Phacil, Inc., an award-winning, ISO9001:2000 registered government contractor, was ranked #18 on Deloitte’s Fast 50 list of the fastest growing technology companies in the tri-state region of New York, New Jersey and Connecticut. This ranking comes a few weeks after Phacil made their second appearance on Inc. Magazine’s list of the Top 5000 fastest growing, privately owned businesses in the US and ranked #15 on Washington Technology’s Fast 50.
Deloitte’s Technology Fast 50 is a ranking of the 50 fastest growing technology companies based on percentage revenue growth over five years (2003 – 2007). “Deloitte’s New York, New Jersey, Connecticut Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today’s very competitive technology environment,” said Kevin Buckley, Technology Fast 50 Program Director, Deloitte Services LP. “We applaud the successes of Phacil and acknowledge it as one of the very few to accomplish such fast growth over the past five years.”
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2003 and $5,000,000 in 2007, be headquartered in New York, New Jersey, or Connecticut, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues.
Phacil’s CEO, Rafael Collado, credits the company’s growth to unrelenting focus on meeting customers’ needs and continuous improvement throughout the company. “We are thrilled that Deloitte has recognized Phacil as a Fast 50 technology company in the tri-state region, especially given the challenging economic environment of the last year and the institutional hurdles for small businesses working with the federal government.”
Phacil Co-Founder, Sascha Mornell, added, “Our appreciation goes out to our industry partners, government customers and members of Congress who have helped provide guidance with navigating the federal marketplace. We also attribute a large part of our success to the hard work and dedication of employees at Phacil, and thank them for all of their hard work.”
Deloitte honored the Fast 50 companies at the Metropolitan Club in New York City on October 22, 2008.
To view Deloitte’s Technology Fast 50 list in its entirety for the tri-state region, go to http://www.deloitte.com/dtt/article/0,1002,cid%253D230021,00.html
Contact Information:
Arleen Yamayoshi
Phacil, Inc.
(415) 901-1600 (phone)
(415) 366-2900 (fax)
http://www.phacil.com
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