Passkey Named Fast Growing Technology Company

15th Aug 2003

Passkey International, Inc.
will be 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.

Scheduled to be announced September 23, 2003, Technology Fast 50 rankings are based on the percentage of growth in fiscal year revenues over five years, from 1998-2002.

Passkey’s CEO Greg Pesik credits customer loyalty and “results delivery” with the company’s fast growth over the past five years.  He said, “No one is buying something that doesn’t produce tangible results immediately.  So an exacting focus on delivering those measurable, material benefits to our clients has kept our phones ringing and our top line growing.” 

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 1998 and $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 (using other companies’ technology in a unique way does not qualify); and/or devoting a significant proportion of revenues to research and development of technology.

Related stories on ITN:

(02/10/2002) Omni Hotels Implements Passkey Enterprise Solution

(30/08/2002) Passkey Announces Global Expansion


(11/04/2002) PGI Adds Paskey to its Technology Portfolio




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