ConceptSolutions Earns Fourth Consecutive FAST 500 Ranking
Firm Ranks #262 for Five-Year Growth of Over 350%
Reston, Virginia — October 21, 2010 — Concept Solutions, LLC. (www.Concept-Solutions.com), an information management and enterprise Web 2.0 technology consulting company serving government, military, and commercial organizations, announced today it has earned a spot in Deloitte’s prestigious Technology Fast 500 program. Deloitte’s Fast 500 is an annual listing of the 500 fastest growing technology, media, telecommunications, and life sciences companies in North America based on percentage revenue growth over the past five years. ConceptSolutions has been named to the Fast 500 listing each of the past four years.
“ConceptSolutions is proud to be a member of the 2010 Deloitte’s Fast 500. Appearing on this prestigious ranking illustrates our dedication to serving our growing number of government clients and our commitment to quality and innovation,” said Phong Mai, President and CEO of ConceptSolutions. “We are pleased to have achieved consistent and continuous recognition on this list over the past four years.”
With a five-year revenue growth of 352%, between 2005 and 2009, ConceptSolutions ranks 262 on Deloitte’s 2010 listing. ConceptSolutions has enjoyed steady growth since its founding in 1999, appearing on the Fast each of the past four years. The company has ranked 293 in 2007, 287 in 2008, 303 in 2009, and most recently, 262 in 2010. Within the Washington, DC metropolitan area, 32 companies were named to the Fast 500 listing, with ConceptSolutions ranking the 18th highest of those companies.
About Deloitte’s FAST 500
The Technology Fast 500 ranking is compiled from nominations submitted directly to the Technology Fast 500 website, and public company database research conducted by Deloitte. Technology Fast 500 award winners for 2010 are selected based on percentage fiscal year revenue growth during the five-year period from 2005 to 2009.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company’s operating revenues. Using other companies’ technology or intellectual property in a unique way does not satisfy this requirement. Technology Fast 500 award eligibility requirements also include base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. These revenues must have more than doubled between 2005 and 2009. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
Founded in 1999 and headquartered in Reston, Virginia, ConceptSolutions is an information management and technology consulting company, providing strategic, technical, and problem solving expertise to the FAA, the Department of Defense, the Department of Homeland Security and Fortune 1000 companies. ConceptSolutions is a leading enterprise Web 2.0 implementer with a track record of making organizations measurably more productive, efficient, and innovative. ConceptSolutions maintains federal contract vehicles and partner alliances, including GSA Schedule 70, FAA eFAST, Seaport-e, Oracle Partner Network, TURBO Enterprise Partner Program, and the Microsoft Partner Program. For more information, please visit www.concept-solutions.com .
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