Princeton Softech Named Rising Star in Deloitte's Technology Fast 500 Program
Market Leader One of 25 Fastest Growing Companies in North America for 2006
PRINCETON, NJ - October 19, 2006 - Princeton Softech, the market leader in enterprise data management, today announced that it has been named a Rising Star on Deloitte's 2006 Technology Fast 500. Deloitte's Technology Fast 500 is a ranking of the 500 fastest growing technology, media, telecommunications, and life sciences companies in North America.
Paul Winn, chairman, CEO and president of Princeton Softech, credits the company's 37% revenue growth over the past three years with the increased demand for proven solutions that enable companies to manage continued data growth, support compliance requirements and control costs. He said, "Companies make a major investment in ERP, CRM and custom applications to support their business operations and revenue goals. By providing solutions that align best practices with managing enterprise application data with their business objectives, our clients can ensure that they derive the most business value from their investment."
"Making Deloitte's Technology Fast 500 Rising Star is a testament to a company's vision that has resulted in exceptional growth over three years. Princeton Softech's leadership team has the right stuff for growth, and Deloitte salutes their accomplishments," said Tony Kern, deputy managing principal of Deloitte's Technology, Media & Telecommunications industry practice."
To qualify as a Technology Fast 500 Rising Star, companies must have demonstrated increasing revenue growth over the last three years, be headquartered in North America, and own proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues, or devote a significant portion of revenues to the research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify.
About Princeton Softech
Princeton Softech (www.princetonsoftech.com) provides enterprise solutions that align application data management with business objectives. Our industry leading Optim™ solution enables organizations to optimize performance, mitigate risks and control costs. Partnered with the market leaders in business technology, we deliver capabilities that scale and support your enterprise applications, databases and platforms. More than 2,200 companies worldwide - including nearly half of the Fortune 500 - rely on Princeton Softech's proven solutions to maximize the business value of their enterprise applications and databases.
About Deloitte
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