Aquire Named One of Texas Crescent’s Fastest Growing Technology Companies in Deloitte & Touche Technology Fast 50 Program
- Company attributes expanding market focus and innovative product development to its 262 percent five year growth rate -
IRVING, Texas — September 15, 2003 — Aquire, an international provider of Web-based organizational charting software, has been named to Deloitte & Touche's prestigious Technology Fast 50 Program for Texas, a ranking of the 50 fastest growing technology companies in Texas by Deloitte & Touche LLP, one of the nation’s leading professional services firms. Rankings are based on the percentage of growth in fiscal year revenues over five years, from 1998–2002.
Aquire’s CEO Lois Melbourne credits the company's 262 percent revenue growth from 1998–2002 to maintaining a strong competitive edge and developing products that customers need and want. She said, "Our customers work with our products everyday, which is why we take customer feedback so seriously. Before we develop new products, we conduct focus groups, research industry trends, identify untapped or potential markets and most importantly – carefully evaluate customer requests for new features and enhancements."
Aquire’s increase in revenues resulted in a # 37 ranking overall in the Fast 50 for Texas. The average increase in revenues among companies who made the Fast 50 for this region was 2,908 percent.
"To succeed during prosperous times is one thing; to succeed in adversity is much more challenging, and that’s exactly what the Deloitte & Touche Technology Fast 50 winners have done," said Skip Moore, Regional Managing Partner for Telecommunications, Media & Telecommunications for Deloitte & Touche. "We applaud Aquire for its tremendous accomplishments during economically challenging times and for being one of the elite Fast 50 companies in Texas."
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 1998 and $1,000,000 in 2002, must be public or private companies headquartered in North America, and be a "technology company" defined as owning proprietary technology that contributes to a significant portion of the company's operating revenues (using other companies’ technology in a unique way does not qualify); and/or devoting a significant proportion of revenues 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.
About Aquire
Founded in 1994 by Lois and Ross Melbourne, Irving, Texas-based Aquire, Inc. develops Internet/Intranet-based, organizational charting software used by more than 1,700 organizations in more than 53 countries. Customers include American Airlines, Braun Gillette, Colgate-Palmolive, Reliant Energy, Verizon, among others. With more than three million individuals charted worldwide, OrgPublisher for Intranets, the company's flagship product, continues to be the interactive org charting software of choice by many of the Fortune 500’s elite. Stand-alone or combined, Aquire’s products OrgPublisher and OrgBuilder provide the most comprehensive tools for creating, maintaining, distributing, and analyzing organizational information across the enterprise.
Aquire has received numerous awards recognizing its growth, product quality and service record. Most recently, Aquire gained its place on the prestigious Inc 500 list, which ranks the nation’s fastest-growing private companies. The company is ranked on the Deloitte & Touche Fast 500, as well as the Deloitte & Touche Texas Crescent Technology Fast 50. Aquire has also been recognized by Software Magazine for being a Top 500 company, and by the Dallas Business Journal for three consecutive years as one of the 50 fastest-growing, high-tech companies in Dallas-Fort Worth. The company also received the Greater Dallas Chamber International Business Achievement Award for small businesses and the Small Business Administration’s Exporter of the Year Award.
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 80 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 six 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.
