Deloitte & Touche Names Ascent Computing Group One of New York’s 50 Fastest Growing Technology Companies
Profitable Voice Technology and Services Company Advancing New York Technology Industry
White Plains, New York (October 12, 2001) – Ascent Computing Group, an Inc. 500 and Fast 500 company, has once again been named to Deloitte & Touche’s prestigious New York “Fast 50” list, a ranking of the 50 fastest growing technology companies in New York, Westchester and Rockland counties. The rankings are based on the five-year percentage revenue growth from 1996 to 2000. Ascent, the only provider of both voice-based technology software and IT consulting services, has been consistently profitable since its inception in 1994. "It is an honor to be recognized by Deloitte & Touche for our long term profitability and effective business strategy," said Sunil Nikhar, Chairman and CEO of Ascent Computing Group. "By drawing on feedback from our clients, Ascent has developed AscenTel™, a highly effective and intuitive voice enabling solution for the enterprise. This offering assures Ascent of continued near term and long term growth." Ascent’s clients are leading organizations from various industries and include Deutsche Bank, Avon, Cisco, Bristol-Meyers Squibb Company and Duke Energy among others. Ascent recently announced its move into the voice technology industry. The company offers technology to voice-enable business applications running under any operating system using Voice XML enhanced with proprietary Natural Language Processing. With Ascent’s product, AscenTel™, users have the ability to request and receive information verbally from enterprise databases allowing transactions to be conducted over a reliable and secure infrastructure. “Through the Fast 50 program, Deloitte & Touche has been honoring the growth of the New York technology industry for three years,” said Noel Spiegel, managing partner, Deloitte & Touche Technology and Communications Group. “As competition remains tough, Ascent has proven its ability to sustain its business, and we are happy to support their efforts by recognizing their achievements and continued growth.” To qualify for the Deloitte & Touche Fast 50, companies must have had operating revenues of at least $50,000 in 1996 and $1,000,000 in 2000, and must also be a public or private technology company headquartered in New York City, Westchester and Rockland counties. Ascent reported revenues of over 13 million in 2000 and 1.3 million in 1996. Winners of the 22 regional Fast 50 programs in the United States and Canada are automatically entered in the Deloitte & Touche Technology Fast 500 program, which ranks the nation’s fastest growing technology companies. About Ascent Computing Group (www.ascent-inc.com) Ascent Computing Group is the only provider of both voice-based business application software and consulting services. Voice is the simplest way to interact with enterprise data anytime, anyplace from any phone. Ascent uniquely voice-enables all business applications running under any operating system with Voice XML enhanced with natural language processing. Headquartered in White Plains, New York, Ascent has been developing and deploying business solutions for world-class companies since 1994. About Deloitte & Touche Deloitte & Touche LLP, one of the nation’s leading professional services firms, provides assurance and advisory, tax, and management consulting services through nearly 30,000 people in more than 100 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for its innovative human resources programs, Deloitte & Touche has been recognized as one of the “100 Best Companies to Work For in America” by Fortune magazine for four consecutive years. Deloitte & Touche is the US national practice of Deloitte Touche Tohmatsu. Deloitte Touche Tohmatsu is a Swiss Verein, and each of its national practices is a separate and independent legal entity. For more information, please visit Deloitte & Touche’s web site at www.us.deloitte.com. About Deloitte & Touche’s Technology & Communications Group The Technology & Communications Group is composed of service professionals who have a wealth of experience serving technology and communications companies throughout the world in areas including Internet, software, semiconductors, cable, media and publishing, communication utilities, networking, wireless, computers and peripherals, and related industries. These specialists understand the challenges that technology and communications companies face throughout all stages of their business growth cycle and are committed to helping them succeed. Deloitte & Touche is a leader in providing strategic, financial, operational, and information technology assistance to its technology and communications clients. For more information contact:
