ConceptSolutions Earns Second Consecutive Fantastic 50 Ranking

Concept Solutions LLC, an information management and Enterprise Web 2.0 technology consulting company serving government, military and commercial organizations has earned its second consecutive Fantastic 50 Ranking from the Virginia Chamber of Commerce with a ranking of 45. The Virginia Chamber of Commerce’s Fantastic 50 is a list of the 50 fastest-growing companies in the state.

“We are very proud to have once again earned this ranking,” said Phong Mai, ConceptSolutions President and CEO. “This recognition reflects the continued dedication from all of our staff, and we are excited to carry this success into our future.”

ConceptSolutions followed up strong performance in 2009 with a successful 2010, which saw major contract wins and add-ons. During 2010, ConceptSolutions continued impressive growth, adding 70 employees and finishing the year with $25M in revenue.

“These growing companies are proof positive that optimism is very much alive in Virginia’s business community,” said Barry DuVal, President and CEO of the Virginia Chamber. “Small businesses are the economic engine of the Virginia economy, creating jobs necessary to revitalize the Commonwealth’s economy following the recent worldwide financial crisis.”

The Fantastic 50 award program is sponsored by the Virginia Chamber of Commerce, Cox Communications, Inc., Dixon Hughes Goodman LLP, SunTrust Bank, Virginia Business Magazine and the Westfields Marriott. The networking reception prior to the awards banquet was sponsored by SAIC and Hunton & Williams. Multi-media and program sponsors include Washington Gas, Fairfax County Economic Development Authority and In Your Ear. Nominations for the Fantastic 50 were sought statewide from local chambers, economic development organizations, small business development centers and through the sponsors’ networks. Companies could also nominate themselves. To be eligible, companies were required to be privately held, with headquarters in Virginia, and to show sales between $200,000 and $100 million. They were judged on a four-year sales revenue history. Verification of all award entries was conducted by the accounting firm of Dixon Hughes Goodman LLP.

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.

About ConceptSolutions
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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ConceptSolutions Wins 2010 ATCA Small and Disadvantaged Business Award

The Air Traffic Control Association (ATCA) has recognized Concept Solutions, LLC with the 2010 Small and Disadvantaged Business Award. This award is given away each year to a small business for demonstrating outstanding achievement or contribution, which has added to the quality, safety, or efficiency of air traffic control.

“ConceptSolutions is extremely proud to be recognized by the Air Traffic Control Association,” said Phong Mai, ConceptSolutions’ President and CEO. “We strive to provide our clients with the safest, most efficient, and highest quality solutions, and this award reflects the hard work from all of our staff to successfully meet our clients’ needs.”

Through numerous projects, ConceptSolutions has shown the commitment to assist the Federal Aviation Administration (FAA) and related agencies through program management, system engineering, and logistics support in an effort to maintain and improve safety, efficiency, reliability, and cost throughout the National Airspace System (NAS).

ConceptSolutions Named to 2010 Inc. Magazine 5000

Inc. magazine today ranked Concept Solutions, LLC on its fourth annual Inc. 5000, an exclusive ranking of the nation’s fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent-minded entrepreneurs.

“ConceptSolutions takes pride in our placement on the Inc. 5000 list,” said Phong Mai, ConceptSolutions President and CEO. “We appreciate the recognition from such an esteemed organization, and we are eager to continue to build upon our success that has put us in such company.”

ConceptSolutions received an overall rank of 1587 out of 5000 companies, and was ranked 175 out of 335 companies within the Government Services industry for performance during FY 2009. ConceptSolutions 2009 revenue was over $19 Million, a 180% growth from 2006.

“The leaders of the companies on this year’s Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression,” said Inc. president Bob LaPointe. “The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs.”

ConceptSolutions Wins DHS Small Business Achievement Award for 2nd Consecutive Year

Reston, Virginia — April 20, 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 won the U.S. Department of Homeland Security (DHS) Small Business Achievement Award for the 2nd consecutive year.

Phong Mai, President and CEO and John Krahulec, Executive Vice President and COO of ConceptSolutions received the award on Thursday, April 15, 2010 at a ceremony held at DHS offices. The Department of Homeland Security selected ConceptSolutions as a 2010 Award recipient for its efforts in 2009 providing technical support to the Transportation Security Administration (TSA). According to DHS, “ConceptSolutions demonstrated their commitment to quality by working proactively to help the TSA achieve FPDS-NG [Federal Procurement Data System—Next Generation] validation, delivering the annual certification report on schedule and under budget…Several best practices have been implemented…These include improvements in contract file operations, reducing FPDS-NG input errors, [and] development of reports to monitor data accuracy…The team has also developed comprehensive FPDS-NG training to be provided to all contracting divisions in FY 2010.”
The DHS Small Business Achievement Award, which was also awarded to ConceptSolutions in 2009 for efforts in 2008, is presented to small businesses for outstanding commitment to the homeland security mission. ConceptSolutions is one of fourteen companies from across the country to be awarded the 2010 annual award.

“ConceptSolutions proudly accepts the 2010 DHS Small Business Achievement Award. Such an award is evidence of our team’s technical talent, problem solving, and continued commitment to quality. Our core value of tailoring our solutions and deliverables to the customers’ needs takes on added importance as we continue to support mission-critical homeland security efforts,” said Phong Mai, President and CEO of ConceptSolutions.
According to the Department of Homeland Security, “[ConceptSolutions’] conscientious efforts have led to significant improvements in FPDS-NG data accuracy and related business processes. They are true team players…true experts in the field…every question answered and explained in consummate detail.”


ConceptSolutions Earns Third Consecutive Deloitte Technology Fast 500 Ranking

Reston, VA – October 21, 2009 – ConceptSolutions, (www.Concept-Solutions.com), an information management and Enterprise Web 2.0 technology consulting company serving government, military and commercial organizations, announced today that, for the third straight year, it has earned a spot in Deloitte’s prestigious 2009 Technology Fast 500TM program with a rank of 303.

Fueled by major contract wins and follow-on business from a number of federal agencies, including the Federal Aviation Administration (FAA) and Department of Homeland Security (DHS), ConceptSolutions achieved 428 percent revenue growth from 2004 to 2008. ConceptSolutions ranked 28th out of the 47 Washington, DC area-based companies to make this year’s Technology Fast 500 list.

Privately funded and always profitable since its founding in 1999, ConceptSolutions’ successful growth previously earned it a 2008 Technology Fast 500 rank of 287, and a 2007 rank of 293. This past September, ConceptSolutions announced it also had earned a ranking of 19th in Washington Technology magazine’s 2009 Fast 50, an annual listing of the 50 fastest growing small businesses serving the government marketplace.

Technology Fast 500 Selection and Qualifying Criteria Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences, and clean technology companies in North America. This 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 2009 are selected based on percentage fiscal year revenue growth during the five-year period from 2004 to 2008.

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. Consulting companies, professional service firms, etc. are not eligible unless they have proprietary technology that contributes to a significant portion of their operating revenues.

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 2004 and 2008. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.

ConceptSolutions Earns Washington Technology 2009 Fast 50 Ranking

Reston Firm Ranks as 19th Fastest Growing Small Business in the Government Market

Reston, VA – September 2008 – RESTON, VA – September 2009 – ConceptSolutions (www.Concept-Solutions.com), an information management and technology consulting company serving government, military and commercial organizations, announced today that it has earned a ranking of 19th in Washington Technology magazine’s 2009 Fast 50.

Fueled by major contract wins and follow-on business from a number of federal agencies, including the Federal Aviation Administration (FAA) and Department of Homeland Security (DHS), ConceptSolutions achieved more than 114 percent compound annual growth from 2004 through 2008. Washington Technology’s Fast 50 is an annual listing of the 50 fastest growing small businesses serving the government marketplace based on revenue growth over the past five years.

“Once again, our employees’ technical talent, problem solving expertise and unwavering commitment to quality have earned ConceptSolutions a ranking among the most successful businesses serving the federal government,” said Phong Mai, President and CEO of ConceptSolutions. “We’re especially proud to have attained this Washington Technology Fast 50 award through organic growth driven by innovation, such as our expanding Enterprise Web 2.0 solutions and capabilities.”

In September 2008, ConceptSolutions garnered its second consecutive ranking in Deloitte & Touche’s prestigious Technology Fast 50, placing 28th in Virginia. In November 2008, the company also earned a spot in Deloitte’s Technology Fast 500 program for the second straight year with a ranking of 287. Privately funded and always profitable since its founding in 1999, ConceptSolutions’ successful growth (526 percent growth from 2002 to 2006) merited the company 2007 rankings of 19th in Deloitte’s Technology Fast 50 for Virginia and 293rd in the Technology Fast 500 for North America.

Deloitte’s annual Fast 50/500 programs rank the fastest growing technology, media, telecommunications and life sciences companies locally and across North America based on percentage of revenue growth over a five-year period. In addition to other revenue requirements, to qualify for Deloitte’s Technology Fast 50/500, companies must own proprietary technology or proprietary intellectual property that contributes to a significant portion of the company’s operating revenues or devote a significant portion of revenues to the research and development of technology.

CONCEPTSOLUTIONS WINS DHS SMALL BUSINESS AWARD

Washington Technology Fast 50 and Deloitte & Touche Fast 50/500 Honoree Recognized for Design of FEMA Data Quality Plan

RESTON, VA – September 2009 – ConceptSolutions (www.Concept-Solutions.com), an information management and technology consulting company serving government, military and commercial organizations, announced today that it has won the U.S. Department of Homeland Security’s (DHS) 2009 Small Business Achievement Award.

“ConceptSolutions’ is proud to accept this DHS award, which reflects our team’s continued commitment to providing quality technical and consulting services to our growing roster of federal agency clients that create meaningful impact in communities nationwide,” said John Krahulec, executive vice president and COO, ConceptSolutions.

The DHS Award, presented April 29, honors ConceptSolutions’ work assisting the agency’s design of its Federal Emergency Management Agency (FEMA) Data Quality Plan for Federal Procurement Data System-Next Generation (FPDS-NG) Data.

ConceptSolutions, an 8(a) small business, designed the specific steps and methodology required to ensure DHS/FEMA’S FPDS-NG data validation was statistically accurate, performed detailed reviews for 361 transactions, compiled interim results against targeted performance measurements, and compiled that information into a formal package. The ConceptSolutions team’s extensive knowledge and experience with FPDS-NG allowed DHS/FEMA to quickly certify the integrity of its FPDS-NG submissions. The team also developed a training package to address areas for improvement for FPDS-NG data reporting, and delivered the training to the Acquisition Management Division (AMD) at FEMA Headquarters and in the field.

The FPDS-NG project is the second contract ConceptSolutions has secured with DHS/FEMA. In March 2007, ConceptSolutions won a contract with DHS/FEMA’s Acquisition Gulf Coast Recovery (AGCR) Office. During the one-year contract, the ConceptSolutions team supported future disaster response and recovery efforts in the Gulf Coast area. The ConceptSolutions team provided AGCR with a variety of functional and system support services, including contract award review and validation, activity management and control reporting, technology optimization to improve government efficiency and effectiveness, and Capital Planning and Investment Control (CPIC) systems support.

Fueled by a number of major federal contract wins and more than 114 percent compound annual growth from 2004 through 2008, ConceptSolutions recently earned a ranking of 19th on Washington Technology magazine’s 2009 Fast 50. Washington Technology’s Fast 50 is a listing of the 50 fastest growing small businesses in the government market.

In September 2008, ConceptSolutions garnered its second consecutive ranking in Deloitte & Touche’s prestigious Technology Fast 50 by placing 28th in Virginia. In November 2008, the company also earned a spot in Deloitte’s Technology Fast 500 program for the second straight year with a ranking of 287. Deloitte’s annual Fast 50/500 programs rank the fastest growing technology, media, telecommunications and life sciences companies locally and across North America based on percentage of revenue growth over the previous five-year period.

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ConceptSolutions Earns Second Deloitte FAST 500 Ranking as One of the Fastest Growing Technology Companies in North America

Firm Ranks #287 for Impressive Five-Year Growth of Over 570%

Reston, VA – November 12, 2008 – ConceptSolutions (www.Concept-Solutions.com), an information management and technology consulting company serving government, military and commercial organizations, announced today that, for the second straight year, 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 572 percent revenue growth between 2003 and 2007 secured a 2008 ranking of 287. In September, the company earned its second consecutive ranking in Deloitte’s Technology Fast 50 by placing 28th in Virginia. Privately funded and always profitable since its founding in 1999, ConceptSolutions’ successful growth (526 percent growth from 2002 to 2006) merited the company 2007 rankings of 19th in Deloitte’s Technology Fast 50 for Virginia and 293rd in the Technology Fast 500 for North America.

To qualify for the Deloitte’s 2008 Technology Fast 50/500, companies must have been in business for at least five years, had operating revenues of at least $50,000 in 2003 and $5,000,000 in 2007, 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 portion of revenues to the research and development of technology. Using other companies’ technology or intellectual property in a unique way does not qualify.

Deloitte & Touche Awards ConceptSolutions with Technology FAST 50 Award for Second Straight Year

Reston-Based Firm Ranks 28th in Virginia for Impressive Five-Year Growth of More than 570%

Reston, VA – September 25, 2008 – ConceptSolutions (www.Concept-Solutions.com), an information management and technology consulting company serving commercial, government, and military organizations, announced today it has, once again, been named to Deloitte’s prestigious Technology Fast 50 program with a ranking of 28th in Virginia.

Privately funded and always profitable since its founding in 1999, ConceptSolutions’ increased its revenue 572 percent from 2003 to 2007. The company’s 526 percent increase in revenue from 2002 to 2006 placed the company 19th in Deloitte’s 2007 Technology Fast 50 rankings in Virginia.

“ConceptSolutions is honored to have earned its second Fast 50 ranking in as many years,” said Phong Mai, ConceptSolutions President and CEO. “This award reflects ConceptSolutions’ continued commitment to positive growth as well as our high standards of performance and professionalism. We’re proud to again be recognized by Deloitte as one of Virginia’s fastest growing technology companies.”

The Fast 50 is a ranking of the 50 fastest growing technology, media, telecommunications and life sciences companies in Virginia by Deloitte & Touche USA LLP, one of the nation’s leading professional services organizations. Rankings are based on the percentage revenue growth over the past five years (from 2003-2007).

In 2007, Deloitte also honored ConceptSolutions as a Top 10 Technology Fast 50 Business Diversity Award winner, ranking the company 7th on that list. The Technology Fast 50 Business Diversity Awards acknowledge the growing importance innovative local small technology businesses in Maryland and Virginia that are owned and managed by individuals classified by the U.S. Small Business Administration as having one or more of the following small business designations: Minority-Owned, Woman-Owned, Veteran-Owned, Service Disabled Veteran-Owned, Small Disadvantaged Business, and HUBZone (Historically Underutilized Business Zone) certification.

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2003 and $5,000,000 in 2007, be headquartered in Virginia, 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 portion of revenues to the research and development of technology. Using other companies’ technology or intellectual property in a unique way does not qualify

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