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Lexington, Mass., September 27, 2005 — Arbor Networks, a leader in network security, has been named a Rising Star in Deloitte’s Technology Fast 50 program for New England. Since the company was founded over four years ago, Arbor Networks has solidified its market leadership in the network security space, growing revenue by 417 percent over three years.
The Deloitte Rising Star award is a special designation to honor fast-growth technology companies that have been in business just three or four years. The award is part of the New England Technology Fast 50 program, which ranks the 50 fastest growing technology companies headquartered in New England.
“We are honored to be recognized for our strong performance over the past four years,” said Arbor Networks CEO Jack Boyle. “We remain committed to delivering innovative technologies that dramatically improve how our customers secure their networks.”
This year’s New England Technology Fast 50 program is co-presented by Deloitte & Touche LLP, one of the nation’s leading professional services firms, and Wilmer Cutler Pickering Hale and Dorr LLP. It is sponsored by William Gallagher Associates, American Stock Exchange and Mass High Tech.
“The Deloitte New England Technology Fast 50 Rising Star companies have shown the strength, vision and temerity to succeed despite a very challenging technology environment,” said Stephen DiPietro, a partner at Deloitte & Touche LLP and chairman of Deloitte’s New England Technology Fast 50 program. “We applaud the successes of Arbor Networks and acknowledge their place as one of the few to accomplish such a fast growth rate over the past three years.”
To qualify for the Technology Fast 50 Rising Star program, companies must have had operating revenues of at least $50,000 in 2002 and $1,000,000 in 2004, be headquartered in North America, and be a “technology company,” defined as a company that owns proprietary technology 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.
Deloitte’s Technology Fast 50 Rising Star ranking is based on percentage revenue growth over three years (2002–2004). For more information on Deloitte’s Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.
About Arbor Networks
Arbor Networks ensures the security and operational integrity of the world's most critical networks. Arbor's solutions are based on the proven Peakflow® platform, intelligent technology for network-wide data collection, analysis, anomaly detection, and threat mitigation. Arbor's Peakflow provides real-time views of network activity enabling organizations to instantly protect against worms, DDoS attacks, insider misuse, and traffic and routing instability as well as segment and harden networks from future threats. Arbor's Peakflow successfully prevents costly downtime, network cleanup, and loss of customer confidence. Arbor is headquartered in Lexington, MA, with a research and development office in Ann Arbor, MI and overseas headquarters in London and Beijing.
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’s acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names “Deloitte”, “Deloitte & Touche”, “Deloitte Touche Tohmatsu” or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.
PR Contact:
Jennifer Lake
Lois Paul & Partners for Arbor
512-638-5313
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