NEWBURY PARK, Calif., Oct. 19, 2005 (PRIMEZONE) -- Nomadix, Inc. (www.Nomadix.com), the leading supplier of intelligent network devices and interconnect services for guest access, Digital Cities, and carrier HotSpots, today announced that it ranked number 373 on the 2005 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on percentage revenue growth over five years, from 2000-2004. Nomadix grew 370% percent during this period.
Nomadix' CEO, Kurt Bauer, credits global reach and superior technology with the company's 370% revenue growth over the past five years. He said, "Nomadix takes great pride in having shipped nearly 25,000 public access gateways to 50 countries around the globe. As a result, Nomadix is recognized as a world leader in public access solutions. We continue to expand into new markets that need our technology, and our international reach is central to that expansion."
"Making the Deloitte Technology Fast 500 is commendable in today's highly competitive technology industry," said Tony Kern, deputy national managing principal of Deloitte's Technology, Media & Telecommunications industry practice. "We congratulate Nomadix on being one of the 500 fastest growing technology companies in North America."
In addition to ranking on Deloitte's Technology Fast 500, Nomadix ranked 14 on the Los Angeles Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in Los Angeles.
Fast 500 Selection and Qualifications
The Fast 500 list is compiled from Deloitte's 15 regional North American Fast 50 lists, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have had 2000 operating revenues of at least $50,000 USD or $75,000 CD for the United States and Canada, respectively, and 2004 operating revenues of at least $1 million USD or CD.
Entrants must be headquartered in North America and must be a "technology company," defined as a company that owns proprietary technology 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 in a unique way does not qualify.
About Nomadix
Nomadix is the leading provider of intelligent network devices and interconnect services that make nomadic computing easy. The company offers the Nomadix Service Engine (NSE), which allows the public access service operators and venue owners to deploy a cost effective, secure and easy to use high-speed Internet access offering. Nomadix Interconnect Services(tm) are a suite of services that provide intelligent roaming connectivity, content and application delivery in conjunction with the NSE and other public access networks.
The company is headquartered in Newbury Park, Calif., and sells and supports its products and services globally through licensing and OEM partnerships, Value Added Resellers and Systems Integrators. For additional information, please visit http://www.Nomadix.com or call +1-818-597-1500.
About Deloitte
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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 Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.