|
Read Article in the Denver Business Journal
EPIC BROADBAND SOLUTIONS NAMED COLORADO’S FASTEST GROWING TECHNOLOGY COMPANY IN DELOITTE’S COLORADO TECHNOLOGY FAST 50 PROGRAM
Attributes tight cost controls and industry experience to its five-year revenue growth rate of 8,506 percent
(Castle Rock, Colo., Oct.20, 2006)—Epic Broadband Solutions has been named the state’s fastest growing technology company in Deloitte’s prestigious Colorado Technology Fast 50 Program, a ranking of the 50 fastest growing technology, media, telecommunications and life sciences companies in Colorado 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 2001–2005.
Also, Epic was ranked 32nd on Deloitte’s 2006 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America.
Epic’s CEO Edward Thompson and President Eric Hillila cite tight cost controls and their management and sales staff’s significant contacts and market experience for achieving the company’s 8,506 percent revenue growth from 2001–2005.
“We had worked in the marketplace for 10 years before starting Epic in 2001, and we had bought from companies like ours,” said Thompson of the Castle Rock, Colo.-based IT solutions provider and manufacturer of custom fiber-optic cable assemblies. “We knew what was important in terms of level of service and the quality of product people wanted.”
Epic’s increase in revenues of 8,506 percent from 2001 to 2005 resulted in a first place ranking in the Colorado Technology Fast 50. The average increase in revenues among companies who made the Technology Fast 50 for this region was 615 percent.
“Deloitte’s Colorado Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today’s very competitive technology environment,” said Kurt J. Randall, Colorado Technology, Media and Telecommunications Leader, Deloitte Tax LLP. “We applaud the successes of Epic Broadband Solutions 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 Colorado 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 Colorado, 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.
Winners of the 16 regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte’s Technology Fast 500 program, which ranks North America’s top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte’s Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.
About Epic Broadband Solutions
Founded in 2001 as a manufacturer of custom fiber-optic cable assemblies, Epic Broadband Solutions has quickly established itself as an IT solutions provider delivering world-class sever, storage and security solutions to today’s enterprise environment. Our mission is to assist our clients in applying Information Technology to yield the highest corporate benefits possible.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other’s acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names “Deloitte”, “Deloitte & Touche”, “Deloitte Touche Tohmatsu” or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.
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.
|