|
OR
Maureen Miller
Strategic, Custom Technology Solutions Drive 3,630% Revenue Growth Piscataway, NJ, November 14, 2001 – Quadrix Solutions, a boutique firm focused on custom solutions that deliver a strategic advantage for its select clientele, announced that it ranked Number 177 on the 2001 Deloitte & Touche Technology Fast 500. The Fast 500 is a ranking of the 500 fastest growing technology companies in North America. Rankings are based on five-year percentage revenue growth from 1996-2000. Defying the economic downturn and the collapse of the dot.coms, Quadrix Solutions, a systems integrator and custom managed colocation solutions provider, grew 3,630 percent during this period, making it the sixth fastest growing technology company in New Jersey. The average increase in revenues among companies who made Deloitte & Touche’s New Jersey Technology Fast 50 was 667 percent. “With its phenomenal 3,630 percent five-year growth rate, Quadrix Solutions has proven to be one of the fast-growth success stories for 2001, and we applaud this significant accomplishment,” states Mark A. Evans, managing director, Deloitte & Touche Technology & Communications Group. “Being one of the 500 fastest growing technology companies in North America is an impressive accomplishment, because it measures sustained revenue growth over five years. We commend the leaders at Quadrix Solutions for having the vision and the fortitude to excel in the highly competitive technology industry.” “It is high praise indeed to be recognized as one of the fastest growing technology companies in all of North America,” asserts Ben Reytblat, co-founder and CEO of Quadrix Solutions. “Our spectacular growth would not have been possible without the talented team we assembled to deliver custom technology solutions that enable our clients to stay in front of the competition. We focus on that rare breed of client who values technology because it enables a strategic leap forward. By establishing long-term partnerships with select companies, we develop the insight that is necessary to match emerging technologies to strategic business opportunities, delivering breakthrough improvements for our clients.” “We understand our client’s business goals, which enables us to develop the custom technology solutions that will keep the client’s vision alive,” continues Reytblat. “All this, together with our passion to absolutely delight our customers, has allowed us to thrive, while also significantly raising the bar for our competitors.” The Fast 500 list is compiled from three sources: winners of Deloitte & Touche’s 22 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have had 1996 revenues of at least $50,000 USD and $75,000 CD for the United States and Canada, respectively. About Deloitte & Touche Deloitte & Touche LLP, 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 100 U.S. cities. The firm is dedicated to helping our clients and our 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 four consecutive years. Deloitte & Touche is the U.S. 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.us.deloitte.com. About Deloitte & Touche’s Technology & Communications Group The Technology & Communications Group is composed of service professionals who have a wealth of experience serving technology and communications companies throughout the world in areas including Internet, software, semiconductors, cable, media and publishing, communication utilities, networking, wireless, computers and peripherals, and related industries. These specialists understand the challenges that technology and communications companies face throughout all stages of their business growth cycle and are committed to helping them succeed. Deloitte & Touche is a leader in providing strategic, financial, operational, and information technology assistance to its technology and communications clients. About Quadrix Solutions Quadrix Solutions, a systems integrator and managed colocation services provider, designs and implements eBusiness solutions at its eSolutions Centers and then supports them over the long-term at its eData Centers. Quadrix Solutions pioneered the use of Design For eXcellence (DFX) in powering the Internet economy, and defines "eXcellence" in terms of quality, time-to-market, reliability, scalability, security, operability, serviceability and maintainability. Quadrix Solutions’ clients include AT&T, American Cyanamid, BMG Direct, BMG Entertainment, GetMusic, LEGO Mindstorms, Medscape, SmartMoney.com and Verizon. Quadrix Solutions (is affiliated with best-of-breed technology vendors such as ADIC, Allaire Corp., Art Technology Group, Check Point Software Technologies, Cisco Systems, EMC, F5 Networks, Level 3 Communications, RAID Power, Sun Microsystems, Tech Data and WatchGuard. |