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ViewCast Named One of Texas's Fastest-Growing CompaniesHits Deloitte?s Technology Fast 50 list with 178% revenue growth (September 21, 2004)
ViewCast has been named to Deloitte's prestigious Technology Fast 50 Program, a ranking of the 50 fastest-growing technology companies in the State of Texas by Deloitte & Touche USA LLP, one of the nation's leading professional services firms. Rankings are based on the percentage of growth in fiscal year revenues over five years, from 1999-2003.
ViewCast's CEO George Platt credits the company's leading-edge technology in video and audio communications products, including its Osprey video capture cards and Niagara video encoders and servers, for the company's 178% percent revenue growth from 1999-2003. "Our products uniquely address the video capture, processing, and delivery requirements for a variety of dynamic industries," he said. "Our success is due to the hard work of a lot of dedicated individuals here at ViewCast, and I know that with their continued efforts, the best is yet to come."
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 1999 and $1,000,000 in 2003, must be public or private companies headquartered in North America, and be a "technology company" defined as owning proprietary technology that contributes to a significant portion of the company's operating revenues (using other companies' technology in a unique way does not qualify) and/or devoting a significant proportion of revenues to research and development of technology.
"In an era where technology companies come and go, making the Deloitte Fast 50 is a testament to a company's vision that allows growth over five years," said Skip Moore, Regional Managing Partner for the Technology, Media & Telecommunications Group at Deloitte & Touche USA LLP. "ViewCast's leadership has the right stuff for growth, and Deloitte salutes their accomplishments."
Winners of the 19 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte Technology Fast 500 program, which ranks North America's top 500 fastest growing technology companies. For more information on the Fast 50 or Fast 500 programs, visit www.fast500.com.
This year's Texas Crescent Technology Fast 50 program is presented by Deloitte & Touche USA LLP, one of the nation's leading professional services firms, and its Fast 50 sponsors Haynes & Boone, NASDAQ, and Comerica Bank.
To learn more about ViewCast streaming capture cards and other hardware and software solutions from ViewCast, visit www.viewcast.com.
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Deloitte & Touche USA LLP is the U.S. member firm of Deloitte Touche Tohmatsu. In the U.S., services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Tax LLP, and their subsidiaries), and not by Deloitte & Touche USA LLP.
ViewCast develops video and audio communications products for delivering content dynamically via a variety of network types and protocols. These products include Osprey Video capture cards, Niagara video encoders/servers and ViewCast IVN enterprise software and systems. Its products address the video capture, processing and delivery requirements for a broad range of applications and markets. ViewCast also provides professional IT services focused on merged data and video networks through its wholly owned subsidiary Delta Computec Inc.
Visit the company's Web site (http://www.viewcast.com) for more information.
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