SOURCE: Cervalis

October 13, 2006 10:23 ET

Cervalis Named One of Connecticut's Fastest Growing Technology Companies in Deloitte's Technology Fast 50 Program for 2006

Attributes High Quality Services to Its 2100 Percent Revenue Growth

STAMFORD, CT -- (MARKET WIRE) -- October 13, 2006 -- Cervalis has been named to Deloitte's prestigious Technology Fast 50 Program for the Connecticut Region, a ranking of the 50 fastest growing technology companies in the area by Deloitte & Touche USA LLP, one of the nation's leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2001-2005.

Cervalis' CEO Mike Boccardi attributes this success to the company's high quality services and customer care that are delivered by a team of dedicated IT professionals. Boccardi said, "We are extremely proud of being a winner of Deloitte's Technology Fast 50 Program. Maintaining our high quality service levels and customer care will continue to be our goals as we further grow and develop new services."

Cervalis' increase in revenues of 2100 percent from 2001 to 2005 resulted in a third place ranking in the Technology Fast 50 for Connecticut. The average increase in revenues among companies who made the Technology Fast 50 for this region was 598 percent.

To qualify for the Connecticut 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 Connecticut, 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 eligible to be entered into the 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

About Cervalis

Cervalis is a premier provider of IT Infrastructure Services, Business Continuity and Rapid Recovery solutions that enable customers to achieve higher level of business resilience and accelerate the way companies meet their business objectives. Through its state-of-the-art, fault-tolerant Operations and Recovery Centers, Cervalis offers world-class customer support with the technology needed to scale complex environments reliably and cost effectively. To learn more about the Cervalis advantage, please visit or call toll-free 1-866-602-2020.

About Deloitte

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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.

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