Sunday, October 09, 2005

Netkey named one of Connecticut's fastest-growing tech companies

There must be a spate of these awards going around, since I saw a virtually identical press release for digital signage firm PlayNetwork in Washington state. Anyway, here's the blurb:
Netkey Inc. has been named to Deloitte's prestigious Technology Fast 50 Program for Connecticut, a ranking of the 50 fastest growing technology companies in the area, according to a news release. Rankings are based on the percentage revenue growth over five years from 2000-2004.

The average increase in revenues among companies who made the Technology Fast 50 for this region was 36 percent. To qualify for the Connecticut Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2000 and $1,000,000 in 2004, be headquartered in Connecticut, and be a "technology company," defined as a company that owns proprietary technology 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 in a unique way does not qualify.
For those who aren't familiar with Netkey, they make kiosk software for the Windows operating system, and are definitely one of the top players in their market. Kiosk Marketplace is carrying the rest of the press release.

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