WESTLAKE VILLAGE, Calif., Sept. 23, 2004 (PRIMEZONE) -- Nomadix, Inc. (www.nomadix.com), the leading provider of Public-access solutions, has been 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. Rankings are based on the percentage of growth in fiscal year revenues over five years, from 1999-2003.
Kurt Bauer, president and CEO for Nomadix, credits the company's technology foresight for positioning it to lead the rapidly growing Public-access market with 3,054 percent revenue growth from 1999-2003. Bauer said, "Nomadix is honored to be ranked among the region's leading technological innovators in the Deloitte Technology Fast 50 for Los Angeles. The company was founded with the goal of simplifying mobile computing, and Nomadix' commitment to this vision has facilitated its continued market leadership."
Nomadix' increase in revenues of 3,054 percent from 1999 to 2003 resulted in ranking fourth in the Fast 50 for Los Angeles.
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 Fast 50 or Fast 500 programs, visit www.fast500.com.
About Nomadix, Inc.
Nomadix is a leading provider of Public-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 U.S. member firm of Deloitte Touche Tohmatsu. For more information, please visit Deloitte's web site at www.deloitte.com/us.
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