Network
Outsource, Inc.
Named One of Long Islands
Fastest Growing Technology Companies in 2001
by Deloitte & Touches "Fast 50" Program
New Hyde Park, NY, August 28, 2001
Network Outsource, Inc. has been named to Deloitte & Touches
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 Outsources CEO, Adam Mahoney credits an emphasis on customer
service
as the reason for the companys 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 employees hard work over
the past five years."
Through the Fast 50 program, Deloitte & Touche has been following
the growth of
Long Islands 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
nations 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 nations 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 & Touchs web site
at www.us.deloitte.com.
About Deloitte & Touches 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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