SOURCE: Archer Technologies

Archer Technologies

October 21, 2009 09:18 ET

Archer Technologies Ranked on Deloitte's 2009 Technology Fast 500 for the Third Consecutive Year

Demand for Archer's Governance, Risk and Compliance Solutions and Community-Driven Approach to Product Innovation Drives the Company's 340 Percent Revenue Growth

OVERLAND PARK, KS--(Marketwire - October 21, 2009) - Archer Technologies, a provider of enterprise governance, risk and compliance (GRC) solutions, today announced that it has been listed for a third consecutive year on the Technology Fast 500™, Deloitte LLP's ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the five-year period from 2004-2008. Archer grew 340 percent during this period.

Archer CEO Jon Darbyshire credits the company's experienced team and strong demand for Archer's award-winning GRC solutions for the company's revenue growth during the past five years.

"Our third consecutive ranking on the Deloitte Technology Fast 500 is an important achievement for our employees, whose talent, ingenuity and commitment to quality have driven our success as a company since inception," said Darbyshire. "Archer continues to see rapid growth in the market, fueled by our Community-driven approach to product innovation, along with our customers' need for a flexible, powerful technology platform that allows them to manage ever-evolving risk and regulatory challenges."

A proven leader in the enterprise GRC software marketplace, Archer provides the foundation for a best-in-class governance, risk management and compliance program for global clients across multiple industries, with strongholds in financial services, telecommunications, technology, retail, healthcare, media, insurance and banking. With more than six million licensed users, Archer delivers out-of-the-box software solutions built on the flexible Archer SmartSuite Framework, a GRC platform that supports the automation of complex business processes.

Overall, Technology Fast 500™ award winners for 2009 had growth rates ranging from 212 to 146,050 percent over five years, with an average growth rate of 2,486 percent.

Technology Fast 500™ Selection and Qualifying Criteria

Technology Fast 500™ provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. This ranking is compiled from nominations submitted directly to the Technology Fast 500™ website, and public company database research conducted by Deloitte LLP. Technology Fast 500™ award winners for 2009 are selected based on percentage fiscal year revenue growth during the five-year period from 2004 to 2008.

In order to be eligible for Technology Fast 500™ recognition, companies must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues. Using other companies' technology or intellectual property in a unique way does not satisfy this requirement. Consulting companies, professional service firms, etc. are not eligible unless they have proprietary technology that contributes to a significant portion of their operating revenues.

Technology Fast 500™ award eligibility requirements include a base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, these revenues must have more than doubled between 2004 and 2008. Also, companies must be in business for a minimum of five years, and be headquartered within North America.

About Deloitte

As used in this document, "Deloitte" means Deloitte LLP. Please see www.deloitte.com/ about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

About Archer Technologies

Archer Technologies delivers enterprise governance, risk and compliance (GRC) solutions. With more than six million licensed users and a client list that includes one in four of the Fortune 100, Archer enables companies to manage enterprise risks, demonstrate compliance, automate business processes and gain visibility into corporate risk and security controls.

Archer's out-of-the-box solutions, including Policy, Risk, Compliance, Enterprise, Incident, Vendor, Threat, Business Continuity and Audit Management, are built on the flexible Archer SmartSuite Framework™, allowing clients to tailor the solutions according to their unique requirements. Whether deployed on-premise or via Archer's SaaS model, the Framework has become a go-to GRC platform for many global organizations.

Archer is the only vendor that delivers the Archer E-GRC Ecosystem™ comprised of out-of-the-box solutions, a flexible Framework, a robust user community, and an application and partner exchange, which provides clients the tools they need to build a best-in-class enterprise GRC program. For more information, visit www.archer.com or call 1-888-539-EGRC.

Contact Information

  • For more information, press only:
    Erica Camilo or Jill Newberry
    BluePoint Venture Marketing for Archer Technologies
    781-861-7800
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