United Therapeutics Tops Deloitte Maryland Technology Fast 50 Ranking of Fastest-Growing Technology Companies With 12,134 % Percent Growth Over Five Years

webMethods, Inc. Tops Deloitte Virginia Technology Fast 50 Ranking of Fastest-Growing Technology Companies With 4,310 % Percent Growth Over Five Years

October 11, 2004, McLean, VA - United Therapeutics Corporation tops the list of the fastest growing technology companies in Maryland and webMethods, Inc. tops the list of the fastest growing technology companies in Virginia as recognized by Deloitte & Touche LLP, one of the nation's leading professional services firms, at an award event held October 7 at The DC ESPN Zone. Called the "Maryland & Virginia Technology Fast 50," the annual award program ranks by revenue growth technology companies located in Maryland or Virginia.

"In an era where technology companies come and go, making the Deloitte & Touche Fast 50 is a testament to a company's vision that allows growth over a five-year period," said Gary Tabach, Managing Partner in the Technology, Media & Telecommunications (TMT) Group at Deloitte based in McLean, VA. "The Fast 50 winners have proven they have a winning strategy for growth and we at Deloitte salute their accomplishments."

Winners are selected based on the percentage of growth in fiscal year revenues from 1999 to 2003. To be considered, Fast 50 entrants must have met the following criteria: Have revenues of at least $50,000 in 1999 and at least $1,000,000 in 2003. Be public or private companies, headquartered in Maryland or Virginia. Subsidiaries and divisions are not eligible, unless they have some public ownership and are separately traded. 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. Wilmer, Cutler, Pickering, Hale and Dorr is the sponsor for the 2004 Maryland & Virginia Technology Fast 50 and PR Newswire is the official media partner.

The 2004 Maryland Technology Fast 50 company ranking is as follows:

2004 RankCompany NameCityState5yr%
1United Therapeutics CorporationSilver SpringMD12134%
2Alabanza CorporationBaltimoreMD3963%
3Catapult Technology, Ltd.BethesdaMD3648%
4Avatech Solutions, IncOwings MillsMD2695%
5Orizon, Inc.RockvilleMD2598%
6Cbay Systems LTDAnnapolisMD2063%
7Barcoding, Inc.BaltimoreMD1841%
8Martek Biosciences Corp.ColumbiaMD1771%
9Information Control, LLCMcHenryMD1320%
10Advertising.com (AOL)BaltimoreMD1061%
11CSI Engineering PCBeltsvilleMD980%
12NETCONN SolutionsHagerstownMD940%
13Novavax, Inc.ColumbiaMD898%
14Aether Systems, Inc.Owings MillsMD778%
15Goldnet Internet SolutionsBaltimoreMD720%
16QSS Group, Inc.LanhamMD567%
17iBiquity Digital CorporationColumbiaMD558%
18BreakAway GamesBaltimoreMD506%
19UNIVEC, Inc.BaltimoreMD382%
20Vocus, Inc.LanhamMD355%
21Systems Integration & DevelopmentRockvilleMD354%
22CNSIRockvilleMD338%
23Global Science & Technology, Inc.GreenbeltMD318%
24Infinite Computer Solutions, Inc.GermantownMD309%
25Network Management Resources, Inc.Severna ParkMD290%
26OPNET Technologies, Inc.BethesdaMD287%
27Gene Logic Inc.GaithersburgMD262%
28Digene CorporationGaithersburgMD261%
29SafeNet, Inc.BelcampMD250%
30Chesapeake Research ReviewColumbiaMD232%
31CoStar Group, Inc.BethesdaMD215%
32NextLinxRockvilleMD198%
33Welocalize, Inc.FrederickMD195%
34MedImmune, Inc.GaithersburgMD175%
35Advanced ConceptsColumbiaMD163%
36Visual Data SystemsColumbiaMD157%
37Dataprise.comRockvilleMD141%
38Force3CroftonMD134%
39Ingenium CorporationUpper MarlboroMD128%
40GMA Industries, Inc.AnnapolisMD127%
41Capital Technology Information Services, Inc.RockvilleMD127%
42Integral Systems, Inc.LanhamMD109%
43TeleCommunication SystemsAnnapolisMD101%
44Workflow Systems, LLCChevy ChaseMD95%
45SHS North AmericaRockvilleMD93%
46L-Soft International, IncLandoverMD85%
47MetaStorm Inc.ColumbiaMD84%
48Opivotal Inc. (Prime Office Products)GaithersburgMD81%
49CompuDyne CorporationHanoverMD73%
50Group 1 Software, Inc.LanhamMD60%

A special category called "Rising Stars" recognizes the two fastest growing technology companies based on revenue growth over three years (2001-2003). The 2004 Maryland Rising Stars are:

2004 RankCompany NameCityState5yr%
RS-1Sourcefire, Inc.ColumbiaMD5884%
RS-2CreateHope, Inc.BethesdaMD1120%
RS-3Vapotherm, Inc.AnnapolisMD516%

The 2004 Virginia Technology Fast 50 company ranking is as follows:

2004 RankCompany NameCityState5yr%
1webMethods, Inc.FairfaxVA4310%
2Object Sciences CorporationAlexandriaVA4296%
3Allen Corporation of AmericaSterlingVA3014%
4PayerpathRichmondVA2578%
5Paloma Systems, Inc.AnnandaleVA2381%
6Mythic Entertainment, Inc.FairfaxVA2226%
7iDIRECT, Inc.RestonVA1628%
8Managed Objects, Inc.McleanVA1266%
9Tridium, Inc.RichmondVA1120%
10Arrowhead Global Solutions, Inc.McleanVA1061%
11VIPdesk.com, Inc.AlexandriaVA1029%
12YDI Wireless, Inc. (Terabeam Wireless)Falls ChurchVA1001%
13Apogen TechnologiesSpringfieldVA966%
14Filnet, Inc.Lake RidgeVA857%
15Innovative Technology Application, Inc.SpringfieldVA746%
16Creative Information Technology, Inc.ArlingtonVA670%
17NII Holdings, Inc.RestonVA655%
18ActioNet, Inc.FairfaxVA642%
19RS Information Systems, Inc.McleanVA623%
20MicroPact EngineeringHerndonVA606%
21Dante ConsultingArlingtonVA576%
22Current Analysis, Inc.SterlingVA523%
23Cherokee Information Services, Inc.ArlingtonVA492%
24Decisive Analytics CorporationArlingtonVA436%
25Blue Ridge Numerics, Inc.CharlottesvilleVA410%
263H Technology, LLCViennaVA398%
27SI International, Inc.RestonVA397%
28Emergent Online, Inc.RestonVA393%
29TruSecure CorporationHerndonVA371%
30Online Resources CorporationMcleanVA355%
31Blue Ridge Networks, Inc.ChantillyVA351%
32Potomac Management GroupAlexandriaVA343%
33INDUS CorporationViennaVA316%
34Vastera, Inc.DullesVA314%
35XO Communications, Inc.RestonVA305%
36Fairfield Language TechnologiesHarrisonburgVA271%
37TranTechAlexandriaVA269%
38McDonald Bradley, Inc.HerndonVA269%
39AC Technologies, Inc.FairfaxVA262%
40Daston CorporationMcleanVA261%
41Virtual Technology CorporationAlexandriaVA261%
42Teoco CorporationFairfaxVA245%
43HealthScribe Inc.SterlingVA243%
44INPUTRestonVA232%
45Altum, Inc.RestonVA231%
46Xybernaut CorporationFairfaxVA229%
47Nextel Communications, Inc.RestonVA225%
48Analex CorporationAlexandriaVA225%
49PEC Solutions, Inc.FairfaxVA223%
50Telarix, Inc.ViennaVA220%

A special category called "Rising Stars" recognizes the two fastest growing technology companies based on revenue growth over three years (2001-2003). The 2004 Virginia Rising Stars are:

2004 RankCompany NameCityState5yr%
RS-1Abraxas CorporationMcleanVA2593%
RS-2mPortal Inc.ViennaVA2328%
RS-3comScore Networks, Inc.RestonVA690%

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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.

Contact Info

Hilary Ross
(703) 251-1985
hiross@deloitte.com

Related Links

www.fast50.com
www.washingtongorup.tv
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