SOURCE: BBS Technologies

 
Nov 05, 2008 08:00 ET

BBS Technologies Ranks 9th in Deloitte's Technology Fast 50 Program for Texas

Company Jumps 40 Spots With Phenomenal Revenue Growth Rate of 2153%

HOUSTON, TX--(Marketwire - November 5, 2008) - BBS Technologies, a leading provider of systems management tools for Windows and Linux servers, announced today that the company ranked 9th in Deloitte's prestigious Technology Fast 50 Program for Texas, a ranking of the 50 fastest growing technology, media, telecommunications, and life sciences companies in the area by Deloitte LLP, one of the nation's leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2003-2007.

"Deloitte's Texas Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today's very competitive technology environment," said Skip Moore, managing partner of Technology, Media and Telecommunications, Deloitte & Touche LLP. "We applaud the successes of BBS Technologies and acknowledge it as one of the very few to accomplish such a fast growth rate over the past five years."

BBS Technologies jumped 40 places since the company's ranking of 49 in the 2007 Technology Fast 50 Program for Texas with outstanding revenue growth of 2153% since 2003.

"Since 2003 BBS Technologies has gone from a fledgling start-up to a global business with multiple product lines," said Rick Pleczko, President and CEO of BBS Technologies. "This award puts an eye-popping number on all the work the employees of BBS Technologies put in each day. It is an honor to be recognized as an outstanding company in Texas."

About Deloitte's Technology Fast 50 Program

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2003 and $5,000,000 in 2007, 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.

For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit www.fast50.com.

About BBS Technologies

Based in Houston, Texas, BBS Technologies is a leading provider of systems management products that help companies better manage the performance, availability and security of their Windows and Linux Servers. Recently named to the top 50 in the Deloitte Fast 500 list of the fastest growing technology companies in the US, BBS Technologies is organized into two divisions:

-- Idera: Systems management tools for Windows

-- R1Soft: Systems management tools for Linux and Windows.

Visit www.bbstechnologies.com

Idera, and R1Soft are divisions of BBS Technologies, Inc. Idera, and R1Soft are trademarks or registered trademarks of BBS Technologies, Inc. or its subsidiaries in the United States and other jurisdictions. All other company and product names may be trademarks or registered trademarks of their respective companies.

Press and Analyst contact:
Carrie Ward
PR for Idera
832-407-5347
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