Attributes Successful Information Security Health Check Business Model to 497% Revenue Growth
HERNDON, Va.- November 5, 2001- TruSecureÒ Corporation, a Managed Security Services Provider that improves and maintains enterprise security health through a comprehensive preventative program, announced today that it has been named to the Deloitte & Touche Technology Fast 50 Program for Virginia, a ranking of the 50 fastest growing technology companies in the area. Rankings are based on the percentage of growth in revenues from 1996-2000 (five-year period).
TruSecure’s president and CEO Adam Joseph credits the company’s successful security assurance business model and the explosive growth of Internet and e-business initiatives with the company’s 497 percent revenue growth over the past five years.
“TruSecure helps global 10,000 companies safely pursue their e-business objectives while cost-effectively identifying, managing and monitoring relevant security risks across their networks,” said Adam Joseph, president and CEO of TruSecure Corporation. “Being named to the Fast 50 list validates that TruSecure is well positioned to continue our leadership in the managed security services arena.”
“The Deloitte & Touche Technology Fast 50 recognizes and honors the fastest growing regional technology companies whose leaders have the vision and determination to beat the odds and build companies that contribute to the world with long term solutions,” said Gary Tabach, Partner in Charge, Technology & Communications Practice, Deloitte & Touche.
TruSecure’s increase in revenues of 497 percent over the five-year period of 1996 to 2000 qualified them as a member of the Deloitte & Touche Technology Fast 50 for Virginia.
To qualify for the Deloitte & Touche Technology Fast 50, companies must have had operating revenues of at least $50,000 in 1996 and $1,000,000 in 2000, must be public or private companies headquartered in the Virginia region; and be “technology companies” defined as companies that produce technology, manufacture a technology product, or devotes a high percentage of effort to research and development of technology.
Winners of the 21 regional Deloitte & Touche Technology Fast 50 programs in the United States are automatically entered in the Deloitte & Touche Technology Fast 500 program, which ranks the nation’s top 500 fastest growing technology companies. For more information on the Deloitte & Touche Technology Fast 50 or Fast 500 programs, visit www.fast500.com.
About TruSecure Corporation
TruSecure provides global 10,000 companies with comprehensive enterprise risk-management programs that assure the ongoing security of their critical systems and information. By integrating disparate security products and processes into a comprehensive risk-management program, TruSecure helps hundreds of companies achieve greater risk reduction at lower cost. TruSecure’s ICSA Labs is the security industry’s central authority for product standards and testing, and today certifies more than 95% of the market’s anti-virus software, network firewalls, cryptography and IPSec products. TruSecure’s monthly magazine, Information Security, is the industry’s leading trade publication. Based in Herndon, VA, TruSecure Corporation is privately-held with investors including J. & W. Seligman & Co., J.P. Morgan Partners, Weston Presidio Capital, Greylock and WaldenVC.
For more information about TruSecure, please visit www.trusecure.com.
About Deloitte & Touche
Deloitte & Touche LLP, one of the nation’s leading professional services firms, provides assurance and advisory, tax, and management consulting services through nearly 30,000 people in more than 100 U.S. cities. The firm is dedicated to helping our clients and our people excel. Known as an employer of choice for innovative human resources programs, Deloitte & Touche has been recognized as one of the “100 Best Companies to Work For in America” by Fortune magazine for four consecutive years. Deloitte & Touche is the U.S. national practice of Deloitte Touche Tohmatsu. Deloitte Touche Tohmatsu is a Swiss Verein, and each of its national practices is a separate and independent legal entity. For more information, please visit Deloitte & Touche’s web site at www.us.deloitte.com.