WESTLAKE VILLAGE, Calif., Aug. 10, 2004 (PRIMEZONE) -- Nomadix, the leading supplier of Public-access solutions, will be named to Deloitte's prestigious Technology Fast 50 Program for Los Angeles, 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. Scheduled to be announced September 21, Technology Fast 50 rankings are based on the percentage of growth in fiscal year revenues over five years, from 1999-2003.
Nomadix' President and CEO Kurt Bauer credits the company's insight into the value of Public-access for mobile users with the company's fast growth over the past five years. He said, "Nomadix is honored to be selected by Deloitte for a third year, first as a Rising Star and then among the Los Angeles Technology Fast 50. The company strives to provide continued leadership in the industry through developing innovative solutions."
"The Deloitte Los Angeles Technology Fast 50 companies have shown the strength, vision and temerity to succeed despite a very challenging technology environment," said Tim Lovoy, Deloitte partner, Technology, Media & Telecommunications practice, Los Angeles. "We applaud the successes of Nomadix and acknowledge their place as one of the very few to accomplish such a fast growth rate over the past five years."
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 1999 and $1,000,000 in 2003, must be public or private companies headquartered in North America, and 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.
Winners of the 19 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte Technology Fast 500 program, which ranks North America's top 500 fastest growing technology companies. For more information on the Deloitte Fast 50 or Fast 500 programs, visit www.fast500.com.
About Nomadix
Nomadix is a leading provider of Access Gateways and embedded software solutions for creating intelligent networks that deliver transparent, secure, high-speed Internet access to the mobile user virtually anywhere throughout the world.
The company is headquartered in Westlake Village, Calif., with sales offices in Europe, China, Japan, Singapore and South Korea. Nomadix sells and supports its products globally through 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
Deloitte, one of the nation's leading professional services firms, provides audit, tax, financial advisory services and consulting through nearly 30,000 people in more than 80 U.S. cities. Known as an employer of choice for innovative human resources programs, the firm is dedicated to helping its clients and its people excel. "Deloitte" refers to the associated partnerships of Deloitte & Touche USA LLP (Deloitte & Touche LLP and Deloitte Consulting LLP) and subsidiaries. Deloitte is the US member firm of Deloitte Touche Tohmatsu. For more information, please visit Deloitte's web site at www.deloitte.com/us.
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