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VBrick Hits Washington Technologys Fast 50 ListCompany sees 124% growth in government sales (September 20, 2004)
VBrick Systems, Inc., (www.VBrick.com), the premier provider of networked video solutions, has been named to the prestigious Washington Technology Fast 50, a ranking of the 50 fastest growing small businesses by Washington Technology, one of the nation's leading government technology publications. Rankings are based on the percentage of growth of government revenues over five years, from 1999-2003. VBrick Systems placed 8th in the country with compound annual revenue growth of 124 percent.
"We are honored to be recognized by Washington Technology as one of the fastest growing government contractors," said Richard Mavrogeanes, Founder and CTO of VBrick Systems. "Our customers in the federal, state, and municipal government arenas are benefiting with improved communications, enhanced security and increased productivity, all through the networked video solutions we provide."
VBrick Systems is a General Services Administration (GSA) contract holder and offers a suite of powerful yet affordable video systems for a wide range of applications, including real-time information distribution, interactive training and distance learning, remote security and surveillance, DVD-quality video-conferencing, telemedicine, and corporate communications. Building on open standards, VBrick Systems award-winning MPEG appliances and the EtherneTV system solutions enable live television to be broadcast across LANs and the Internet to PCs and TVs; Video-on-Demand servers for retrieving and delivering digitally-stored files anywhere an organization's network goes; and software applications like StreamPlayer that enable every desktop computer connected to the network to be a high-quality video receiver.
VBrick's government customers include: the United States Army, Navy, and Air Force; The White House; US embassies in Central America, Europe, and the Middle East; and many of state departments of transportation including Florida, New York, and Utah.
"This year's Washington Technology Fast 50 List is populated with some remarkable companies and is a testament to each company's strategic vision and consistent growth over a five year period," said Steve LeSueur, editor of Washington Technology magazine. "VBrick Systems has proven itself to be an innovator with leadership that will ensure its continued growth, and we at Washington Technology salute the Company's accomplishments."
Washington Technology announced its Fast 50 and Top 25 8(a) rankings of the most successful small businesses in the government information technology market in its annual Small Business issue published on September 13th, 2004.
About VBrick Systems, Inc.
VBrick Systems, Inc. manufactures simple, reliable video solutions that enhance communications and reduce costs for organizations large and small. VBrick enables enterprises to benefit from high quality visual communications through networked video appliances. VBrick MPEG video solutions provide the simplest and most dependable visual communications to businesses, educational institutions and government agencies ranging in use from distributing news and information and distance learning to training and surveillance. Based in Wallingford, Connecticut, USA, VBrick Systems' products are distributed through industry-leading value-added resellers, system integrators and distributors.
Find out more at www.VBrick.com.
About Washington Technology
Washington Technology, published by PostNewsweek Tech Media, is the only national newspaper for government IT systems integrators and resellers. It delivers essential business news to 40,100 business executives whose companies provide high-level technical services to the government. Published bi-monthly since 1986, each issue features the latest contracting wins, government initiatives and projects, case studies and analyses and fresh technology news.
Visit www.washingtontechnology.com for more information.
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