News

ePOINT recognized on Scottish technology list

March 7, 2002

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ALLOA, Scotland - Rapid growth over the past three years as earned retail kiosk designer ePOINT Ltd. second place in this year's Deloitte & Touche Technology Fast 50, a list of the fastest-growing technology companies in Scotland.

ePOINT was cited for experiencing growth of 3,628 percent over the past three years. The professional services firm named IT services company Sourcing Partnerships Ltd., with growth of 7,683 percent, at the top of the list.

Donny McDonald, ePOINT founder and chief technical officer, said the company's commitment to entering new sectors such as digital photo kiosks, has created opportunities for rapid growth.

"We have won an early share in key emerging markets such as digital photo processing because we understand the way consumers have traditionally accessed services, but with the power of the Internet and interactive technology we have transformed the scope of these services," McDonald said in a news release.

Company officials said ePOINT's revenue is expected to continue growing and is estimated to double from about $7.5 million to about $15 million during fiscal year 2002.