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PRESS RELEASE ARCHIVE

For Immediate Release – October 2003
 

AEGIS WINS 2002 TECHNOLOGY FAST 50 AWARD FROM DELOITTE & TOUCHE
 

PHILADELPHIA, PA – Aegis Industrial Software Corporation has been named to Deloitte & Touche's prestigious “Technology Fast 50" Program for the Delaware Valley area, a ranking of the 50 fastest growing technology companies in the area. Rankings are based on the percentage of growth in fiscal year revenues from 1997-2001. Aegis’ revenue increase of 878 percent resulted in an 11th ranking overall.

Aegis’ CEO Jason Spera credits software engineering, award-winning customer service, and a loyal customer base with the company's extraordinary revenue growth. He said, “This award is a testament to the dedication and hard work of the people at Aegis since our founding. Aegis’ guiding mission has been to design visionary software for delivering unmatched manufacturing productivity improvement, and to back it with the best support in the industry. This award suggests that Aegis customers agree we’ve remained true to our mission and our commitments, for they fueled our progress ahead of competitors. Our thanks go to our customers, for being good partners in the exciting growth of Aegis.”

Michael Purcell, Partner-in-Charge at Deloitte & Touche commented, "In today’s economy, triple-digit revenue growth is an exceptional accomplishment. We commend Aegis for making the commitment to technology and delivering on the promise of market longevity. We are proud to honor Aegis as a Deloitte & Touche Technology Fast 50 winner."

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 1997 and $1,000,000 in 2001, must be public or private companies headquartered in the Delaware Valley, and be "technology companies" defined as companies that own proprietary technology which contributes to a significant portion of the company’s operating revenues or devotes a high percentage of effort to research and development of technology.

Winners of the 20 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte & Touche Technology Fast 500 program, which ranks North America’s top 500 fastest growing technology companies. For more information on the Deloitte & Touche Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.

About Deloitte & Touche
Deloitte & Touche, one of the nation's leading professional services firms, provides assurance and advisory, tax, and management consulting services through nearly 30,000 people in more than 100 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for 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 five consecutive years. Deloitte & Touche refers to Deloitte & Touche LLP and related entities. Deloitte & Touche is the US national practice of Deloitte Touche Tohmatsu. Deloitte Touche Tohmatsu is a Swiss Verein, and each of its national practices is a separate and independent legal entity. For more information, please visit Deloitte & Touche's web site at www.deloitte.com/us. For more information on the Technology Fast 50 and Technology Fast 500 programs, please visit www.fast50.com.

For additional information contact:
Shaun Black, Marketing Director
Aegis Industrial Software Corporation
Email:   sblack@aiscorp.com
Phone: 714.828.9730