edocs, Inc. Named One of New England's Fastest Growing Technology Companies in 2004 Deloitte Technology Fast 50 Program
Company Honored for 3rd Consecutive Year
NATICK, Mass.--(BUSINESS WIRE)--Aug. 16, 2004--edocs, Inc. (http://www.edocs.com/), a provider of e-billing and customer self-service software solutions, has been named to Deloitte's prestigious Technology Fast 50 Program for New England, a ranking of the 50 fastest growing technology companies in the area by Deloitte & Touche LLP, one of the nation's leading professional services firms. edocs' ranking among the 50 New England companies will be announced at a private event at the Museum of Fine Arts on September 15. Deloitte Technology Fast 50 rankings are based on the percentage of growth in fiscal year revenues over five years, from 1999-2003. This is the third consecutive year that edocs has been named to the New England Fast 50.
edocs' President and CEO, Kevin Laracey, credits the company's fast growth and success to its focus on delivering a strong return on investment for its customers. "Our success derives from our customers'. edocs focuses a lot of energy on making sure our customers are getting results with our solutions and that their return on investment is crystal clear to everyone in the organization. Even in a challenging economic environment, companies that deliver strong business results will continue to prosper."
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 1999 and $1,000,000 in 2003, must be public or private companies headquartered in North America, and be a "technology company" defined as owning proprietary technology that contributes to a significant portion of the company's operating revenues (using other companies' technology in a unique way does not qualify); and/or devoting a significant proportion of revenues to research and development of technology.
The New England Technology Fast 50 Program is co-sponsored by Wilmer Cutler Pickering Hale and Dorr, and is supported by Mazonson, the American Stock Exchange and Mass High Tech.
Winners of the 19 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte Technology Fast 500 program, which ranks North America's top 500 fastest growing technology companies. For more information on the Deloitte Fast 50 or Fast 500 programs, visit www.fast500.com.
"In an era where technology companies come and go, making the Deloitte Fast 50 is a testament to a company's vision," said Stephen DiPietro, Deloitte partner responsible for the New England Technology Fast 50 Program. "edocs' leadership has the right stuff for growth, and Deloitte salutes their accomplishments."
About edocs
edocs is the leading provider of customer self-service and e-billing software for Global 2000 businesses. Its solutions improve the quality of customer care, reduce support costs and deepen relationships with business and consumer customers. edocs' product suite integrates e-billing and payment, e-service and advanced self-care technologies and offers a comprehensive platform for all customer service issues. This enables companies to move customer service interactions from expensive paper and call center-based channels to lower-cost and more convenient self- and assisted-service channels like the web, e-mail and IVR. edocs' products and services are used by some of the world's leading organizations in communications, energy, financial services, government, healthcare, manufacturing/distribution and retail. Customers include BT (British Telecom), Fannie Mae, Fleet Bank, GE Consumer Finance, Harvard Pilgrim Health Care, Humana, Target, Telstra, Toyota Financial Services, TXU Energy and Verizon Wireless. Founded in 1997, edocs is headquartered in Natick, Massachusetts and has operations in Asia, Australia, Europe and Latin America. For more information call (508) 652-8628 or visit www.edocs.com.
About Deloitte
Deloitte, one of the nation's leading professional services firms, provides audit, tax, financial advisory services and consulting through nearly 30,000 people in more than 80 U.S. cities. Known as an employer of choice for innovative human resources programs, the firm is dedicated to helping its clients and its people excel. "Deloitte" refers to the associated partnerships of Deloitte & Touche USA LLP (Deloitte & Touche LLP and Deloitte Consulting LLP) and subsidiaries. Deloitte is the US member firm of Deloitte Touche Tohmatsu. For more information, please visit Deloitte's web site at www.deloitte.com/us.
Deloitte Touche Tohmatsu is an organization of member firms devoted to excellence in providing professional services and advice. We are focused on client service through a global strategy executed locally in nearly 150 countries. With access to the deep intellectual capital of 120,000 people worldwide, our member firms, including their affiliates, deliver services in four professional areas: audit, tax, financial advisory services and consulting. Our member firms serve more than one-half of the world's largest companies, as well as large national enterprises, public institutions, locally important clients, and successful, fast-growing global growth companies.
Deloitte Touche Tohmatsu is a Swiss Verein (association), and, as such, 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. The services described herein are provided by the member firms and not by the Deloitte Touche Tohmatsu Verein. For regulatory and other reasons certain member firms do not provide services in all four professional areas listed above.
Contacts
edocs, Inc.
Tim Walsh, 508-652-8628
twalsh@edocs.com
or
InterActive PR
Dan Mees, 617-897-8289
dan_mees@ipri.com
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