CAMBRIDGE, Mass. -- September 27, 2007 -- Endeca Technologies, Inc., an enterprise information access software company, has been named to Deloitte's prestigious Technology Fast 50 Program for New England, a ranking of the 50 fastest-growing technology, media, telecommunications, and life sciences companies in the area 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 2002 to 2006.
Endeca's CEO Steve Papa credits the company's continued focus on innovation and the broad applicability of its unique technology platform with the company's 2,685% revenue growth from 2002 to 2006. "We've strived to foster an entrepreneurial culture at Endeca and have always sought people who thrive under those conditions," Papa said. "It's this ability to retain the energy and enthusiasm of a start up that set us apart from the competitors and fueled our rapid growth from a specialized challenger into a recognized market leader in a matter of a few short years."
Endeca's increase in revenues of 2,685% from 2002 to 2006 resulted in a No. 7 ranking in the Technology Fast 50 for New England.
"To rank on Deloitte's Technology Fast 50, companies must have phenomenal revenue growth over five years," said Steve DiPietro, partner, Deloitte & Touche LLP, and chair of the New England Technology Fast 50 Program. "Endeca has proven to be one of the fast-growth success stories in New England, and we applaud their dedication to making their vision a reality."
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006, be headquartered in North America, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify.
Companies from 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. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit fast500.com.
The 2007 Technology Fast 50 company ranking is as follows:
| Rank | Company | City, state | 5 year % |
| 1 | iTech US | South Burlington, VT | 39,392% |
| 2 | Vestmark | Wakefield, MA | 11,102% |
| 3 | Litle & Co. | Lowell, MA | 9,821% |
| 4 | Airvana | Chelmsford, MA | 3,628% |
| 5 | SiGe Semiconductor | Methuen, MA | 3,517% |
| 6 | IneoQuest Technologies | Mansfield, MA | 3,400% |
| 7 | Endeca Technologies | Cambridge, MA | 2,685% |
| 8 | Idenix Pharmaceuticals | Cambridge, MA | 1,845% |
| 9 | TheNextRound | Westborough, MA | 1,642% |
| 10 | Bullhorn | Boston, MA | 1,596% |
| 11 | Cubist Pharmaceuticals | Lexington, MA | 1,596% |
| 12 | NitroMed | Lexington, MA | 1,511% |
| 13 | Evergreen Solar | Marlboro, MA | 1,429% |
| 14 | Constant Contact | Waltham, MA | 1,325% |
| 15 | NeuroMetrix | Waltham, MA | 1,208% |
| 16 | iRobot Corporation | Burlington, MA | 1,175% |
| 17 | SoundBite Communications | Burlington, MA | 1,086% |
| 18 | Indevus Pharmaceuticals | Lexington, MA | 1,045% |
| 19 | Compete | Boston, MA | 997% |
| 20 | OpenPages | Waltham, MA | 949% |
| 21 | NameMedia | Waltham, MA | 949% |
| 22 | Dealer.com | Burlington, VT | 948% |
| 23 | Vertical Communications | Cambridge, MA | 815% |
| 24 | VistaPrint | Lexington, MA | 803% |
| 25 | Infoscitex | Waltham, MA | 744% |
| 26 | Network Engines | Canton, MA | 717% |
| 27 | Smarter Living | Boston, MA | 704% |
| 28 | VoiceSignal echnologies | Woburn, MA | 665% |
| 29 | Agiltron | Woburn, MA | 657% |
| 30 | CardioTech International | Wilmington, MA | 595% |
| 31 | Veroxity Technology Partners | Bedford, MA | 574% |
| 32 | Biogen Idec | Cambridge, MA | 564% |
| 33 | IPG Photonics | Oxford, MA | 546% |
| 34 | Capital Fulfillment Group | Hingham, MA | 527% |
| 35 | Data Intensity | Bedford, MA | 514% |
| 36 | Oscient Pharmaceuticals | Waltham, MA | 498% |
| 37 | ImmunoGen | Cambridge, MA | 445% |
| 38 | Clinical Data | Newton, MA | 416% |
| 39 | Sepracor | Marlborough, MA | 401% |
| 40 | Salary.com | Waltham, MA | 399% |
| 41 | Palomar Medical Technologies | Burlington, MA | 398% |
| 42 | OpenAir | Boston, MA | 365% |
| 43 | Virtusa Corporation | Westborough, MA | 361% |
| 44 | Nucryst Pharmaceuticals | Wakefield, MA | 359% |
| 45 | Click Tactics | Waltham, MA | 349% |
| 46 | Ektron | Nashua, NH | 333% |
| 47 | Double-Take Software | Southborough, MA | 325% |
| 48 | Caliper Life Sciences | Hopkinton, MA | 318% |
| 49 | Hittite Microwave | Chelmsford, MA | 317% |
| 50 | Diomed Holdings | Andover, MA | 303% |
About Endeca
Endeca is a next-generation information access company, uniting the ease of search with the analytical power of business intelligence. Combining patented intellectual property, breakthrough science and a deep focus on user experience, the Endeca Information Access Platform helps people find, analyze and understand information in ways never before possible. Leading global organizations like ABN AMRO, Bank of America, Boeing, Cox Newspapers, Dice, The (US) Defense Intelligence Agency, The Home Depot, Hyatt, IBM, John Deere, The Library of Congress, Nike, and Walmart.com rely on Endeca to power business-critical applications that increase revenue, reduce costs and streamline operations.
Headquartered in Cambridge, Mass., USA, Endeca is a private company with worldwide operations. For more information: endeca.com or info@endeca.com.
About Deloitte
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Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.