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OpenLink Ranks Fourth on the 2003 Long Island Technology Fast 50 List
Deloitte Award Recognizes the Company's Track Record of Growth
MITCHEL FIELD, NY, October 17, 2003 — OpenLink, an industry leader in trading and risk management software solutions, has been named to one of the top slots in Deloitte's 2003 Long Island Technology Fast 50 ranking. The company also placed 421 on the firm's North America Technology Fast 500 listing.
OpenLink's 2003 ranking, up from fifth in 2002, was based on its 587.93 percent revenue growth from 1998 - 2002. Deloitte announced the winners at the 7th Annual Long Island Technology Fast 50 Awards ceremony on October 16, 2003. The Fast 50 program identifies and recognizes the fastest growing public and private companies in various industries and regions within the United States and Canada, as well as in nine additional countries and international regions.
To qualify for the Long Island Technology Fast 50, companies must be headquartered in Long Island, New York; be in business a minimum of five years; have base-year (1998) operating revenues of at least $50,000 and 2002 operating revenues of at least $1 million; and be a developer of proprietary technology that contributes to a significant portion of the company's operating revenues.
"Receiving Deloitte's Long Island Technology Fast 50 Award two years in a row is the result of a dedication to customer service that our employees throughout all of our offices continually demonstrate," said Coleman Fung, founder and CEO of OpenLink. "It is their hard work and tenacity that has allowed us to remain competitive in spite of the recent economic obstacles. We are truly honored to accept this industry recognition."
About Deloitte
Deloitte, one of the nation's leading professional services firms, provides audit, tax, financial advisory services and consulting through nearly 30,000 people in more than 80 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for innovative human resources programs, Deloitte has been recognized as one of the "100 Best Companies to Work For in America" by Fortune magazine for six consecutive years. "Deloitte" refers to Deloitte & Touche LLP and affiliated entities. Deloitte is the US member firm of Deloitte Touche Tohmatsu. Deloitte Touche Tohmatsu is a Swiss Verein (association), and, as such, 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 name "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu" or other related names. The services described herein are provided by the US member firm and not by the Deloitte Touche Tohmatsu Verein.
About OpenLink
Founded in 1992, OpenLink is a leading provider of trading, risk management, and operations software solutions. The company's Adaptive, Dynamic, and Integration-enabling (ADI) Framework-based solutions support 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 Banco de Mexico, Bank of America, Bank for International Settlements, Bank of Canada, Bank of Scotland Treasury PLC, Bridgeline Holdings, Deutsche Bank, Edison International, Enbridge, Mirant, Nexen, Shell, and Vattenfall Europe Trading. Headquartered in Long Island, New York, and with offices in London, Houston, New York City, Berlin, Sydney, São Paulo, and Tokyo, OpenLink employs more than 270 professionals worldwide.
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