QualityLogic
Named One of Los Angeles Area's Fastest Growing Technology Companies in Deloitte
& Touche 'Fast 50' ProgramMoorpark, CA, July 25, 2001 - QualityLogic has been named to Deloitte & Touche's prestigious "2001 Los Angeles Fast 50" program, a ranking of the 50 fastest growing technology companies in the area. Rankings are based on the percentage of growth in revenues from 1996-2000 (five-year period).
QualityLogic's CEO and president, C. Michael Smith, credits an innovative approach to software quality assurance services and the hard work of QualityLogic's skilled staff with the company's 176 percent revenue growth over the past five years. He said, "QualityLogic's unique ability to engage with clients at any organizational level, from enterprise-wide quality consulting to product-specific testing, has found widespread acceptance in the market. I attribute this largely to the dedication and expertise of our staff of quality professionals."
"Technology as we know it has been part of our lives for less than 50 years, yet it has become a part of our every day existence. We at Deloitte & Touche salute QualityLogic, whose leaders had the vision and whose staff had the capabilities to keep up with the demands of today's fast-paced technology marketplace," said Gary Dickey, partner, Technology & Communications Group, Deloitte & Touche.
To qualify for the Fast 50, companies must have had operating revenues of at least $50,000 in 1996 and $1,000,000 in 2001, must be public or private companies headquartered in the Los Angeles area; and be "technology companies" defined as companies that produce technology, manufacture a technology product, are technologically intensive and/or use technology in problem-solving, or devote a high percentage of effort to research and development of technology.
Winners of the 21 regional Fast 50 programs in the United States are automatically entered in the Deloitte & Touche Technology Fast 500 program, which ranks North America's top 500 fastest growing technology companies. For more information on the Deloitte & Touche Fast 50 or Fast 500 programs, visit www.fast500.com.
About QualityLogic
QualityLogic is a full-service software Quality Assurance company with a comprehensive menu of offerings. The company provides enterprise-wide quality consulting and quality management; can establish a QA department or process within client companies; and provides QA services and product-specific testing. Flexible in their approach to quality issues, the company designs customized solutions that are appropriate for each clients' needs and cultures, helping clients move from a reaction mode to a proactive prevention mode. QualityLogic's services improve the efficiency and effectiveness of quality processes and activities. For more information, visit www.qualitylogic.com.
About Deloitte & Touche
Deloitte & Touche LLP, 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 100 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 four consecutive years. 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.us.deloitte.com.