Concur Technologies (NASDAQ: CNQR), a Redmond, Wash.-based expense management independent software vendor and ASP, today announced it has been named to Deloitte & Touche’s Washington State Technology Fast 50 for the second year in a row.
Winners of the 22 regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte & Touche’s Technology Fast 500 program, which ranks North America’s top 500 fastest growing technology companies.
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“Today, there are more than 22,000 technology companies in the United States, many of whom are competing for the same markets here in the states and worldwide. The Fast 50 winners for Washington State have proven that they can compete successfully by consistently delivering technological wonders,” said Larry Hile, partner for Deloitte & Touche.
To be nominated for Deloitte & Touche’s Technology Fast 50 program, entrants must meet the following criteria:
- They must have at least five years of operations, with minimum operating revenues of $50,000 for 1996 and
$1 million for 2000 - They must either develop proprietary technology that contributes to a significant portion of its operating revenues, manufacture a technology-related product, or devote a high percentage of effort to research and development of technology.
The annual ranking is based on five-year revenue growth, from 1996 to 2000.