sophisticated sales effectiveness software products. I’m grateful to our employees and to our customers who made this happen.” “To rank on the 2001 Deloitte & Touche Technology Fast 500, companies must have had five-year revenue growth exceeding 824 percent. With its 2,127 percent five- year growth rate, Pragmatech has proven to be one of the fast-growth success stories for 2001, and we applaud this significant accomplishment,” said Mark A. Evans, managing director, Deloitte & Touche Technology & Communications Group. In addition to its ranking on the Deloitte & Touche Technology Fast 500, Pragmatech ranked number 21 on the Deloitte & Touche New England Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in New England. Fast 500 Selection and Qualifications The Fast 500 list is compiled from three sources: winners of Deloitte & Touche’s 22 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have had 1996 revenues of at least $50,000 USD and $75,000 CD for the United States and Canada, respectively. Entrants are public or private companies headquartered in North America and must be a “technology company,” defined as a company that develops proprietary technology that contributes to a significant portion of the company’s operating revenues, manufactures a technology-related product, or devotes a high percentage of effort to research and development of technology. Technology Fast 500 winners are invited to an exclusive CEO Summit that will be held from May 8–10, 2002, at The Breakers Resort, Palm Beach, Florida. The CEO Summit, now in its fourth year, is designed to address the unique business challenges facing these super-charged technology companies. About Deloitte & Touche Deloitte & Touche LLP, 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 our clients and our 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 four consecutive years. Deloitte & Touche is the U.S. 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.us.deloitte.com. About Deloitte & Touche’s Technology & Communications Group The Technology & Communications Group is composed of service professionals who have a wealth of experience serving technology and communications companies throughout the world in areas including Internet, software, semiconductors, cable, media and publishing, communication utilities, networking, wireless, computers and peripherals, and related industries. These specialists understand the challenges that technology and communications companies face throughout all stages of their business growth cycle and are committed to helping them succeed. Deloitte & Touche is a leader in providing strategic, financial, operational, and information technology assistance to its technology and communications clients. About Pragmatech Pragmatech Software develops and markets innovative and intelligent web-based sales effectiveness software solutions for a variety of industries, including financial services, banking, healthcare, telecommunications, legal, insurance, technology, and many 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 the addition of 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, visit Pragmatech Software on the World Wide Web at http://www.pragmatech.com. Editorial Contact: Tom McFarland Vector Communications, Inc. 617 846 1116 tmcfarland@vector-comm.com top of page |
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