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Interwoven Named to the 2004 Deloitte Technology Fast 500 List as One of the Fastest Growing Technology Companies in North America for Third Consecutive Year
Interwoven Attributes 564% Percent Revenue Growth to Leading ECM Solutions & Products, Corporate Strategy and Strong Custome
By: PR Newswire
Mar. 7, 2005 01:02 PM
SUNNYVALE, Calif., March 7 /PRNewswire-FirstCall/ -- Interwoven, Inc. , provider of Enterprise Content Management (ECM) solutions for business, today announced that it has been named for the third consecutive year to the 2004 Deloitte Technology Fast 500 list, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on percentage revenue growth over five years, from 1999-2003. Interwoven grew 564 percent during this period, attributing its growth to strong industry adoption of its innovative ECM solutions and products, successful corporate strategy and execution, and proven customer ROI. "Interwoven continues to lead the ECM industry by consistently anticipating the needs of our customers and bringing innovative products and solutions to market," said Martin Brauns, chairman and CEO of Interwoven. "Being named yet again to the coveted Fast 500 list clearly demonstrates that Interwoven's focus, execution and commitment to customers is paying off." In addition to being named to the Deloitte Technology Fast 500 list for three consecutive years, Interwoven was also one of five Rising Star award winners in the 2000 Deloitte & Touche Silicon Valley Technology Fast 50, a ranking of the 50 fastest growing technology companies in the area. Mark A. Evans, national managing partner of Deloitte's Technology, Media & Telecommunications Group, commented, "Achieving revenue growth of 564 percent over five years is a tremendous accomplishment during a difficult period for the technology sector. Interwoven's phenomenal growth puts it in select company." Fast500 Selection and Qualifications The Fast 500 list is compiled from Deloitte's 19 regional North American fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have had 1999 operating revenues of at least $50,000 USD and $75,000 CD for the United States and Canada, respectively; and 2003 operating revenues must be at least $1 million USD or CD. Entrants must also be public or private companies headquartered in North America and must 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. Using other companies' technology in a unique way does not qualify. For more information on the 2004 Deloitte Technology Fast 500 and to access the full list, please visit: http://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 Tax LLP, and their subsidiaries), and not by Deloitte & Touche USA LLP. About Interwoven Interwoven, Inc., provider of Enterprise Content Management solutions for business, enables organizations to unify people, content and processes to minimize business risk, accelerate time-to-value and sustain lower total cost of ownership. Interwoven delivers deep industry-specific solutions which reduce business process cycle time from initial collaboration through design, production, sales, marketing, legal review, IT and service. Interwoven leads the industry with a service-oriented architecture today and easy-to-use, best-in-class components and solutions. Today, approximately 3,200 enterprises, law firms and professional services organizations worldwide are Interwoven customers including British Telecom, Ford, Freshfields Bruckhaus Deringer, General Motors, Jones Day, Motorola and Yamaha. Interwoven is headquartered in Sunnyvale, Calif., with offices around the world. For more information visit http://www.interwoven.com/. (Logo: http://www.newscom.com/cgi-bin/prnh/20030430/IWOVLOGO )
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