Back to 2003 Press Releases
ISWest Ranked 478th Fastest
Growing Technology Company in North America. ISWest attributes
its 502 percent revenue growth to old school business values
October 28, 2003 – AGOURA HILLS, CA – ISWest announced
today that it ranked Number 478 on the 2003 Deloitte Technology
Fast 500, a ranking of the 500 fastest growing technology companies
in North America. Rankings are based on average percentage revenue
growth over five years, from 1998 to 2002. ISWest grew 502 percent
during that period.
ISWest vice president Drew Kaplan credits old school business practices
in a modern day technology company to the company’s 502 percent
growth over the past five years. Kaplan also attributes his company’s
growth to customer word of mouth and past ISP acquisitions.
"ISWest is a sound business model and offers truly the best
customer support in the Internet industry," Kaplan said.
Growing the top line enough to make the Deloitte Technology Fast
500 is especially meaningful during tough economic times for the
technology sector, said Mark Evans, national managing partner of
Deloitte’s Technology, Media & Telecommunications Group.
"We congratulate ISWest on becoming one of the 500 fastest
growing technology companies in North America," Evans said.
"Achieving sustained revenue growth of 502 percent over five
years is a tremendous accomplishment during a difficult time period
for the technology sector."
In addition to ranking on the Deloitte Technology Fast 500, ISWest
ranked 18th on the Los Angeles Technology Fast 50, which is a ranking
of the 50 fastest growing technology firms in Los Angeles.
Overall, companies that ranked on the 2003 Technology Fast 500 had
growth rates ranging from 469 to 296,080 percent over five years,
with an average growth rate of 5,493 percent.
The Fast 500 list is complied from Deloitte’s 20 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 1998 operating revenues
of at least $50,000 USD and $75,000 CD for the United States and
Canada.
About the company:
ISWest is the 4th largest provider of business-class broadband connectivity
and server co-location services to a variety of businesses, according
to a 2002 list published in the Los Angeles Business Journal. The
ISWest broadband network supports thousands of customers and serves
more than 150 major metropolitan areas across the United States.
The company’s success is built on the founders’ commitment
to deliver the best customer care in the Internet industry.
For more information call Drew Kaplan at ISWest, 818-735-3000. To
find out more about ISWest, go on-line at www.iswest.com |