PRESS RELEASE: Topaz Wins 3rd Consecutive Deloitte Technology Fast 50 Award
Director of Marketing
Simi Valley, CA - August 2, 2004 - Electronic signature technology manufacturer Topaz Systems, Inc will be named to Deloitte’s prestigious Technology Fast 50 Program for Los Angeles, a ranking of the 50 fastest growing technology companies in the area by Deloitte & Touche LLP, one of the nation’s leading professional services firms. Scheduled to be announced September 21, the 2004 Technology Fast 50 rankings are based on the percentage of growth in fiscal year revenues over five years, from 1999-2003. Topaz® also received the prestigious award in 2002 and 2003.
Topaz CEO Anthony Zank credits product versatility and security, coupled with the emergence of electronic commerce as a mainstream business practice, for his company’s success.
“The electronic creation, signing, transmission, and storage of business documents has become a core process throughout many business sectors worldwide,” said Zank. “As more businesses incorporate e-commerce into their infrastructure, they turn to Topaz electronic signature technology as an industry leader in quality, versatility, and security. The result is a high level of sustained growth, as this is Topaz’s third consecutive year in the Deloitte Technology Fast 50.”
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 1999 and $1,000,000 in 2003, must be public or private companies headquartered in North America, and be a “technology company” defined as owning proprietary technology that contributes a significant portion of the company’s operating revenues (using other companies’ technology in a unique way does not qualify); and/or devoting a significant portion of revenues to research and development of technology.
Topaz Systems is a leading developer and manufacturer of electronic signature software and hardware, and has been based in Simi Valley, California since 1995. Topaz provides all the hardware, software, intellectual property and expertise to enable paperless document creation, signing, and authentication of electronic forms with digital handwritten signatures. Topaz has developed an extensive eSign patent portfolio, and is the recipient of multiple industry awards including being a multiple consecutive winner of the Deloitte Technology Fast 50 and Fast 500, along with Inc 500 and 5000 awards for outstanding growth.