Press Releases
World Wide Packets Named One of the Deloitte's Pacific Northwest Technology Fast 50
Extraordinary Developments in Carrier Ethernet Offerings Drive Growth
Spokane Valley, WA – September 29, 2006 – World Wide Packets, a leading provider of Carrier Ethernet solutions, has been named to Deloitte's prestigious Technology Fast 50 Program for the Pacific Northwest, a ranking of the 50 fastest growing technology, media, telecommunications and life sciences companies in the Washington, Oregon and Idaho by Deloitte & Touche USA LLP, one of the nation's leading professional services organizations. Rankings are based on the percentage revenue growth during the five years from 2001-2005.
World Wide Packets' President and CEO Dave Curry credits the rapid increase in Ethernet solution deployments with the company's growth over the past several years. “True carrier grade Ethernet solution adoption has experienced extraordinary growth in both the residential and business sectors,” said Curry. “We are pleased to be recognized for our company's rapid growth and anticipate even greater success as Carrier Ethernet becomes the standard for internet access.”
“Deloitte's Pacific Northwest Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today's very competitive technology environment,” said Larry Hile, a Partner in Deloitte's Technology, Media & Telecommunications (TMT) industry practice based in Seattle. “We applaud the successes of World Wide Packets and acknowledge it as one of the very few to accomplish such a fast growth rate through the past five years.”
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.
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 World Wide Packets
World Wide Packets is a leading provider of Carrier Ethernet solutions that allow broadband service providers and telecommunications carriers to realize a new level of speed and agility in the deployment of revenue generating Ethernet services. With World Wide Packets' LightningEdge® product family, providers can address the demand with their growing customer base by fully leveraging the power, flexibility and economies of Ethernet technology, while dramatically reducing the CapEx and OpEx of existing legacy networks. Only World Wide Packets offers the QoS, scalability, reliability and manageability necessary to making True Carrier Ethernet services such as IPTV, VoIP, mission critical data and wireless transport a reality. For more information on World Wide Packets, please visit www.worldwidepackets.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.
Contact
Shannon Breen
Racepoint Group
+1 781-487-4607
sbreen@racepointgroup.com
Access Brilliance, Ethernet to the Subscriber, ETTS, Fiber to the Subscriber, FTTS, LightningEdge, World Wide Packets and the World Wide Packets logo are trademarks of World Wide Packets Incorporated. All other trademarks are the property of their respective owners.
