BizNet Software Logo - Back to homepage
homeabout usproductscontact ussupport

site map


BizNet Software Named Rising Star in the Deloitte Technology Fast 50 Program for Texas

Financial Performance Management company enjoys three-year growth of 1,877 percent

Dallas, Texas - September 25, 2003 - BizNet Software Inc., which combines accounting and technology expertise to help companies improve financial reporting and processes, has been named a Rising Star in Deloitte & Touche's Technology Fast 50 program for Texas.

The Rising Star award is a special designation for fast-growth technology companies that have been in business just three or four years and is part of the Texas Crescent Technology Fast 50 program, which ranks the 50 fastest growing technology companies headquartered in Austin, Dallas-Fort Worth Metroplex, Houston and San Antonio.  BizNet - one of only six Texas companies named in this category - was recognized as the second-fastest growing technology company in Texas based on revenue growth of 1,877 percent over three years (2000-2002).

This year's Texas Crescent Technology Fast 50 program is co-presented by Deloitte & Touche LLP, one of the nation's leading professional services firms, and Haynes & Boone.

On August 22nd, BizNet Software was honored for its outstanding one-year revenue percentage growth with a Dallas/Fort Worth Fast 50 award at the Tech Titans/Fast 50 awards program.

"We are honored to be recognized by Deloitte & Touche for our strong performance.  Our remarkable growth speaks to the quality of our people, products and services," said BizNet Chief Executive Officer and President George McMann.  "In today's economic and regulatory environment, CFO's need cost-effective financial reporting and analysis products that work with and enhance their existing financial systems.  With our unique combination of accounting and technological expertise, BizNet is able to deliver solutions that help businesses make smart decisions."

"The Deloitte & Touche Texas Crescent Technology Fast 50 Rising Star companies have shown the strength, vision and temerity to succeed despite a very challenging technology environment," said Donna Epps of Deloitte & Touche's Technology, Media & Telecommunications practice in Dallas.  "We applaud the successes of BizNet Software and acknowledge their place as one of the few to accomplish such a fast growth rate over the past three years."

To qualify for the Technology Fast 50 Rising Star program, companies must have had operating revenues of at least $50,000 in 2000 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.

Rising Star winners are automatically entered in the Deloitte & Touche Technology Fast 500 program's Rising Star category.  The Deloitte & Touch Technology Fast 500 program ranks North America's top 500 fastest growing technology companies based on revenue growth over five years (1998-2002).  Its Rising Star ranking is based on revenue growth over three years (2000-2002).  For more information on the Deloitte & Touche Technology Fast 50 or Fast 500 programs, visit www.fast500.com.

###

About BizNet Software
BizNet Software's staff of accountants and IT professionals specializes in helping companies improve the financial reporting process by enhancing existing financial systems and processes, resulting in better decision making and shorter closing cycles.

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 Deloitte & Touche's web site at www.deloitte.com/us.

CONTACT:

Steve Hill
Michael & Partners
stevehill@michaelpartners.com
972.716.0500 x105

Ben McMann
BizNet Software
bmcmann@biznetsoftware.com
972.893.0000 x101

About Us
Overview
Management Team
Company News
For the media



Resource Center
- Product Demo
- White Papers
For More Information
- Phone 972.893.0000
- Email BizNet Software

Sign up for our email newsletter