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Aquire Named One of Texas' Fifty Fastest-Growing Technology Companies
Deloitte & Touche Annouces Texas' Fifty Fastest-Growing Technology Companies
Dallas - (Business Wire) - The fastest-growing technology companies in Texas were announced today by Deloitte & Touche. The Texas Crescent Technology Fast 50 is the first awards program that ranks technology companies located throughout Texas by revenue growth over a five-year period.
"In an era where technology companies come and go like shooting stars, making the Deloitte & Touche Texas Crescent Technology Fast 50 is a testament to the leadership of these companies and their ability to not only have the right solution for that moment in time, but also the vision that allows growth over five years," said Sandy Rothe, Managing Partner of the Texas Technology & Communications practice at Deloitte & Touche. "These companies have proven that their leadership has the right stuff to succeed, and we at Deloitte & Touche salute their accomplishments."
Topping the list is PFSweb, Inc. of Plano with a five-year revenue growth rate of 77,924% moving from $111,000 in 1996 to $86,607,000 in 2000. PFSweb offers outsourcing services to e-commerce businesses, including help with logistics, customer service, and inventory management.
Second on the Texas Crescent Technology Fast 50 is Synhrgy HR Technologies, Inc. of Houston with a five-year revenue growth rate of 20,934%. Synhrgy HR Technologies, Inc. provides integrated human resources for the e-business economy through self-service Web tools and full service center solutions.
Third and fourth on the list are Austin-based companies. Crossroads Systems, Inc. had a five-year revenue growth rate of 6,617%. SigmaTel, Inc., ranked number four, had a five-year revenue growth rate of 6,318%.
Rounding out the top five fastest-growing technology companies in Texas is Dallas-based Efficient Networks, Inc. with a five-year growth rate of 5,384%.
The complete 2001 Texas Crescent Technology Fast 50 companies in ranked order are as follows:
Rank Company Name City 5 Year % Ticker Exchange
---------------------- ------- ---------- ------ ----------
1 PFSweb, Inc. Plano 77,924% PFSW NASDAQ
2 Synhrgy HR Technologies,
Inc. Houston 20,934% private
3 Crossroads Systems, Inc. Austin 6,617% CRDS NASDAQ
4 SigmaTel Inc. Austin 6,318% private
5 Efficient Networks, Inc. Dallas 5,384% EFNT NASDAQ
6 Chorum Technologies Inc. Richardson 5,207% private
7 Lexicon Genetics Spring 4,625% LEXG NASDAQ
Incorporated
8 Evercom, Inc. Irving 4,159% private
9 MetaSolv Software, Inc. Plano 3,350% MSLV NASDAQ
10 Cyberonics, Inc. Houston 3,280% CYBX NASDAQ
11 AIVIA, Inc. Dallas 2,946% private
12 gnubi communications,
Inc. Addison 2,843% private
13 Millbrook Corporation Carrollton 2,417% private
14 ProsoftTraining Austin 2,058% POSO NASDAQ
15 Aquire, Inc. Irving 2,010% private
16 i2 Technologies, Inc. Dallas 1,375% ITWO NASDAQ
17 Universal Conversion
Technologies Addison 1,306% private
18 EXE Technologies, Inc. Dallas 1,274% EXEE NASDAQ
19 NEON Systems, Inc. Sugarland 1,177% NESY NASDAQ
20 Entrust, Inc. Plano 1,059% ENTU NASDAQ
21 CYNET, Inc. Houston 1,039% CYNE NASDAQ
22 Pegasus Solutions, Inc. Dallas 918% PEGS NASDAQ
23 ViewCast.com, Inc. Dallas 853% VCST NASDAQ
24 Petris Technology, Inc. Houston 767% private
25 Digital Motorworks, Inc. Austin 704% private
26 Hoover's, Inc. Austin 689% HOOV NASDAQ
27 BindView Development
Corp. Houston 682% BVEW NASDAQ
28 Internet America, Inc Dallas 677% GEEK NASDAQ
29 InfoSphere Inc. Fort Worth 431% private
30 Eagle Wireless
International, Inc. League City 415% EAG AMEX
31 Affililated Computer
Services, Inc. Dallas 395% ACS NYSE
32 Alliance Systems, Inc. Plano 387% private
33 Dell Computer
Corporation Austin 377% DELL NASDAQ
34 DocuCorp International,
Inc. Dallas 344% DOCC NASDAQ
35 Pervasive Software, Inc. Austin 315% PVSW NASDAQ
36 Carreker Corporation Dallas 309% CANI NASDAQ
37 BMC Software, Inc. Houston 301% BMC NYSE
38 BenefitMall, Inc. Dallas 295% private
39 Inet Technologies, Inc. Richardson 278% INTI NASDAQ
40 SBC Communications Inc. San Antonio 270% SBC NYSE
41 ILEX Oncology, Inc. San Antonio 239% ILXO NASDAQ
42 Global Election Systems
Inc. McKinney 234% GLE AMEX
43 @Track Communications,
Inc. Richardson 233% ATRK NASDAQ
44 Aphelion, Inc. Houston 201% private
45 Classic Communications,
Inc. Austin 197% CLSC NASDAQ
46 InterVoice-Brite, Inc. Dallas 195% INTV NASDAQ
47 ATSI Communications,
Inc. San Antonio 193% AI AMEX
48 Megha Systems, Inc. Dallas 177% private
49 TelStrat International Plano 172% private
50 SofTechnics, Inc. Garland 162% private
Fast 50 companies must have 1996 operating revenues of at least $50,000 and 2000 operating revenues of at least $1,000,000; must be a U.S. company developing and/or providing technology products or services; and must have been in business for at least five years. The finalists are eligible to compete in the Technology Fast 500, also sponsored by Deloitte & Touche, ranking the nation's top 500 fastest growing technology companies. Rising Stars Also Named "In technology, the pace of change gets faster every year," Mr. Rothe said. "That's why we've added the Rising Stars category to recognize technology companies that are quickly making a name for themselves. They have met the same criteria as the Fast 50, except they have been in business a minimum of three years, but less than five years. We expect to see these Rising Stars on the Fast 50 very soon."
Deloitte & Touche named six Texas Crescent Technology Rising Star award winners for 2001.
Company Name City 3 Year % Ticker Exchange
-------------------- ------ -------- ------ --------
NetVoice Technologies,
Corp. Dallas 27,907% NTVT NASDAQ
Sage Telecom, Inc. Dallas 19,802% private
Allied Riser
Communications, Corp. Dallas 6,660% ARCC NASDAQ
Enerva Technologies Houston 3,286% private
Allegiance Telecom, Inc. Dallas 2,815% ALGX NASDAQ
Motive Communications, Inc. Austin 1,888% private
The Fast 50 program is presented by Deloitte & Touche, in association with Haynes and Boone.
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