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Ventera Named One of Virginia's 50 Fasting Growing Technology CompaniesMcLean, VA - October 10, 2006 - Ventera, an information technology professional services company, has been named number 44 among Deloitte's 2006 "Technology Fast 50" Program for Virginia. The Technology Fast 50 ranks companies according to their percentage revenue growth over five years from 2001-2005. During that time Ventera's revenue grew from under $7 million to more than $18 million, a compound growth rate of 167%. Robert Acosta, CEO of Ventera, said "Ventera continues to be recognized each year for our company's growth. This represents a strong vote of confidence from our customers who appreciate the fact that our people are the best in the business." To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2001 and $5,000,000 in 2005, be headquartered in North America, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Andrew Harris, Deloitte's Southeast TMT RIL Regional Managing Partner, congratulated the Fast 50 companies, saying "Deloitte's Virginia Technology Fast 50 companies have shown the strength, vision, and tenacity to succeed in today's very competitive technology environment. We applaud the successes of Ventera and acknowledge it as one of the very few to accomplish such a fast growth rate over the past five years." About VenteraVentera is an information technology professional services firm providing IT services that span the technology lifecycle and include IT strategy and technology consulting, web-based application development, systems integration, independent verification and validation, and program and project management. Ventera helps clients realize the full business potential of technology by improving and simplifying business operations before automating them. For more information contact Joe McMahon Jr. at Ventera: (703) 760-4600 or visit www.ventera.com. |
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