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  Deloitte and Touche "Fast 50" ---2001--|back| pdf |
deloitte and touche
deloitte and touche


Network Outsource, Inc.
Named One of Long Island’s
Fastest Growing Technology Companies in 2001
by Deloitte & Touche’s "Fast 50" Program

New Hyde Park, NY, August 28, 2001 –


Network Outsource, Inc. has been named to Deloitte & Touche’s prestigious "Fast 50"
Program for Long Island, a ranking of the 50 fastest growing technology companies
in the area. Rankings are based on the percentage of growth in revenues from 1996-2000
These companies, which impact a broad spectrum of industries, are defying conventional
wisdom by consistently expanding their revenues over a substantial period of time.

Network Outsource’s CEO, Adam Mahoney credits an emphasis on customer service
as the reason for the company’s 500% revenue growth rate over the past five years.
He said, "Our focus on customer satisfaction has been the catalyst for our growth.
This award is a great tribute to our employee’s hard work over the past five years."

Through the Fast 50 program, Deloitte & Touche has been following the growth of
Long Island’s technology industry for five years," said Adam Weisman, Long Island
Office Managing Partner. "As competition remains tough for these companies,
Network Outsource has proven to sustain its business and we are happy to support
their efforts by recognizing their achievements and continued growth."
Network Outsource increased revenues 500% over the five-year period of 1996-2000.
The average increase in revenues among companies who made the Fast 50 for this
region was approximately 105%.

To qualify for the Fast 50, companies must have had operating revenues of at least $50,000
in 1996 and $1,000,000 in 2000, must be a public or private technology company
headquartered on Long Island. The Fast 50 defines a "technology company" as a business
that produces technology, manufacturers a technology product,
or devotes a high percentage of effort to research and development of technology.
Winners of the 22 regional Fast 50 programs in the United States and Canada are automatically
entered in the Deloitte & Touche Fast 500 program, which ranks the nation’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 Network Outsource, Inc.

Network Outsource, Inc. is a full-service technology integration firm. The Company provides small
businesses and educational clients with a host of computer, network,
and telecommunication services, including: Local Area Networking, Wide Area Networking,
Network and Telecommunication Cabling, Virtual Private Networking, Software Customization,
Network Installation and Configuration, Service and Maintenance Contracts, High Speed Internet Access, Telephone System Installation and Maintenance, and Computer Consulting. For more information visit the
web site at www.networkoutsource.com.

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
its clients and its people excel. Known as an employer of choice for its 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. For more information visit Deloitte & Touch’s web site at www.us.deloitte.com.

About Deloitte & Touche’s Technology & Communications Group

The Technology & Communications Group is composed of services 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.

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