Named One of North America's
Fastest Growing Technology
Companies for the
Fourth Consecutive Year
For Immediate Release
Rose International Named One of North America's Fastest Growing Technology Companies for the Fourth Consecutive Year
St. Louis-based IT firm attributes 1,231 percent growth to employee dedication and the support of its clients.
ST. LOUIS, November 14, 2001 – Rose International, a leader in information technology consulting, today announced that it has once again been named one of America’s fastest growing technology companies by Deloitte & Touche, which recently released its annual ranking of the Technology Fast 500, a list of the nation’s fastest-growing technology companies. The St. Louis-based IT firm was listed at Number 388, posting a 1,231 percent revenue growth rate from 1996 through 2000.
Himanshu Bhatia, Rose International’s Chief Executive Officer, credits the company’s growth to employee commitment and a faithful client base. She said, “The recognition that Rose continues to receive would not be possible without both dedicated employees and clients, and we are eternally grateful for both.”
“Making the Deloitte & Touche Technology Fast 500 is a testament to a company’s leadership, commitment to technology, and ability to deliver the right solution at the right time,” said Mark A. Evans, managing director, Deloitte & Touche Technology & Communications Group. “With its 1,231 percent five-year growth rate, Rose International has proven that its leadership has the vision and determination to succeed, and we at Deloitte & Touche salute their accomplishments.”
2001 Fast 500 Facts
Of the 500 companies listed, 11 were from Missouri, with nine of those companies headquartered in the St. Louis Metropolitan Area.
The 2001 Technology Fast 500 averaged a five-year revenue growth rate of 6,184 percent.
The total 2000 revenues of this year’s Fast 500 companies were $86.2 billion.
Forty-four percent of the companies on this year’s list are in the “Software” industry, with the “Internet” industry running a distant second at 15 percent.
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 $50,000 USD and $75,000 CD 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 that contributes to a significant portion of the company’s operation revenues, manufactures a technology-related product or devotes a high percentage of effort to the research and development of technology.
About Deloitte & Touche
Deloitte & Touche LLP, one of the nation’s leading professional services firms, provides assurance and advisory, tax, and management consulting services through nearly 30,000 people in more than 100 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for its 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.
About Rose International
Founded in 1993, St. Louis-based Rose International is a leader in providing information technology solutions to corporations and government agencies nationwide. Rose has consistently been recognized as one of the pre-eminent IT consulting firms in the country, and its CEO, Himanshu Bhatia, is considered a leader in the industry. This year, Mrs. Bhatia was named the SBA Small-Business Person of the Year for the State of Missouri and was also recognized with a Working Woman Entrepreneurial Excellence Award. The company has been named to the Technology Fast 50 and 500 for the past four years; the Inc 500 for two consecutive years; and the Working Woman 500 the past two years, among many other honors.