INTELECOM SOLUTIONS NAMED ONE OF NEW YORK'S FASTEST GROWING TECHNOLOGY COMPANIES IN DELOITTE'S TECHNOLOGY FAST 50 PROGRAMDeer Park, NY September 22, 2006 -- Intelecom Solutions, one of the country's leading IP telephony service providers has been named to Deloitte's prestigious Technology Fast 50 Program for the New York Region, a ranking of the 50 fastest growing technology, media, telecommunications and life sciences companies in the area by Deloitte & Touche USA LLP. Rankings are based on the percentage revenue growth over five years from 2001-2005. Intelecom Solutions had a 397 percent increase in revenues from 2001 to 2005, resulting in a #20 ranking in the New York Technology Fast 50
Intelecom Solutions' CEO, Joseph Fiorillo, credits this tremendous growth to a strong commitment to its customers, a hard working and dedicated team of employees, and by delivering new and innovative products at competitive pricing. "We were delighted that our achievements were honored among some of the best companies in New York," said Mr. Fiorillo.
"Deloitte's New York Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today's very competitive technology environment," said Ed Moran, Director of Product Innovation/Leader, Nanotechnology Industry Practice, Deloitte Services LP, New York. "We applaud Intelecom Solutions and acknowledge it as one of the real success stories in New York over the past five years."
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2001 and $5,000,000 in 2005, 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.
Winners of the 16 regional Technology Fast 50 programs in the United States and Canada are eligible to be entered into the Deloitte's Technology Fast 500 program, which ranks North America's top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.
Intelecom Solutions Inc. is a privately held integrated communications provider. Our objective is to provide a wide array of telecommunications services with competitive pricing and unsurpassed customer care. Intelecom offers businesses large and small the opportunity to take advantage of VoIP today! Whether you are integrating voice into your existing legacy system or building a complete VoIP system for one or more offices, Intelecom has the solution.
For more information or to order the products call (631) 240-9100 Or visit the web at www.intelecomsolutions.com