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Press Release |
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Tenrox Ranks #40 on Deloitte Technology Fast 50 Program for Los Angeles For the third consecutive year, Tenrox—the leading provider of workflow-driven Project Workforce Management Solutions—has been named to Deloitte's prestigious Technology Fast 50 Program for Los Angeles. Deloitte's list is a ranking of the 50 fastest growing technology, media, telecommunications and life sciences companies in the area by Deloitte & Touche USA LLP, one of the nation's leading professional services organizations. Tenrox has ranked 40th based on the company's 59% revenue growth over five years from 2001–2005. “To rank on Deloitte's Technology Fast 50, companies must have phenomenal revenue growth over five years,” said Tony Buzzelli, Regional Managing Partner, Deloitte & Touche LLP in Los Angeles. “For the third year running, Tenrox continues to be one of the fast-growth success stories in Los Angeles, and we applaud their dedication to making their vision a reality.” “We’re proud of ranking in the Deloitte Fast 50,” said Rudolf Melik, CEO, Tenrox. “We work very hard for our customers and are intensely focused on offering an innovative and intuitive project workforce management solution that provides our customers with a business critical system they can depend on. Customer satisfaction and growth drive all decisions and priorities at Tenrox. If customers are happy and the company is growing then everything else—happy employees, cash flow and profits—just follows naturally.” 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 automatically entered in 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. This year's Los Angeles Technology Fast 50 program is co-presented by Deloitte & Touche USA LLP and Porsche Motorsport, Continental Airlines, Comerica, Marsh, Stradling Yocca Carlson & Rauth, Cresa Partners and Merrill Corporation, in association with the Technology Council of Southern California. About Deloitte Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP. About Tenrox Tenrox empowers client companies to meet the challenges of globalization, enterprise fragmentation and increased regulatory scrutiny. Available on-demand or on-premises, Tenrox solutions have served more than 800 organizations in 50 countries, maximizing efficiency, data security and reliability. Since 1995, Tenrox has served organizations such as Rio Tinto Alcan, E*TRADE Securities , First National Bank, Visa, Hydro Quebec, Invensys Systems Canada, Major Drilling, Pioneer Natural Resources, US Army, The Pentagon, Talisman Energy, University of Michigan, Northrop Grumman, Oxfam, Thermo Fisher Scientific, Estee Lauder and Wyeth. Tenrox software is available through direct sales channels and a network of worldwide partners. For more information about the company or its award-winning family of products, go to www.tenrox.com. Media Contact:
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