Stratos Ranked Sixth Fastest Growing Technology Company

Monday, November 19, 2001
Stratos announced that it is ranked sixth on the 2001 Deloitte & Touche Technology 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on five-year percentage revenue growth from 1996-2000. Stratos' revenue growth over this period was an explosive 73,000 percent.

"Ranking sixth this year in the Fast 500 further validates that our acquisition and organic growth strategy made sense in today's rapidly evolving marketplace," said Carmen Lloyd, Stratos CEO. "This approach, combined with a strong customer-centric focus, has afforded Stratos the infrastructure, the expertise, and the technology to truly provide value-added, remote communication solutions to our customers around the world, and has rewarded us with extremely rapid growth."

"Making the Deloitte & Touche Technology Fast 500 is a testament to a company's leadership, commitment to technology, and ability to deliver the right solution at the right time," said Mark A. Evans, managing director, Deloitte & Touche Technology & Communications Group. "With its 73,000% five-year growth rate, Stratos has proven that its leadership has the vision and determination to succeed, and we at Deloitte and Touche salute their accomplishments."

In addition, Stratos ranked 1st on the Canadian Technology Fast 50, which is a ranking of the fastest growing technology firms in Canada. The Fast 500 list is compiled from three sources: winners of Deloitte & Touche's 22 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have had 1996 revenues of at least $50,000 USD and $75,000 CD for the United States and Canada, respectively. Entrants are public or private companies headquartered in North America, and must be a "technology company," defined as a company that develops proprietary technology which contributes to a significant portion of the company's operating revenues, manufactures a technology-related product, or devotes a high percentage of effort to research and development of technology.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter February 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Maersk to Scrap Ships at India's Alang Beaches, NGO Dismayed

Maersk Line said on Friday it had chosen four shipbreaking yards along India's Alang beaches to handle an increase in vessels that need to be scrapped, to the dismay

Teknotherm Marine Moves HVAC Arm to Bergen

Maritime heating, ventilation and air conditioning (HVAC) firm Teknotherm Marine has established a new subsidiary is established with the name Teknotherm Marine HVAC AS.

Philippines Mulls Bilateral Sea Talks with China

The Philippines may consider two-way talks with China to resolve a territorial dispute in the South China Sea but only if it wins its case with Beijing at an arbitration tribunal in The Hague,

 
 
Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Port Authority Ship Electronics Ship Repair Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0885 sec (11 req/sec)