SOURCE: CaseStack

October 06, 2006 12:07 ET

CaseStack Named as Deloitte & Touche USA LLP Technology Fast 50 Winner

Logistics Outsourcing Provider Is Selected to Be One of the 50 Fastest Growing Technology Companies in Los Angeles

SANTA MONICA, CA -- (MARKET WIRE) -- October 6, 2006 -- CaseStack has been named to Deloitte's prestigious Technology Fast 50 Program for Los Angeles, a ranking of the 50 fastest growing technology, media, telecommunications and life sciences 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.

CaseStack's increase of over 2,000% in revenues from 2001 to 2005 resulted in a second-place ranking in the Technology Fast 50 for Los Angeles. The average increase in revenues among companies who made the Technology Fast 50 for this region was 1,223%.

To qualify for the 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 North America, 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.

"Deloitte's Los Angeles Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today's competitive business environment," said Anthony J. Buzzelli, Vice Chairman, National Managing Partner, US Regions, Deloitte & Touche LLP. "We applaud the successes of CaseStack and its growth rate over the past five years."

Winners of the 16 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, media, telecommunications and life sciences companies. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.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 the 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.

About CaseStack

CaseStack, Inc. (www.casestack.com) provides logistics outsourcing services to mid-sized consumer packaged goods companies that sell products to retailers, distributors and other manufacturers. CaseStack combines an advanced transportation and warehousing system with proprietary, web-based software to provide end-to-end fulfillment services that enable customers to reap the benefits and economies of a sophisticated, global logistics system without all the infrastructure costs.

Contact Information

  • Contact:
    Sum-Sum Chan
    Manager
    Marketing Communications
    CaseStack Inc.
    (310) 473-8885 x108
    schan@casestack.com