eCopy Named One of Fastest Growing Companies in New England
Press release from the issuing company
- Deloitte & Touche "Fast 50" Program
- Company Continues to Climb Prestigious Ranking
Nashua, New Hampshire, September 23, 2002 — eCopy, Inc. has been named to Deloitte & Touche's prestigious "Technology Fast 50" Program for New England, a ranking of the 50 fastest growing technology companies in the area. Rankings are based on the percentage of growth in fiscal year revenues from 1997-2001 (five-year period). eCopy, Inc.'s increase in revenues of 1,436 percent from 1997 to 2001 resulted in a 23rd ranking overall in the Fast 50 for New England.
"We take great pride in providing solutions that directly address the needs of our customers," said Edward Schmid, president and CEO for eCopy, Inc. "Our placement on the Fast 50 reaffirms that we continue to develop products that positively and dramatically impact our customer’s bottom line. We are honored to be named one of the New England Fast 50 for the second year in a row."
The eCopy Suite, coupled with the high speed scanning capabilities of a digital copier or scanner, enables any organization to transform paper documents into information that is easily integrated into all commonly used business applications. eCopy can provide companies shared access to high-speed scanning that connects to the user’s e-mail and other networked enterprise applications for low-cost, easy, instantaneous distribution and management of electronic copies of paper documents.
"In an era where technology companies come and go, making the Deloitte & Touche Fast 50 is a testament to a company's vision that provides for tremendous growth over a five-year period," said Steve DiPietro, partner Deloitte & Touche’s Technology, Media and Telecommunications practice and co-chair of the New England Technology Fast 50 program. "eCopy, Inc. has proven that its leadership has the talent for such growth, and we at Deloitte & Touche salute their accomplishments."
Technology Fast 50 Criteria - To qualify for the New England Technology Fast 50, companies must meet the following criteria:
- Be a technology company, specifically defined as a company that owns proprietary technology, which contributes to a significant portion of the company’s operating revenues (e.g., using other companies’ technology in a unique way does not qualify) or devotes a high percentage of effort to research and development of technology.
- Be in business a minimum of five years with 1997 revenues of at least $50,000 and 2001 revenues of at least $1,000,000.
- Be a public or private company headquartered in the following New England states: MA, ME, NH, RI or VT. Subsidiaries and divisions are not eligible unless they have some public ownership and are separately traded.
Winners of the 20 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte & Touche Technology Fast 500 program, which ranks North America’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 eCopy, Inc.
Based in Nashua, NH, eCopy, Inc. is a market leader in providing products that allow anyone in an organization to transform paper documents into information that is easily integrated with leading business applications. The eCopy Suite of products seamlessly connects a digital copier to an organization’s e-mail (like Microsoft Exchange or Lotus Notes) and other networked enterprise applications. Targeted for general business use in the Global 2,500, close to one million users worldwide send eCopies rather than faxes and overnight letters. For more information, visit www.ecopy.com.
The New England Technology Fast 50 program is presented by Deloitte & Touche and Hale and Dorr, in association with the sponsor, Mazonson Inc. In addition, Mass High Tech and Trinity Communications are associated with the program.
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