For the third consecutive year, Tenrox 's8212; the leading provider of workflow-driven Project Workforce Management Solutions 's8212; has been named to Deloitte's8217;s prestigious
Technology Fast 50 Program for Los Angeles. Deloitte's8217;s list is 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's8217;s leading professional services organizations. Tenrox has ranked 40th based on the company's8217;s 59% revenue growth over five
years from 2001's8211;2005.
's8220;To rank on Deloitte's8217;s Technology Fast 50, companies must have phenomenal revenue growth over five years,'s8221; said Tony Buzzelli, Regional Managing Partner, Deloitte &
Touche LLP in Los Angeles. 's8220;For the third year running, Tenrox continues to be one of the fast-growth success stories in Los Angeles, and we applaud their dedication to making their
vision a reality.'s8221;
's8220;We's8217;re proud of ranking in the Deloitte Fast 50,'s8221; said Rudolf Melik, CEO, Tenrox. 's8220;We work very hard for our customers and are intensely focused on offering an
innovative and intuitive project workforce management solution that provides our customers with a business critical system they can depend on. Customer satisfaction and growth drive all
decisions and priorities at Tenrox. If customers are happy and the company is growing then everything else's8212;happy employees, cash flow and profits's8212;just follows
naturally.'s8221;
To qualify for the Technology Fast 50, companies must have had 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 contributes to a significant portion of the company's8217;s operating revenues; or devotes a significant
proportion of revenues to the research and development of technology. Using other companies's8217; technology or intellectual property in a unique way does not qualify.
Winners of the 16 regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte's8217;s Technology Fast 500 program, which ranks North
America's8217;s top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte's8217;s Technology Fast 50 or Technology Fast
500 programs, visit www.fast500.com.
This year's8217;s Los Angeles Technology Fast 50 program is co-presented by Deloitte & Touche USA LLP and Porsche Motorsport, Continental Airlines, Comerica, Marsh, Stradling Yocca
Carlson & Rauth, Cresa Partners and Merrill Corporation, in association with the Technology Council of Southern California.
About Deloitte
Deloitte 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 of its member firms has any liability for each other's8217;s acts or omissions. Each of the member firms is a separate and independent legal entity
operating under the names 's8220;Deloitte's8221;, 's8220;Deloitte & Touche's8221;, 's8220;Deloitte Touche Tohmatsu's8221; 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 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.
About Tenrox
Tenrox makes it possible to manage today's8217;s decentralized project workforce in real-time.
Its modular solution combines project/workforce management and financials, to replace the spreadsheets and internally developed systems companies currently use for cost and revenue
planning, tracking and management reporting.
The Tenrox system, available on-demand or on-premise, is based on a unique graphical workflow engine, which makes it simple to configure and change. Integration with leading financial
systems is built-in. Tenrox empowers the project workforce locally and provides total visibility globally.
Since 1995, Tenrox has served over 800 organizations in 50 countries including Blue Cross Blue Shield, Caterpillar, Corning Cable Systems, Fireman's8217;s Fund Insurance, Wilmington
Trust, First National Bank, Hydro Quebec, Invensys, Major Drilling, Pioneer Natural Resources, State of Wyoming, The Pentagon, University of Michigan, Fisher Scientific, Merck, and Wyeth.
Tenrox software is available through direct sales channels and a network of worldwide resellers and partners.
For more information, visit www.tenrox.com, call (626) 796-6640.
For more information, press only:
Tenrox Media Contact
Marlene Kovac
Verrecchia Group Communications
Tel: (514) 421-1940 Ext. 148