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OpenLink Named One of New York's Fastest Growing Technology Companies in Deloitte's Technology Fast 50 Program
Deloitte Recognizes OpenLink's Increasingly Rapid Growth in Revenue
UNIONDALE, NY, November 4, 2005 /Business Wire/ — OpenLink, a leading provider of energy and financial trading and risk management software solutions, was named one of Deloitte's New York Technology Fast 50. Rankings are based on the percentage of revenue growth over the five years from 2000 to 2004.
The Technology Fast 50 list is compiled of nominations submitted directly to Technology Fast 50 and database research divided by 2000 revenues to determine percentage growth. In order for winners such as OpenLink to qualify, they must meet Deloitte's strict definition of a technology company (a company that owns proprietary technology and 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) plus they have had to operate revenues of at least $50,000 in 2000 and $1,000,000 in 2004 and be headquartered in the state of New York.
Ed Moran, director at Deloitte Services LP, leader of the product innovation group, and chairperson of the New York Technology Fast 50 notes, "Sustaining high revenue growth over five years is an exceptional accomplishment. We commend OpenLink for making the commitment to technology and delivering on the promise of market longevity. We are proud to honor OpenLink as a Deloitte Technology Fast 50 winner."
Coleman Fung, founder and CEO of OpenLink commented, "Receiving Deloitte's New York Technology Fast 50 Award is a testament to the proven commitment we pledge day after day to our clients, one that is based on customer service and dedication. We are honored to accept this award on behalf of all our clients and the OpenLink offices worldwide."
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. Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP. As used in this document, "Deloitte" includes Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, and Deloitte Tax LLP.
About OpenLink
Founded in 1992, OpenLink is a leading provider of energy and financial trading, risk management, and operations software solutions. The company's Next Generation eXtensible (NGX) platform supports the most rigorous business requirements of firms trading in energy, interest rate derivatives, fixed income securities, foreign exchange, money markets, metals, and soft commodities. OpenLink's global client base includes AMP Capital Investors, Austin Energy, Banco de México, Bank of America, Bank for International Settlements, Bank of Canada, Bank of Scotland Treasury PLC, Bridgeline Holdings, Citigroup Global Market, Inc., Deutsche Bank, Edison Mission Marketing & Trading, Enbridge, Mirant, Nexen, Petróleos Mexicanos, Sequent, Shell, Statoil and Vattenfall Europe Trading. Headquartered in Long Island, New York, and with offices in London, Houston, New York City, Berlin, Sydney, and São Paulo, OpenLink employs more than 300 professionals worldwide.
Editorial Contact:
e-mail: Dorianne Landolphi
OpenLink
Marketing Communications Manager
Direct phone: +1 516 394 1115
Fax number: +1 516 394 1197


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