InstallShield® Named One of Fastest-Growing Technology Companies in North America by Deloitte and Touche Technology Fast 500
SCHAUMBURG, Illinois, November 20, 2000 – InstallShield® Software Corp., the leader in Internet-ready software installation and distribution solutions, today announced that it has been named to the prestigious Deloitte and 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 1995-1999.
Stan Martin, InstallShield’s president and chief operating officer credits superior technology and customer-focused product and service offerings with the company's 616 percent revenue growth over the past five years.
"Our commitment to delivering solutions that solve real-world problems continues to drive our success," said Martin. "Solid technology, passion and the fortitude to excel have pushed InstallShield to be recognized as the defacto standard for software installations around the world. Those guiding principles remain constant as we extend the standard by offering products and services that facilitate the consumption and management of software and digital content across the Internet."
"The vision, drive and determination of the leaders and employees at InstallShield propelled their company to an elite status as one of 500 fastest-growing technology firms in the U.S. and Canada," said Mark A. Evans, managing director of Deloitte and Touche’s Technology and Communications Group. "We applaud their dedication to excellence while maintaining a fast-paced growth, and commend them for making the Deloitte and Touche Technology Fast 500."
In addition to its spot on the Deloitte andTouche Technology Fast 500, InstallShield recently ranked 10th place in the Greater Chicagoland Technology Fast 50, a ranking of the 50 fastest growing technology companies in the Chicagoland area. InstallShield also recently earned its fourth inclusion in the prestigious Inc. 500, Inc. Magazine’s comprehensive guide to America’s fastest-growing private companies. InstallShield continues to round out its offerings with more complete solutions for customers including software, support, training and professional services. InstallShield has also expanded its solutions portfolio beyond the Windows platform, partnering with industry leaders IBM and Sun Microsystems to successfully introduce multi-platform installation solutions.
The majority of Fast 500 winners, or 46 percent, are in the software industry. Seventeen percent are Internet related, and nine percent are in the biotechnology industry. The remaining companies are in medical, technical and scientific manufacturing at nine percent, communications at nine percent, computers and peripherals at five percent and semiconductors, components and electronics at two percent, with the remaining three percent in other types of technology.
Fast 500 Selection and Qualifications
In its selection of the 2000 Fast 500, Deloitte andTouche’s team reviewed financial records for more than 5,000 public and privately held technology companies. To qualify, companies must: (1) have had 1995 revenues of at least $50,000 USD and $75,000 for the United States and Canada, respectively; (2) be headquartered in the United States or Canada; and (3) be a "technology company." "Technology company" is defined as one that develops proprietary technology which contributes to a significant portion of the company’s operating revenues, manufactures a technology product, or devotes a high percentage of effort to the research and development of technology.
About Deloitte andTouche
Deloitte andTouche, one of the nation’s leading professional services firms, provides assurance and advisory, tax, and management consulting services through 30,000 people in more than 100 U.S. cities. The firm is dedicated to exceeding the expectations of its clients and its people. Known as an employer of choice for its innovative human resources programs, Deloitte andTouche has been recognized as one of the "100 Best Companies to Work for in America" by Fortune magazine for three consecutive years. Deloitte %26 Touche is part of Deloitte Touche Tohmatsu, one of the world’s leading professional services firms, with more than 90,000 people in over 130 countries. For more information on Deloitte and Touche, visit www.us.deloitte.com. For more information on the Deloitte and Touche Technology Fast 500 or Technology Fast 50 programs, visit www.fast500.com