|Australia's Protocom Development Systems wins Deloitte Technology Fast 50 award for the 4th year in a row
|Canberra, Tuesday 24 May 2004 - Canberra - based company, Protocom Development Systems has come 11th in the 2004 Deloitte Technology Fast 50 awards, achieving 369% per cent revenue growth over the last three years. In addition, Protocom is one of only three Australian companies to have achieved this recognition for the last four years in a row.
The Deloitte Technology Fast 50 ranks the 50 fastest growing technology companies, public or private, based on percentage revenue growth over three years (2001 to 2003) and includes all related industry sectors:
Communications; Software; Semiconductors, Components and Electronics; Life Sciences; Internet; and Computer Peripherals.
Protocom is an award-winning global leader in password management. The Protocom SecureLogin® Password Management Suite is an integrated solution consisting of enterprise single sign-on, advanced (strong) authentication and self-service password reset. Protocom was founded in 1989, and is a privately held company that has been profitable since incorporation in 1993. Protocom is headquartered in Australia, and has offices in North America, Europe, the United Kingdom, and South Africa.
Jason Hart, Protocom CEO said, "Our significant growth is a result of the strong innovation delivered across our product range. This, together with continued development of strong partnerships for enhanced access to global markets, has enabled us to deliver cost effective security solutions that meet the needs of our customers around the world."
"One of our most successful strategies has been to focus on the elimination of the 'password pain' suffered by large enterprises today." Hart said. "Enterprises are increasingly concerned about security issues, lost employee productivity, and rising maintenance costs in the management of the users of their network", he said. "The Protocom SecureLogin® Password Management Suite eliminates these 'password pains' with little impact on network performance while fully leveraging existing corporate IT infrastructure", he said.
"We expect the growth rate achieved over the last 3 years to continue over the next 12 months."
Deloitte Growth Solutions partner, Ms Julia Bickerstaff, says the growth of Protocom has been astounding.
"Managing growth is challenging for many organisations, but Protocom has achieved exceptional growth during a downturn in the technology sector."
"With the Australian and global tech sector showing more prosperous signs than the last three years, the future is looking even brighter for Protocom."
About Protocom Development Systems Protocom Development Systems? is an award-winning leader in password management. Protocom develops innovative network security solutions for governments and enterprises worldwide. The SecureLogin Password Management Suite consisting of enterprise single sign-on, advanced (strong) authentication and self-service password reset enhances security, lowers administration costs and improves employee productivity. Protocom was founded in 1989, and is a privately held company that has been profitable since incorporation in 1993. Protocom has offices in North America, Europe, the United Kingdom, South Africa, and Australia. For more details visit: www.protocom.com
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Protocom Press Contact
Phil Jacobs Chief Marketing Officer Protocom Development Systems 7 Phipps Close, Deakin ACT 2600. Australia email@example.com Tel: +61 2 6208 4883 Fax: +61 2 6281 7460 Mob: +61 407 453 095 AIM: Protocom Phil http://www.protocom.com