Press Release
Contact:
Ayesha Rahman
(301) 258-5600
arahman@savantage.net
FOR IMMEDIATE RELEASE
Savantage Solutions Named One of Maryland’s Fastest Growing Technology Companies for 2nd Consecutive Year in Deloitte’s Technology Fast 50 Program
ROCKVILLE, Maryland - September 29, 2006
Deloitte & Touche named Savantage Solutions as a Maryland Fast 50 Technology company for 2006, the second consecutive year Savantage has received this recognition. Deloitte & Touche's prestigious Technology Fast 50 Program ranks the 50 fastest growing technology companies in the state, based on the percentage revenue growth over five years from 2001-2005.
"Being named one of Maryland's fastest growing for the second consecutive year is a reflection of the tremendous growth we're experiencing," said Lisa Kazor, CEO of Savantage. Kazor stated, "This award further reflects the hard work and accomplishments of our innovative and experienced team."
"To rank on Deloitte's Technology Fast 50, companies must have phenomenal revenue growth over five years. Savantage has proven to be one of the fast-growth success stories in Maryland, and we applaud their dedication to making their vision a reality," said Andrew Harrs, Deloitte's Southeast regional managing partner for the Technology, Media and Telecommunications Industry Practice. "We are proud to honor Savantage as a Deloitte Technology Fast 50 winner."
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2001 and $1,000,000 in 2005, be headquartered in Maryland, and must fit Deloitte's strict definition of a technology company.
As a Technology Fast 50 winner, Savantage will be profiled in a special section of the October 2006 issue of Washington SmartCEO magazine.
About Savantage Solutions, Inc.
Savantage Solutions provides accounting, information technology, financial systems and e-business solutions to government agencies. Savantage is one of only five vendors of financial management systems certified for federal use by the Financial Systems Integration Office (formerly known as the JFMIP). A woman-owned business headquartered in Rockville, Maryland, Savantage takes pride in its emphasis on service excellence. For more information, please contact our corporate office in Rockville, MD at 301-258-5600 or visit us at www.savantage.net.
About Deloitte & Touche
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.
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