NETWORK OUTSOURCE
...making IT work for you
Network Outsource, Inc.
Named The 7th Fastest Growing Technology Company
on Long Island in 2003
by Deloitte & Touche’s "Fast 50" Program
New Hyde Park, NY, September 8, 2003 –
Network Outsource, Inc. has been named to Deloitte & Touche’s prestigious "Fast 50" Program for Long Island for the third consecutive year. Rankings are based on the percentage of growth in revenues from 1998-2002. These companies, which impact abroad 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 client satisfaction and streamlined efficiency as the reasons for the company’s 500% revenue growth rate over the past five years. He said, "We have worked very hard to perform effectively and efficiently
for our customers. It is a great honor to be singled out by Deloitte and Touche over the past 3 years. Reaching seventh on their prestigious list is quite an honor. We will continue to strive for excellence and we will be back next year."
"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 esearch 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 orFast 500 programs, visit www.fast500.com.
About Network Outsource, Inc.
Network Outsource is a Network Management Provider. The company provides individual schools, school districts, non for profit agencies and companies in many other industries a host of products and services including Server and Desktop Implementation, Network Infrastructure Installation and Support, IP Telephone System Installation and Support, Security Analysis and Business Continuity Services, Remote Access, Remote Monitoring and Remote Management Capabilities, Internet, WAN and VPN Services, and Network Management Services such as HelpDesk and Maintenance support.
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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