Plumb Design Honored with Spot in New York Technology Fast 50
New York, September 20, 2000 Plumb Design, Inc., today announced its inclusion as a Shooting Star in the 2000 New York Technology Fast 50, sponsored by Deloitte & Touche.
The Technology Fast 50 is an annual ranking that showcases the fastest-growing technology companies in 26 regions in the United States, United Kingdom, and Canada. To qualify, companies must have achieved specific revenue thresholds and been in business for at least five years. Companies chosen to receive the Shooting Star designation have met the same revenue thresholds but have been in business for between three and five years. Founded in 1997, Plumb Design was too young to be eligible for this year's Fast 50, but its selection as a Shooting Star is an indication of its strength both in the industry and in the New York region.
Plumb Design's ability to create consistently high-quality work under tight industry-standard deadlines has enabled it to achieve, from June 1997 to June 2000, a compound sequential revenue growth rate of 79.5%. Other numbers also point to the company's potential for sustained growth and success: for the quarter ending June 2000, revenues grew over 700% from the June 1999 quarter, and for fiscal year 2000, the company is on track for growth of close to 300% over 1999.
"We're honored to be included in such an esteemed group of technology companies. Over the past three years we have worked hard to build and strengthen our organization, and we appreciate this recognition of our dedication. We attribute our success to our collaborative client relationships, to the quality of our software products, and to the exceptional work our team produces. We hope that by creating user-focused applications we are raising user expectations and helping people uncover the information they need," said Mary Azzarto, CEO of Plumb Design.
About Plumb Design
New York-based Plumb Design, Inc., collaborates with its clients to produce online experiences that facilitate the exchange of knowledge and the interplay of ideas, transforming data into insight, knowledge, and ultimately, increased revenue. Plumb Design is the developer of Thinkmap®, a platform that helps organizations take advantage of interconnected information, thereby improving communication, efficiency, and ultimately, profitability. Our clients include Merrill Lynch, Motorola, the Smithsonian Institution, and Experience Music Project. More information about Plumb Design can be found at www.plumbdesign.com. More information about Thinkmap can be found at www.thinkmap.com.
About Deloitte & Touche
Deloitte & Touche, one of the nation's leading professional services firms, provides assurance and advisory, tax, and management consulting services through 30,000 people in more than 100 U.S. cities. The firm's technology and communications practice in the Tri-State region serves companies in four industry divisions-dot-coms, high technology, telecommunications, and media. Deloitte & Touche is part of Deloitte Touche Tohmatsu, a global leader in professional services with more than 90,000 people in over 130 countries. Deloitte & Touche refers to Deloitte & Touche LLP, Deloitte Consulting LLC, and related entities. For additional information, please visit Deloitte & Touche's Web site at www.us.deloitte.com.