| Expanded Solution Footprint Fuels 596% Revenue Growth Over Past Five Years |
For the third time in four years, Framework Technologies has been named to Deloitte & Touche's prestigious Technology Fast 50 Program for New England, a ranking of the 50 fastest growing technology companies in the area by Deloitte & Touche LLP, one of the nation's leading professional services firms. Rankings are based on the percentage of growth in fiscal year revenues over five years, from 1998-2002.
Framework Technologies is a leader in project execution decision support software, helping manufacturing, architectural, engineering and construction (AEC) companies select and implement key projects critical to achieving growth and cost objectives. Framework's products ActiveAEC(TM) and ActiveProduct(TM) support the flow of critical information between all levels of an organization -- from each individual team member to the highest-level executive -- fostering collaboration and highly informed decision-making throughout the project life cycle.
"Framework has been able to thrive in this terrible technology market by listening to our customers and staying focused on product development. The solution that we offer today has a six-fold increase in functionality in the last eighteen months," said Framework Technologies CEO Donald Tomkinson. "This recognition is a testament to the hard work and dedication of the Framework team."
To qualify for the Technology Fast 50, companies must have had operating revenue of at least $50,000 in 1998 and at least $1,000,000 in 2002, must be public or private companies headquartered in North America, and be a "technology company" defined as owning proprietary technology that contributes to a significant portion of the company's operating revenues and/or devoting a significant proportion of revenues to research and development of technology.
About Framework Technologies
Framework Technologies provides decision support software for manufacturing, architecture, engineering and construction (AEC) markets. Framework's offering is a powerful solution that allows manufacturers, such as Bristol Meyers Squibb, BorgWarner, Emerson Motors and Timex, and AEC companies, such as Best Buy, Iowa State University, KeySpan Services, MACTEC and Modern Continental, to successfully select the right projects and execute those projects right. For further details please visit www.frametech.com.
About Deloitte & Touche
Deloitte & Touche, one of the nation's leading professional services firms, provides assurance and advisory, tax, and management consulting services through nearly 30,000 people in more than 80 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for innovative human resources programs, Deloitte & Touche has been recognized as one of the "100 Best Companies to Work For in America" by Fortune magazine for six consecutive years. Deloitte & Touche refers to Deloitte & Touche LLP and related entities. Deloitte & Touche is the US national practice of Deloitte Touche Tohmatsu. Deloitte Touche Tohmatsu is a Swiss Verein, and each of its national practices is a separate and independent legal entity. For more information, please visit www.deloitte.com/us.