Inflow Named One of Colorado's Fastest-Growing Technology Companies in Deloitte Technology Fast 50 Program
Inflow Attributes #5 Ranking to Its 2300 Percent Revenue Growth
Denver, CO -- Today, Inflow Inc., the quality provider of outsourced technology services, announced it has been named to Deloitte's prestigious Technology Fast 50 Program for Colorado, a ranking of the 50 fastest-growing technology companies in the area by Deloitte & Touche LLP, one of the nation's leading professional services firms. This year's Colorado Technology Fast 50 program is sponsored by Holme Roberts & Owen and The Denver Business Journal. Rankings are based on the percentage of growth in fiscal year revenues over five years, from 1999 to 2003.
Inflow's #5 ranking in the Colorado Technology Fast 50 program was announced Friday, October 1 in the Denver Business Journal.
Inflow's CEO, Art Zeile, credits the entire Inflow team for the company's tremendous growth. He said: "Inflow's increase in revenues of over 2300 percent from 1999 to 2003 resulted in a #5 ranking in the Fast 50 for Colorado -- and the average increase in revenues among companies who made the Fast 50 for this region was 708 percent. We're extremely proud of our entire team for providing the world-class service and solutions that propelled our success and established us as an industry leader."
"In today's economy, quadruple-digit percentage revenue growth is an exceptional accomplishment," said Steve Yaroch, Chair of the 2004 Colorado Technology Fast 50 and Colorado Technology, Media & Telecommunications Practice Leader, Deloitte & Touche LLP. "We commend Inflow for making the commitment to technology and delivering on the promise of market longevity. We are proud to honor Inflow as a Deloitte Technology Fast 50 winner."
Inflow also provides managed hosting services for the top-ranked Fast 50 company -- Alpine Access (#1). Alpine Access was one of the first customers to sign with Inflow shortly after Inflow opened its doors in 1997. Additionally, Inflow's board of directors includes Don Detampel, the president and CEO of the #4 ranked Fast 50 company, Raindance.
Qualifying companies for the Colorado Technology Fast 50 must meet specific minimum revenue numbers for 1999-2003, must be public or private companies headquartered in Colorado, and be a "technology company" defined as owning proprietary technology that contributes to a significant portion of the company's operating revenues and/or devoting a significant proportion of revenues to research and development of technology.
Winners of the 19 regional Fast 50 programs in the United States and Canada are automatically entered in the Deloitte Technology Fast 500 program, which ranks North America's 500 fastest-growing technology companies. Results of the Fast 500 will be announced on or after October 20th. For more information on the Fast 50 or Fast 500 programs, visit www.fast500.com.
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Inflow Inc. was founded in 1997 and is headquartered in Denver, Colorado. Inflow is an ISO 9001:2000 certified provider currently serving more than 950 customers from its network of 13 data centers across the United States. Leveraging its expertise in application, network and data center management, the company is able to deliver the most reliable, secure, scalable and cost-effective outsourcing solutions available. Core services are offered within Inflow's three primary lines of business: Application & Infrastructure Management, Business Continuance/Disaster Recovery and IT Professional Services. Inflow's solutions help customers increase revenues, decrease costs and enhance productivity.
For additional information and IDC locations, please visit www.inflow.com or call 877-321-2464.