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October 23, 2009
Techno-Sciences, Inc. Ranked on Deloitte’s 2009 Technology Fast
500
Attributes its 371 Percent Revenue Growth to innovative product solutions
and commitment to customer service.
BELTSVILLE, Md.--(BUSINESS WIRE)--Techno-Sciences, a provider of Maritime
Domain Awareness solutions, today announced that it has been listed on
Technology Fast 500™, Deloitte LLP’s ranking of 500 of the
fastest growing technology, media, telecommunications, life sciences and
clean technology companies in North America. Rankings are based on percentage
of fiscal year revenue growth during the five year period from 2004–2008.
Techno-Sciences grew 371 percent during this period.
Techno-Sciences’ CEO, Jean-Luc Abaziou, credits the company’s
innovative solutions in Maritime Domain Awareness (MDA) and highest level
of customer service with the company’s revenue growth over the past
five years. He said, "Techno-Sciences is well positioned to grow rapidly
in the coming years with innovative product offerings in the MDA market
and a long history of excellent customer services.”
Technology Fast 500™ Selection and Qualifying Criteria
Technology Fast 500™ provides a ranking of the fastest growing technology,
media, telecommunications, life sciences and clean technology companies
in North America. This ranking is compiled from nominations submitted directly
to the Technology Fast 500™ website, and public company database
research conducted by Deloitte LLP. Technology Fast 500™ award winners
for 2009 are selected based on percentage fiscal year revenue growth during
the five year period from 2004 to 2008.
In order to be eligible for Technology Fast 500™ recognition, companies
must own proprietary intellectual property or proprietary technology that
contributes to a significant portion of the company's operating revenues.
Using other companies' technology or intellectual property in a unique
way does not satisfy this requirement. Consulting companies, professional
service firms, etc. are not eligible unless they have proprietary technology
that contributes to a significant portion of their operating revenues.
Technology Fast 500™ award eligibility requirements include a base-year
operating revenues of at least $50,000 USD or CD, and current-year operating
revenues of at least $5 million USD or CD. Additionally, these revenues
must have more than doubled between 2004 and 2008. Also, companies must
be in business for a minimum of five years, and be headquartered within
North America.
About Techno-Sciences, Inc.
Techno-Sciences, Inc. (TSi) is an advanced technology company specializing
in maritime safety and security systems. TSi leverages 35 years of
experience with hardware and software engineering to deliver integrated
maritime
operations and information management solutions through TSi-SARSAT Satellite
Aided Search and Rescue Ground Systems and TSi-Trident Integrated Maritime
Surveillance Systems for complete Maritime Domain Awareness. TSi systems
are sold worldwide
and supported 24/7/365.
For more information, please visit www.technosci.com or e-mail info@technosci.com
Contacts
Techno-Sciences, Inc.
Henry Li, Director of Marketing and Business Development
240-790-0702
henry@technosci.com
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