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  Deloitte and Touche "Fast 50" ---2002--|back| pdf |
deloitte and touche
deloitte and touche

Network Outsource, Inc.
Named -One of Long Island’s Fastest Growing Technology Companies in 2002 by
Deloitte & Touche’s "Fast 50" Program for Second Straight Year


New Hyde Park, NY, August 28, 2002

Network Outsource, Inc. has been named to Deloitte & Touche’s prestigious "Fast 50" Program for Long Island for the second consecutive year, a ranking of the 50 fastest growing technology
companies in the area. Rankings are based on the percentage of growth in revenues from
1998-2002 (six-year period). 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. It gives us great satisfaction to make this prestigious list two years in a row. This tells us that we are doing something right.
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 six 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 six-year period of 1998-2002. 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 1998 and $1,000,000 in 2002, 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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