"To rank on Deloitte''s Technology Fast 50, companies must have phenomenal revenue growth over five years," said Guy Budinscak, office managing partner for Deloitte''s Atlanta/Birmingham practice. "Navicure has proven to be one of the fast-growth success stories in Georgia and we applaud their dedication to making their vision a reality."
Winners are selected based on percentage revenue growth over five years from 2002 to 2006. To be considered, Deloitte Technology Fast 50 entrants must: have operating revenues of at least $50,000 in 2002 and at least $5,000,000 in 2006; be headquartered in Georgia; be a "technology company," defined as a company that owns proprietary technology or intellectual property that contributes to a significant portion of its operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies'' technology in a unique way does not qualify. Subsidiaries and divisions are not eligible, unless they have some public ownership and are separately traded.
A full 64 percent of Georgia''s Fast 50 companies are publicly held. Of the 50, a total of 26 companies are categorized as technology firms, 9 are in telecommunications, 6 are biotechnology corporations and 9 serve the media and entertainment sector.
The Technology Fast 50 company rankings are as follows: 2007 Rank Company Name City 5yr% 1 Navicure Duluth 4478 % 2 Silverpop Systems, Inc. Atlanta 2604 % 3 Greenway Medical Technologies, Inc. Carrollton 2363 % 4 MostChoice.com Atlanta 1572 % 5 CDC Corporation Atlanta 1257 % 6 SecureWorks, Inc. Atlanta 1127 % 7 Cbeyond, Inc. Atlanta 921 % 8 Advectis, Inc. Alpharetta 893 % 9 SPI Dynamics, Inc. Atlanta 830 % 10 Servigistics, Inc. Atlanta 605 % 11 Procuri, Inc. Atlanta 519 % 12 Pyramid Consulting, Inc. Alpharetta 494 % 13 KnowledgeStorm, Inc. Alpharetta 414 % 14 SmartSoft International, Inc. Suwanee 338 % 15 Quickparts.com, Inc. Atlanta 285 % 16 3i People, Inc. Alpharetta 277 % 17 Air2Web, Inc. Atlanta 265 % 18 MFG.com, Inc. Atlanta 259 % 19 Witness Systems, Inc. Roswell 228 % 20 VSoft Corporation Duluth 187 % 21 Sciele Pharma, Inc. Atlanta 155 % 22 IntercontinentalExchange, Inc. Atlanta 150 % 23 Verso Technologies, Inc. Atlanta 130 % 24 Horizon Software International, LLC Loganville 123 % 25 Immucor, Inc. Norcross 117 % 26 Numerex Corp. Atlanta 115 % 27 Connolly Consulting, Inc. Atlanta 103 % 28 Global Payments, Inc. Atlanta 96 % 29 Total System Services Columbus 87 % 30 A.D.A.M., Inc. Atlanta 85 % 31 Knology, Inc. West Point 83 % 32 CheckFree Corporation Norcross 82 % 33 VCG, Inc. Roswell 75 % 33 Vyyo Inc. Norcross 75 % 35 TRX, Inc. Atlanta 74 % 36 Manhattan Associates, Inc. Atlanta 64 % 37 Microtek Medical Holdings, Inc. Alpharetta 63 % 38 ChoicePoint, Inc. Alpharetta 58 % 39 GlobalCare, Inc. Alpharetta 57 % 40 Coalition America, Inc. Atlanta 56 % 41 Radiant Systems, Inc. Alpharetta 52 % 42 EMS Technologies, Inc. Norcross 50 % 43 Premiere Global Services, Inc. Atlanta 45 % 44 Cypress Communications Atlanta 41 % 44 Equifax Inc. Atlanta 41 % 46 Internet Commerce Corporation Norcross 39 % 47 ARRIS Group, Inc. Suwanee 37 % 47 Internap Network Services Corporation Atlanta 37 % 49 Intelligent Systems Corporation Norcross 35 % 50 MedAvant Healthcare Solutions Atlanta 30 %
A special category called "Rising Stars" recognizes the fastest growing technology companies based on revenue growth over three years (2003-2005).
2007 Rank Rising Star Company Name City 3yr% 1 Syntellus Dataworks, LLC Atlanta 1438 % 2 enrich IT, Inc. Alpharetta 1372 % 3 FiberLight, LLC Alpharetta 23 %
The Georgia Technology Fast 50 program is hosted by Deloitte & Touche LLP and sponsored by Kilpatrick Stockton LLP, NASDAQ and the Technology Association of Georgia.
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