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2005-09-19

BroadSpire Repeats as a Member of 2005 Deloitte & Touche 'Fast 50'



LOS ANGELES, Sept 19, 2005 /PRNewswire via COMTEX/ -- BroadSpire (www.broadspire.com), a leading managed IT services provider, today announced that it has been named the 35th fastest growing technology company in Los Angeles by Deloitte & Touche's prestigious 2005 Technology Fast 50 program.

BroadSpire has been included in the Deloitte Fast 50 for the past three years. Rankings are based on the growth in fiscal year revenues over five years.

Suresh Srinivasan, BroadSpire president and co-founder, attributed the company's sustained growth to a combination of proven technology and exceptional customer service. BroadSpire provides business-critical managed Web and application hosting services that enable organizations to improve their overall efficiency, lower costs, and secure their critical business processes online.

"Being named to the Fast 50 program for the third year in a row is incredible," said Srinivasan. "Our ranking confirms that our customized solutions, competitive pricing, significant R&D investments and dedication to customer service help BroadSpire improve market share."

"Deloitte's Los Angeles Technology Fast 50 companies have shown the strength, vision, and temerity to succeed in today's very competitive technology environment," said Tim Lovoy, partner, Technology, Media & Telecommunications, Deloitte & Touche LLP. "Deloitte salutes BroadSpire's accomplishments."

To qualify for the Technology Fast 50, it is necessary to be a "technology company," defined as owning proprietary technology that contributes to a significant portion of the company's operating revenues; and/or devoting a significant proportion of revenues to research and development of technology.

About Deloitte & Touche

Deloitte is one of the nation's leading professional services firms. "Deloitte" refers to the associated partnerships of Deloitte & Touche USA LLP (Deloitte & Touche LLP and Deloitte Consulting LLP) and subsidiaries. For more information on the Deloitte & Touche Technology Fast 50 programs, visit www.fast500.com .

About BroadSpire

Founded in 1996, BroadSpire (www.broadspire.com) is a leading managed IT services provider, headquartered in Los Angeles, Calif. In delivering outsourced IT, data center outsourcing and fully managed Web hosting services, BroadSpire maintains a strict focus on customer service that has enabled the company to become a best-of-breed provider both in its service offerings and in its customer care. BroadSpire has earned the trust of more than 2,000 companies worldwide, including BP Amoco, NBC, Yale University, and Sheraton Hotels & Resorts.

SOURCE BroadSpire




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