Explosive 1,415 Percent Revenue Growth Garners 6th Place Ranking
SEATTLE — September 29, 2006 — Attenex® Corp. (www.attenex.com), the leading developer of content analysis software for electronic discovery, has been named to Deloitte's prestigious Technology Fast 50 Program for the Pacific Northwest, a ranking of the 50 fastest growing technology, media, telecommunications and life sciences companies in Washington, Oregon and Idaho by Deloitte & Touche USA LLP, one of the nation’s leading professional services organizations. Rankings are based on the percentage revenue growth during the five years from 2001–2005.
“Deloitte’s Pacific Northwest Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today’s very competitive technology environment,” said Larry Hile, a Partner in Deloitte’s Technology, Media & Telecommunications (TMT) industry practice based in Seattle. “We applaud the successes of Attenex and acknowledge it as one of the very few to accomplish such a fast growth rate through the past five years.”
Attenex’s CEO Kimra Hawley credits the increased demand for the company’s flagship solution, Attenex Patterns®, and its remarkable network of legal service provider and consulting partners, for the company's continued rapid revenue growth of 1,415 percent from 2001–2005. Hawley said, “We are honored to receive such a tremendous recognition, and intend to build on this success with aggressive goals for corporate growth and continued enterprise adoption of Attenex Patterns.”
Attenex's steady increase in revenues from 2001-2005 including 1000 percent growth over the past two years resulted in a sixth place ranking in the Technology Fast 50 for the Pacific Northwest. The average increase in revenues among companies who made the Technology Fast 50 for this region was 607 percent.
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2001 and $5,000,000 in 2005, be headquartered in North America, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify.
Winners of the 16 regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte’s Technology Fast 500 program, which ranks North America’s top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte’s Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.
About Attenex
Founded in 2001 and headquartered in Seattle, Attenex Corporation develops and markets software to help corporations, law firms, legal service providers and government agencies improve the efficiency of processing and reviewing electronic documents. Attenex software combines patented content analysis and visualization technology with a powerful processing engine to accelerate the identification of relevant information in its native format. For more information about the company and its products, call (206) 373-6565 or visit www.attenex.com.
About Deloitte
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Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.