QDesign
Named to Deloitte & Touche Fast 500 List
Leading Vendor of Audio Compression and
Security Software Among the 500 Fastest-Growing Technology Firms in North
America
November 28, 2001 - Vancouver, BC (Canada NewsWire)
-- QDesign Corporation announced today that it has been named to
Deloitte & Touche's Fast 500 list, a ranking of the 500 fastest-growing
technology companies in North America. Rankings are based on percentage
revenue growth from 1996 to 2000. During this period, QDesign's revenue
grew by an impressive 1,099 percent, earning it number 424 on the list.
Earlier, QDesign was named to Deloitte & Touche's Fast 50 list of the
fastest-growing technology companies in Canada.
QDesign Corporation announced today that it has been named to Deloitte
& Touche's Fast 500 list, a ranking of the 500 fastest-growing technology
companies in North America. Rankings are based on percentage revenue growth
from 1996 to 2000. During this period, QDesign's revenue grew by an impressive
1,099 percent, earning it number 424 on the list. Earlier, QDesign was
named to Deloitte & Touche's Fast 50 list of the fastest-growing technology
companies in Canada.
"Being one of the 500 fastest growing technology companies in North America
is an impressive accomplishment. We commend QDesign for making the Deloitte
& Touche Technology Fast 500 and applaud its phenomenal 1,099 percent
five-year growth rate," said Mark A. Evans, managing director of Deloitte
& Touche's Technology and Communications Group.
Fast 500 Selection and Qualifications
The Fast 500 list is compiled from three sources: winners of Deloitte
& Touche's 22 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 1996 revenues of at least US$50,000
and CDN$75,000 for the United States and Canada, respectively. Entrants
are public or private companies headquartered in North America and must
be a "technology company," defined as a company that develops proprietary
technology which contributes to a significant portion of the company's
operating revenues, manufactures a technology-related product, or devotes
a high percentage of effort to research and development of technology.
About QDesign
Founded in 1995, QDesign delivers technology solutions that enable the
profitable distribution of digital music. With the release of the world's
first real-time MPEG audio compression software in 1996 and the subsequent
introduction of its own MP3, QDesign Music, and QDX technologies, QDesign
has established itself as a leading provider of the most advanced audio
compression solutions in the broadcast, new media, and Internet delivery
markets. QDX is the next-generation audio technology that enables "self-protecting
content," providing consumers and content owners with an unprecedented
level of flexibility and control over music quality, usability, access,
and delivery. QDesign's headquarters are in Vancouver, British Columbia,
with a sales and support office in Mountain View, California. For more
information on QDesign and its products, please visit www.qdesign.com.
About Deloitte & Touche
Deloitte and Touche, a leading accounting, tax, and consulting firm, creates
powerful business solutions for America and the world. The firm is dedicated
to helping its clients and its people excel. Known as an employer of choice
for innovative human resources programs, Deloitte & Touche has been recognized
as one of the "100 Best Companies to Work For in America" by Fortune magazine
for four consecutive years. Deloitte & Touche is the U.S. national practice
of Deloitte Touche Tohmatsu. Deloitte Touche Tohmatsu is a Swiss Verein,
and each of its national practices is a separate and independent legal
entity. For more information, please visit Deloitte & Touche's web site
at www.us.deloitte.com.
About Deloitte & Touche's Technology & Communications Group
The Technology & Communications Group is composed of service professionals
who have a wealth of experience serving technology and communications
companies throughout the world in areas including Internet, software,
semiconductors, cable, media and publishing, communication utilities,
networking, wireless, computers and peripherals, and related industries.
These specialists understand the challenges that technology and communications
companies face throughout all stages of their business growth cycle and
are committed to helping them succeed. Deloitte & Touche is a leader in
providing strategic, financial, operational, and information technology
assistance to its technology and communications clients. The Deloitte
and Touche press release can be downloaded at www.fast500.com.
Contact:
QDesign Corporation
media@qdesign.com
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