Insitu Takes First Place in the Pacific Northwest's Fastest Growing Technology Companies in Deloitte's Technology Fast 50 Program

- Attributes Innovative Solution and ISR Gap to its 9,140% Revenue Growth -



Oct 04, 2006, 01:00 ET from Insitu, Inc.

    BINGEN, Wash., Oct. 4 /PRNewswire/ -- Insitu, Inc. (Bingen, WA), a
 pioneer developer of long-range, unmanned, autonomous aircraft, has taken
 first place in Deloitte's prestigious Technology Fast 50 Program for the
 Pacific Northwest, a ranking of the 50 fastest growing technology, media,
 telecommunications and life sciences companies in Washington, Oregon and
 Idaho by Deloitte & Touche USA LLP, one of the nation's leading
 professional services organizations. Rankings are based on the percentage
 of revenue growth during the five years from 2001-2005.
     Dr. Steven M. Sliwa, Insitu's President and CEO, lauded his company's
 remarkable 9,140.19% revenue growth rate from 2001-2005. He credited
 Insitu's incredible success to an overall ability to provide innovative
 design solutions to complex problems, as well as to a market gap in
 Intelligence, Surveillance and Reconnaissance (ISR). In addition, Insitu's
 unique teaming agreement with Boeing provided them with the scale it needed
 to work with the U.S. Department of Defense and was very beneficial in
 allowing Insitu to fulfill the military's requirements.
     "We are humbled that by simply putting our full focus on our customers
 and their unique needs, we have been able to achieve this remarkable
 revenue growth," Sliwa stated. "Through agility, the outstanding people who
 work at Insitu and our arrangement with The Boeing Company, we have had a
 tremendous five-year run. More importantly, our products are able to save
 the lives of American and Allied troops who are in harm's way. That latter
 fact provides all of us at Insitu the greatest possible satisfaction."
     "Deloitte's Pacific Northwest Technology Fast 50 companies have shown
 the strength, vision and tenacity to succeed in today's very competitive
 technology environment," said Larry Hile, a Partner in Deloitte's
 Technology, Media & Telecommunications (TMT) industry practice based in
 Seattle. "We applaud the successes of Insitu and acknowledge it as one of
 the very few to accomplish such a fast growth rate through the past five
 years."
     To qualify for the Technology Fast 50, companies must have had
 operating revenues of at least $50,000 in 2001 and $5,000,000 in 2005, be
 headquartered in North America, and be a company that owns proprietary
 technology or proprietary intellectual property that contributes to a
 significant portion of the company's operating revenues; or devotes a
 significant proportion of revenues to the research and development of
 technology.
     Using other companies' technology or intellectual property in a unique
 way does not qualify.
     Winners of the 16 regional Technology Fast 50 programs in the United
 States and Canada are automatically entered in Deloitte's Technology Fast
 500 program, which ranks North America's top 500 fastest growing
 technology, media, telecommunications and life sciences companies. For more
 information on Deloitte's Technology Fast 50 or Technology Fast 500
 programs, visit www.fast500.com .
     About Insitu
     Insitu, located in Bingen, Washington, develops Unmanned Aerial Systems
 (UAS) for commercial and military applications. Insitu introduced the first
 Unmanned Aerial Vehicle to cross the Atlantic Ocean and has partnered with
 Boeing to develop ScanEagle and Fugro Airborne Surveys to develop
 GeoRanger. For more information about the company, see www.insitu.com .
     About Deloitte
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 Verein, its member firms and their respective subsidiaries and affiliates.
 As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any
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 Tohmatsu," or other related names. Services are provided by the member
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 Tohmatsu Verein.
     Deloitte & Touche USA LLP is the US member firm of Deloitte Touche
 Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte
 & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte
 Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries),
 and not by Deloitte & Touche USA LLP.
     For More Information Contact:
     Chesua Patte
     Public Relations
     +1-509-493-6341
     chesua.patte@insitu.com
 
 

SOURCE Insitu, Inc.