SOURCE: CrownPeak

August 12, 2005 08:00 ET

CrownPeak Recognized as "Rising Star" in Deloitte Technology Fast 50

Leader in Content Management Services Achieves Revenue Growth Three Years Running

LOS ANGELES, CA -- (MARKET WIRE) -- August 12, 2005 -- CrownPeak (www.crownpeak.com), the software service leader in content management, was named a 2005 "Rising Star" in Deloitte's Technology Fast 50 program for Los Angeles. A special designation for fast-growth technology companies that have been in business just three or four years, the Rising Star award ranks the 50 fastest growing technology companies in the Los Angeles area.

"The Deloitte Los Angeles Technology Fast 50 Rising Star companies have shown the strength, vision and temerity to succeed despite a very challenging technology environment," said Tim Lovoy, partner, Technology, Media & Telecommunications, Deloitte & Touche LLP. "We applaud the successes of CrownPeak and acknowledge their place as one of the few to accomplish such a fast growth rate over the past three years."

"We are honored to be recognized by Deloitte for our strong performance," said Jim Howard, CEO of CrownPeak. "Our sustained revenue growth is a testament to the quality of our solutions and our service offering. We expect our leadership in the market to continue as we continue to add clients across industry sectors to our roster."

To qualify for the Technology Fast 50 Rising Star program, companies must have had operating revenues of at least $50,000 in 2002 and $1,000,000 in 2004, must be headquartered in North America, and be a "technology" company defined as a company that owns 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.

Rising Star winners are automatically entered in Deloitte's Technology Fast 500 Rising Star category. Deloitte's Technology Fast 500 ranks North America's top 500 fastest growing technology companies based on percentage revenue growth over the course of five years. It's Rising Star ranking is based on percentage revenue growth over the course of three years. For more information on Deloitte's Technology Fast 50, 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 U.S. member firm of Deloitte Touche Tohmatsu. In the U.S., 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 CrownPeak

Based in Los Angeles, CrownPeak is the first company to provide 360 Site Management software-as-a-service. CrownPeak solutions include CrownPeak CMS, an enterprise-class Web content management solution, and CrownPeak Search the first on-demand search tool designed to continually learn from both the content and user's search behavior. CrownPeak delivers its unique combination of software and services to such clients as Crain Communications, Hospital Corporation of America (HCA), Hyundai Motors, the University of Southern California, and the State of Virginia. CrownPeak solutions support hundreds of sites, thousands of users and millions of Web pages. CrownPeak won InfoWorld's Product of the Year in 2005, has been named to EContent's 100 most influential companies list, has won eWeek's prestigious Analysts Choice Award, and is a 2003, 2004 and 2005 SIIA Codie Award finalist as Best Content Management System, and has been named one of the top 25 ASP's worldwide by ASPNews.

Contact Information

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    Erin Lumley
    SHIFT Communications
    415.591.8414
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