SOURCE: Envision Financial Systems, Inc.

August 28, 2006 16:00 ET

Envision Financial Systems Named One of Orange County's Fastest Growing Technology Companies in Deloitte's Technology Fast 50 Program

Award Marks Third Consecutive Year Placing Within Fast 50

IRVINE, CA -- (MARKET WIRE) -- August 28, 2006 -- Envision Financial Systems will be named to Deloitte's prestigious Technology Fast 50 Program for Orange County for the third consecutive year, a ranking of the 50 fastest growing technology companies in the area by Deloitte & Touche LLP, one of the nation's leading professional services firms. Scheduled to be announced at the Orange County awards luncheon on October 3, Technology Fast 50 rankings are based on the percentage of growth in fiscal year revenues over five years, from 2001-2005.

"This year marks a pivotal year for Envision," says Satnam Gambhir of Envision. "We were certified for CMMI Level 4, our headquarters have expanded to Irvine, California, and we continue to add new product offerings and sign new clients. We believe the next three years will be ones of rapid expansion as we continue to provide innovative solutions to the financial industry."

To qualify for the Technology Fast 50, companies must have had base-year operating revenues of at least $50,000 and current-year operating revenues must have been at least $5 million, must be public or private companies headquartered in their respective geographical location, and must own 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.

Winners of the 15 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 companies. For more information about Deloitte's Technology Fast 50 or Fast 500 programs, visit www.fast500.com.

About Envision Financial Systems

Founded in 1994, Envision Financial Systems, Inc. is a leading provider of software solutions to the institutional and mutual fund asset management markets. Using an in-depth knowledge of the financial services industry and extensive experience in software development, they create leading-edge global systems that are intuitive, scalable, and easily adaptable. Their systems are based upon open standards, helping their clients compete in the ever-changing global environment. Envision's headquarters are in Irvine, California, with Client Service and Support in Owings Mills, Maryland and Research and Development in Bangalore, India. For more information, visit www.enfs.com.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu" or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by Deloitte Touche Tohmatsu Verein.

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.

Contact Information


  • Company Contact:
    Edward Yang
    Email Contact
    (714) 247-0030, ext 124