Marlabs Inc. Named One of New Jersey's Fastest Growing Technology Companies in Deloitte & Touche "Fast 50" Program
Marlabs Inc. honored for 1,367% Percent
Growth Over a Five-Year Period Marlabs Inc. has provided technology services and solutions to prestigious companies in the state as well as nationally for over 6 years. Today, its clients include a broad spectrum of Fortune 500 as well as small to mid-size companies such as Loudcloud, American College of Radiology, J P Morgan Chase, John Deere Healthcare, Young & Rubicam, and Baylor Health Care System, to name a few. Marlabs increase in revenues of 1,367 percent from 1997 to 2001 resulted in a 18th ranking overall in the Fast 50 for New Jersey. The average increase in revenues among companies who made the Fast 50 for this region was 794 percent. Ray Lewis, Technology, Media and Telecommunications - Partner with Deloitte & Touche had this to say about Marlabs. "In today's economy, four-digit percentage revenue growth is an exceptional accomplishment. We commend Marlabs for making the commitment to technology and delivering on the promise of market longevity. We are proud to honor Marlabs as a Deloitte & Touche Technology Fast 50 winner." To qualify for the Fast 50, companies must have had operating revenues of at least $50,000 in 1997 and $1,000,000 in 2001, must be public or private companies headquartered in New Jersey, and be "technology companies," defined as companies that own proprietary technology which contributes to a significant portion of the company's operating revenues or devotes a high percentage of effort to research and development of technology. Winners of the 20 regional Technology Fast 50 programs in the United States and Canada 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 Marlabs Inc. |