CNSI Named One of Maryland’s Fastest Growing Technology Companies in Deloitte’s Technology Fast 50 Program
October 5, 2006
Categories: Press Releases
ROCKVILLE, MD — CNSI, a fast-growing provider of innovative IT business solutions for government and commercial enterprises, has been named to Deloitte’s prestigious Technology Fast 50 program for Maryland, a ranking of the 50 fastest growing technology, media, telecommunications and life sciences companies in the state by Deloitte & Touche USA LLP, one of the nation’s leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2001-2005.CNSI President B.
ROCKVILLE, MD — CNSI, a fast-growing provider of innovative IT business solutions for government and commercial enterprises, has been named to Deloitte’s prestigious Technology Fast 50 program for Maryland, a ranking of the 50 fastest growing technology, media, telecommunications and life sciences companies in the state by Deloitte & Touche USA LLP, one of the nation’s leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2001-2005.CNSI President B. Chatterjee credits the company’s ability to win repeat business and earn customer loyalty to its 203 percent revenue growth from 2001-2005. Chatterjee said, “We are proud to be honored by Deloitte & Touche as one of the fastest growing companies in Maryland. CNSI continues to grow by consistently solving our customers’ business and IT problems and developing innovative solutions that deliver real business value. As a result, we have become a trusted technology partner to our customers and continue to be recognized by esteemed organizations like Deloitte.” CNSI’s increase in revenues of 203 percent from 2001 to 2005 resulted in a 26 ranking in the Technology Fast 50 for Maryland.
The average increase in revenues among companies that made that Technology Fast 50 for the region was 663 percent.”Deloitte’s Maryland Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today’s very competitive technology environment, ” said Andrew Harrs, Deloitte’s Southeast regional managing partner for the Technology, Media and Telecommunications Industry Practice. “We applaud the successes of CNSI and acknowledge it as one of the very few to accomplish such a fast growth rate over the past five years.”The Maryland Technology Fast 50 program is presented by Deloitte and sponsored by Wilmer Cutler Pickering Hale and Door, NASDAQ and UK Trade & investment, in association with media sponsors PR Newswire and Washington SmartCEO magazine.To qualify for the Technology Fast 50, companies must has operating revenues of at least $50, 000 in 2001 and $5, 000, 000 in 2005, be headquartered in North America, and be a company that owns proprietary technology or proprietary intellectual property that contributed to a significant portion of the company’s operating revenues; or devotes a signification proportion of revenues to the research and development of technology. Winners of the 16 regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte’s Technology Fast 500 program, which ranks North America’s top 500 fastest growing technology, media, telecommunications and life sciences companies.
Founded in April 1994, CNSI is a premier provider of IT business solutions for government and commercial enterprises. Based in Rockville, Maryland, CNSI delivers technology and resource expertise that improve the efficiency and productivity of IT systems.Focused on supporting clients that ensure the safety, health, and efficiency of the nation, CNSI serves customers such as the Department of Homeland Security, Federal Aviation Administration, Department of Energy, and several state Medicaid agencies. Over the last 10 years, CNSI has earned top industry honors and regular inclusion in the Inc. 500, VAR Business 500, and the Techway Fast 50 lists for consistently high revenue growth. For more info, please visit www.cns-inc.com.About DeloitteDeloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any member 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. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.Deloitte & Touche USA LLP is the U.S. member firm of Deloitte Touche Tohmatsu. In the U.S., services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Tax LLP, and their subsidiaries), and not by Deloitte & Touche USA LLP.