TACT® Named to Deloitte & Touche's Fast 50 for Second Consecutive Year
Sponsored by Deloitte & Touche, the Fast 50 recognizes the top 50 fastest growing technology companies in the New York area, based on percentage revenue growth over a five-year period. TACT has had a compound annual growth rate of about 50% for the last five years.
"We're honored to receive this prestigious recognition from Deloitte & Touche two years in a row," said Shmuel BenTov, Chairman of the Board, CEO, and President of TACT. "TACT is committed to providing Fortune 1000 clients with end-to-end eSolutions. Our solutions and client engagements grow along with our clients."
The New York Technology Fast 50 is one of 21 regional U.S. Fast 50 programs sponsored by Deloitte & Touche. The Fast 50 annually recognizes the fifty fastest growing companies in New York, identifying those companies that shape today's technology industry in a variety of segments, including biotechnology, semiconductors, Internet, software, and communications. For additional information on the New York Technology Fast 50 program, visit http://www.fast50.com
About TACT
TACT is an end-to-end eServices provider including web strategy and design, web development and integration, and web application hosting to a broad range of Fortune 1000 companies and other large organizations. In addition, TACT provides its clients with enterprise-wide Information Technology consulting, software and training services and solutions. TACT is a majority owner of T3 Media, Inc. www.t3media.com, an e-business web integrator, holds a minority interest in Always-On, Inc. www.always-on.com, and is the parent of American Catalyst, LLC www.americancatalyst.com. More information about TACT® can be found at its web site at www.tact.com. TACT is traded on the Nasdaq under the symbol TACX.
"Safe Harbor" Statements under the Private Securities Litigation Reform Act of 1995: Statements made in this press release which are not historical facts, including those that refer to TACT plans, beliefs and intentions, are "forward-looking statements" that involve risks and uncertainties. These risks and uncertainties could cause actual results to differ materially from the forward-looking statements, and include, but are not limited to, TACT's ability to scale its existing and any new businesses. For a more complete description of the risks that apply to TACT's business, please refer to the Company's filings with the Securities and Exchange Commission. The Company's actual results may differ materially from the results anticipated in these forward-looking statements as a result of certain factors set forth under Risk Factors and elsewhere in the Company's Annual Report on Form 10-K with the Securities and Exchange Commission on March 31, 1999.
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