News

Netkey named to Deloitte Technology Fast 50 Program

October 21, 2004

BRANFORD, Conn. - Netkey, Inc. has been named to Deloitte's Technology Fast 50 Program for Connecticut, a ranking of the 50 fastest growing technology companies in the area by Deloitte & Touche LLP. Rankings are based on the percentage of growth in fiscal year revenues over five years, from 1999-2003, according to a press release. 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.

"This award recognizes the efforts of Netkey's dedicated employees, the commitment of our investors, and the support we have received from customers who have selected the Netkey software platform to improve the efficiencies of their retail operations," said V. Miller Newton, CEO of Netkey. "We expect to see continued market adoption of Netkey as the standard operating platform for the secure control and central management of all in-store technologies."