ServiceBench One of VA's Fastest Growing Technology Companies in Deloitte's Technology Fast 50
ServiceBench Attributes Its Significant Five-Year Revenue Growth to Increasing Service Supply Chain Complexity and Demand for Service Management Solutions
FAIRFAX, VA ... September 29, 2006 - ServiceBench, the leading provider of web-based service management applications, today announced it has been named to Deloitte's prestigious Technology Fast 50 Program for Virginia, a ranking of the 50 fastest growing technology companies in the state by Deloitte & Touche USA LLP, one of the nation's leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2001-005.
ServiceBench President and CEO, Michael Dering credits exponential growth in demand for the company's service management solutions and deeper penetration within key vertical markets with the company's growth from 2001-005. Dering said, "ServiceBench is honored to be named by Deloitte as one of Virginia's Technology Fast 50. This award underscores our employees' commitment to excellence, as well as our management's execution against their strategic vision for growth."
"Deloitte's Virginia Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today's very competitive technology environment," said Mr. Andrew Harris, Deloitte's Southeast TMT RIL Regional Managing Partner. "We applaud the success of ServiceBench and acknowledge it as one of the very few to accomplish such a fast growth rate over the past five years."
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.
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About ServiceBench
ServiceBench is the leading provider of web-based solutions for integrating the service supply chain. With ServiceBench, manufacturers, retailers, extended warranty providers, parts suppliers, distributors and service providers streamline processes, save time and money, and increase customer satisfaction. ServiceBench solutions work together to fully integrate the complete range of service management activities including service call management, field service management, parts management, repair management and warranty management. Additional information is available online at www.servicebench.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.
Media Contact
Lee Harbin
Director of Marketing
703-592-0036
lharbin@servicebench.com
