Cardiff Named One of San Diego's Fastest Growing Technology Companies in Deloitte & Touche Technology Fast 50 Program
Cardiff attributes its 104.7 percent five-year revenue growth rate to increased industry adoption of eForm technology
San Diego, CA - 2003-09-18 - Cardiff Software, a leading global provider of document capture and eForm solutions for the enterprise, today announced that it has been named to Deloitte & Touche's prestigious Technology Fast 50 Program for San Diego, a ranking of the 50 fastest growing technology companies in the area by Deloitte & Touche LLP, one of the nation's leading professional services firms. Rankings are based on the percentage of growth in fiscal year revenues over five years, from 1998-2002.
Cardiff CEO Dennis Clerke credits the company's 104.7 percent five-year revenue growth rate to the increased adoption of eForm technology being driven by the operational and cost efficiencies it delivers for enterprises across multiple industries. "More companies are understanding the real cost savings and operational improvements that can be achieved by implementing eForm technology to streamline the manually-intensive process of creating, routing and approving corporate forms," Clerke said. "We attribute the strong sales of Cardiff's solutions to an embracement of open standards, which allows organizations to achieve even greater efficiencies by integrating with existing back office applications."
Cardiff's 104.7 percent increase in revenues from 1998 to 2002 has led to its most recent Fast 50 Program placement, its fourth in the past six years that Deloitte & Touche has ranked San Diego companies.
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 1998 and $1,000,000 in 2002, must be public or private companies headquartered in North America, and be a "technology company" defined as owning proprietary technology that contributes to a significant portion of the company's operating revenues (using other companies' technology in a unique way does not qualify); and/or devoting a significant proportion of revenues to research and development of technology. This year's San Diego Technology Fast 50 program is co-presented by Deloitte & Touche, Comerica, Cooley Godward, Fleishman-Hillard, Focus Creative, KPBS, Marsh, R.J. Watkins, T Sector, and in association with AeA and BIOCOM.
Winners of the 20 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte & Touche Technology Fast 500 program, which ranks North America's top 500 fastest growing technology companies. More information on the Deloitte & Touche Fast 50 or Fast 500 programs can be found at www.fast500.com.
About Deloitte & Touche
Deloitte & Touche, 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 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 & Touche has been recognized as one of the "100 Best Companies to Work For in America" by Fortune magazine for six consecutive years. Deloitte & Touche refers to Deloitte & Touche LLP and related entities. 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.deloitte.com/us.
About Cardiff Software Inc.
Put Information to Work - Cardiff Software (www.cardiff.com) is a leading provider of document and form-driven business process automation solutions for Global 2000 organizations. The Cardiff family of integrated software products empowers organizations to automate existing business processes using technology to capture, process and respond to strategic business information, thereby improving employee productivity, customer service and profitability. In business since 1991, Cardiff has a global distribution network reaching every continent and more than 20,000 customers worldwide spanning every industry.
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