Concept Solutions, LLC. (www.Concept-Solutions.com), a Small Business technology and management consulting company serving government 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.
Since its founding in 1999, ConceptSolutions has prospered with steady growth, landing on the FAST 500 list each of the past five years. For revenue growth between 2006 and 2010, ConceptSolutions ranks 322 nationally on the 2011 FAST 500 and ranks 20 in the Washington, DC metropolitan area, with a five-year revenue growth of 262%.
“ConceptSolutions is honored to be recognized by Deloitte as one of the 500 fastest growing technology companies in North America. Through our continued commitment to provide the best services for our customers, ConceptSolutions has continued to journey forward to achieve consistent growth and success,” said Phong Mai, President and CEO of ConceptSolutions. “We are proud to receive recognition on the prestigious list for each of the past five years.”
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 2011 are selected based on percentage fiscal year revenue growth during the five-year period from 2006 to 2010.
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 2006 and 2010. 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 other government organizations. 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, STARS II, and MOBIS; 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.