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Front Range Internet Named One of Fastest 50 Growing Tech Companies For the 4th Year in a Row by Deloitte & Touche
FORT COLLINS, CO -- October 6, 2005 -- Front Range Internet, Inc. (FRII), one of Colorado's largest Internet service providers, was named #34 of 50 last night at a CEO Reception in Denver. The reception honored the Fastest Growing Technology Companies in Colorado.
Deloitte's prestigious Technology Fast 50 Program for Colorado is a ranking of the 50 fastest growing technology companies in the state 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 2000-2004.
Front Range Internet's CEO Bill Ward credits a dedicated staff, sound business sense while deploying new technology and maintaining customer service excellence with the company's 61% revenue growth from 2000-2004. He said, "We have maintained a steady but aggressive course in providing the highest quality Internet services we can. Our excellent and highly motivated staff has made this growth possible."
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2000 and $1,000,000 in 2004, be headquartered in North America, and be a "technology company," defined as a company that owns proprietary technology 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 in a unique way does not qualify.
"To rank on Deloitte's Colorado Technology Fast 50, companies must have phenomenal revenue growth over five years. FRII has proven to be one of the fast-growth success stories in Colorado, and we applaud their dedication to making their vision reality," stated Steve Yaroch, Technology, Media and Telecommunications Group Leader for Deloitte & Touche LLP in Denver and Chair of the 2005 Colorado Technology Fast 50.
Winners of the 15 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 companies. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.
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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.
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