"Deloitte's Maryland Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today's very competitive technology environment," said Mr. Gary H. Tabach, Managing Partner for Deloitte's Greater Washington Practice. "We applaud the successes of V-Empower, Inc. and acknowledge it as one of the very few to accomplish such an impressive growth rate over the past five years."
"The 2007 Maryland Fast 50 have experienced remarkable growth while competing with technology and life sciences companies in this global marketplace. Today, we congratulate the winning companies on their noteworthy accomplishments and continued growth," said Mr. William J. Perlstein, Co- Managing Partner of WilmerHale.
Winners are selected based on percentage revenue growth over five years from 2002 to 2006. To be considered, Technology Fast 50 entrants must: have operating revenues of at least $50,000 in 2002 and at least $5,000,000 in 2006; be headquartered in Maryland; be a "technology company," defined as a company that owns proprietary technology that contributes to a significant portion of its operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology in a unique way does not qualify. Subsidiaries and divisions are not eligible, unless they have some public ownership and are separately traded.
The Technology Fast 50 company rankings are as follows:
2007 Rank Company Name City 5yr%
1 V-Empower Inc. Bowie 9268%
2 NexTone Communications, Inc. Gaithersburg 2812%
3 Sourcefire, Inc. Columbia 2263%
4 VISICU, Inc. Baltimore 1993%
5 BroadSoft, Inc. Gaithersburg 1499%
6 iBiquity Digital Corporation Columbia 1045%
7 Proteus Technologies, Inc. Annapolis 1018%
8 APC Wireless Rockville 991%
9 Viamericas Corporation Bethesda 845%
10 iJET Intelligent Risk Systems Annapolis 722%
11 InfoZen, Inc. Rockville 646%
12 Human Genome Sciences, Inc. Rockville 622%
13 Welocalize Inc. Frederick 582%
14 EntreMed, Inc. Rockville 514%
15 Martek Biosciences
Corporation Columbia 488%
16 United Therapeutics
Corporation Silver Spring 430%
17 Paradigm Infotech, Inc. Columbia 427%
18 Cbay Systems and Services
Inc. Annapolis 328%
19 Systems Integration &
Development, Inc. Rockville 316%
20 SP Systems, Inc. Greenbelt 312%
21 Catapult Technology, Ltd. Bethesda 304%
22 WealthEngine.com Bethesda 302%
23 NETCONN Solutions Hagerstown 284%
24 Vocus, Inc. Lanham 250%
25 Tresys Technology, LLC Columbia 243%
26 TVI Corporation Glenn Dale 225%
27 Chesapeake Research Review,
Inc. Columbia 221%
28 Metastorm, Inc. Baltimore 182%
29 CNSI Rockville 181%
30 Universal Security
Instruments, Inc. Owings Mills 176%
31 Gryphon Technologies, LC Greenbelt 174%
32 Optelecom, Inc Germantown 165%
33 Barcoding Inc. Baltimore 159%
34 Advanced Concepts, Inc. Columbia 151%
35 Infinite Computer Solutions Rockville 143%
36 Integral Systems, Inc. Lanham 129%
37 GenVec, Inc. Gaithersburg 125%
38 United Industrial Corp. Hunt Valley 118%
39 Dataprise, Inc. Rockville 101%
40 CoStar Group, Inc. Bethesda 100%
41 Advanced Broadband Solutions,
Inc. Rockville 97%
42 Emergent BioSolutions Inc. Rockville 94%
43 CSI Engineering, PC Beltsville 91%
44 MICROS Systems, Inc. Columbia 82%
45 OPNET Technologies, Inc. Bethesda 70%
46 NMR Consulting Annapolis 66%
47 Stratos Global Corp. Bethesda 65%
48 Spherix Incorporated Beltsville 64%
49 Savantage Solutions Rockville 62%
50 Ciena Corporation Linthicum 56%
Also this year, Deloitte's 2007 Technology Fast 50 Awards program will premiere the Technology Fast 50 Business Diversity Awards. The Deloitte Technology Fast 50 Business Diversity Awards acknowledge the growing importance of an innovative group of local small technology businesses in Maryland and Virginia that are owned and managed by individuals classified by the U.S. Small Business Administration as having one or more of the following small business designations: Minority-Owned, Woman-Owned, Veteran-Owned, Service Disabled Veteran-Owned, Small Disadvantaged Business, and HUBZone.
Companies receiving this award include (in rank order):
1. Ideal Innovations
2. Ecompex, Inc.
3. PRO-telligent, LLC
4. G&B Solutions, Inc.
5. InfoZen, Inc.
6. Access Systems, Inc.
7. ConceptSolutions
8. ActioNet, Inc.
9. SP Systems, Inc.
10. Catapult Technology, Ltd.
The Maryland Technology Fast 50 program is hosted by Deloitte & Touche LLP, along with WilmerHale, NASDAQ and SmartCEO magazine.
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