Level 8 Systems (Nasdaq: LVEL), a leading global provider of high performance eBusiness integration software, has been ranked 247 on the Deloitte & Touche Technology Fast 500 list, a recognition program designed to honor the fastest growing technology companies in North America.
The program awards companies for percentage revenue growth over a five-year period. Between 1995 and 1999, Level 8 achieved 1,657 percent growth. In addition to ranking on the Deloitte & Touche 500, Level 8 ranked number 11 on the North Carolina Technology Fast 50 list.
"The vision, drive and determination of the leaders and employees at Level 8 propelled their company to an elite status as one of the 500 fastest-growing technology firms in the U.S. and Canada," said Mark A. Evans, managing director of Deloitte & Touche's Technology & Communications Group.
Arik Kilman, chairman and CEO of Level 8 said. "We are very honored to receive this recognition for the second year in a row. Our continued growth and leadership in the enterprise application integration (EAI) market clearly demonstrates the strength of our product line and validates the strategic direction set by the company."
In its selection of the Fast 500 for Year 2000, Deloitte & Touche's team reviewed financial records for more than 5,000 public and privately held technology companies. To qualify, companies must: (1) have had 1995 revenues of at least $50,000 USD and $75,000 CD for the United States and Canada, respectively; (2) be headquartered in the United States or Canada; and (3) be a "technology company". "Technology company" is defined as one that develops proprietary technology which contributes to a significant portion of the company's operating revenues, manufactures a technology product, or devotes a high percentage of effort to the research and development of technology.
About Deloitte & Touche
Deloitte & Touche, one of the nation's leading professional services firms, provides assurance and advisory, tax, and management consulting services through 30,000 people in more than 100 U.S. cities. The firm is dedicated to exceeding the expectations of its clients and its people. Known as an employer of choice for its innovative human resources programs, Deloitte & Touche has been recognized as one of the "100 Best Companies to Work for in America" by Fortune magazine for three consecutive years. Deloitte & Touche is part of Deloitte Touche Tohmatsu, one of the world's leading professional services
firms, with more than 90,000 people in over 130 countries. For more information on Deloitte & Touche, visit www.us.deloitte.com. For more information on the Deloitte & Touche Technology Fast 500 or Technology Fast 50 programs, visit www.fast500.com.
About Level 8 Systems
Level 8 Systems (Nasdaq: LVEL; www.level8.com) is a leading global provider of high performance eBusiness integration software that enables organizations to integrate new and existing information and processes with the Internet to create new business value.
The Level 8 product portfolio represents the broadest eBusiness integration offering from a single vendor in the market today. The Geneva High Performance Integration Platform provides enterprise messaging, application integration, business process automation and application engineering technologies. Level 8 has more than 700 customers and over 475 employees worldwide with corporate headquarters in Cary, North Carolina, and offices in the US, UK, Germany, Denmark, Sweden, France and Italy.
# # #
Level 8, Level 8 Systems, Level 8 Technologies, Geneva, Geneva Integration Suite, Geneva Enterprise Integrator, Geneva Business Process Automator, Geneva Integration Broker, Geneva Message Queuing, Geneva XIPC, Geneva AppBuilder, Geneva High Performance Integration Platform and Hyperspeed Architecture are trademarks of Level 8 Technologies, Inc., a wholly-owned subsidiary of Level 8 Systems, Inc. All other company and product names are for identification purposes only and are the property of, and may be trademarks of, their respective owners.
Brodeur Worldwide Contacts
T+44 (0)1753 790700
F+44 (0)1753 790701
T+44 (0)1753 790700
F+44 (0)1753 790701
Please refer all questions regarding this release to Brodeur Worldwide
This press release was distributed by ResponseSource Press Release Wire on behalf of Pleon in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.