S.P.I. Dynamics, Inc. (http://www.spidynamics.com), the leading provider of Web application security testing software and services, today announced that the company ranked Number 83 on Deloitte's 2006 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage revenue growth over five years, from 2001-2005. SPI Dynamics grew 2,789 percent during this period.
"Placing for the second consecutive year in the Deloitte's Technology Fast 500 is an honor and highlights SPI Dynamics' commitment to leadership and innovation in Web application security and secure code development. The considerable talent that we employ, and our focus and commitment to our more than 850 customers, are the keys to our ongoing success," said Brian Cohen, president and CEO, SPI Dynamics. "Most importantly, we are passionate about our business and the software we produce because we know we can make a difference, and our growth is a strong indication of our focus and commitment."
"Sustaining high revenue growth over five years is an exceptional accomplishment. We commend SPI Dynamics for making the commitment to technology and delivering on the promise of market longevity," said Tony Kern, deputy managing principal of Deloitte's Technology, Media & Telecommunications industry practice. "We are proud to honor SPI Dynamics ranking on the Deloitte Technology Fast 500 list."
Overall, companies that ranked on the 2006 Technology Fast 500 had growth rates ranging from 209 to 48,948 percent over five years, with an average growth rate of 2,145 percent.
In addition to ranking on Deloitte's Technology Fast 500, SPI Dynamics also recently announced the company ranked fourth on the Georgia Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in the State of Georgia.
Fast 500 Selection and Qualifying Criteria
The Fast 500 ranks the fastest growing technology, media, telecommunications and life sciences companies in North America. It is compiled from Deloitte's 16 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. Companies are selected based on percentage revenue growth from 2001 to 2005. Entrants must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues or devote a significant proportion of revenues to research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify. Base-year operating revenues must be at least $50,000 USD or $75,000 CD, and current-year operating revenues must be at least $5 million USD or CD. Companies must be in business a minimum of five years, and they must be headquartered within North America.
Customers continue to benefit from SPI Dynamics' complete approach to providing Web application security solutions for all key phases of the application development lifecycle, including products that integrate directly into popular developer environments (Java and .NET), quality assurance environments (Mercury and Rational), and products for the security professional. As a pioneer in the Web application security space, SPI Dynamics continues to bring industry changing assessment technology to the market such as Hybrid Analysis(TM) -- the combination of source code analysis and black box testing -- and Intelligent Engines(TM) -- a sophisticated approach to analyzing the conditions in an application and then using that knowledge to customize attacks based on what is learned about the Web application's behavior. These innovative solutions help customers pinpoint true vulnerabilities with unmatched accuracy and precision and dramatically reduce false positives, saving significant time and expense unseen by other Web application security products.
For more information on SPI Dynamics or the company's products and services for securing Web applications throughout the development lifecycle, please contact SPI Dynamics at (866) 774-2700 or info@spidynamics.com.
About S.P.I. Dynamics Incorporated
Start Secure. Stay Secure.(R)
Security Assurance Throughout the Application Lifecycle
SPI Dynamics delivers a comprehensive suite of products and services (http://www.spidynamics.com/products/index.html) that help to identify and remediate Web application and Web services security vulnerabilities found at key stages throughout the Web application lifecycle. SPI Dynamics solutions enable security professionals, QA testers, and developers to work together to assess, analyze, and remediate Web applications and Web services for security vulnerabilities, and verify compliance with over 20 security policies like SOX, HIPAA and PCI. The Company's unique approach utilizing patent-pending Intelligent Engines technology combined with the largest Web application security vulnerability knowledgebase in the industry delivers unparalleled speed and accuracy. SPI Dynamics' research and development team, SPI Labs, is widely recognized as one of the world's leading authorities on Web application security and risk management. The Company has over 850 customers among Global 2000 enterprises, including over 90 U.S. Federal accounts, and has strategic partnerships with Microsoft, IBM, Mercury, CSC and Visa with Visa investing in the Company in 2005. SPI Dynamics is privately held with headquarters in Atlanta, Georgia. For more information on Web application security, visit http://www.spidynamics.com or call (866) 774-2700.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates. Deloitte Touche Tohmatsu is an organization of member firms around the world devoted to excellence in providing professional services and advice, focused on client service through a global strategy executed locally in nearly 150 countries. With access to the deep intellectual capital of approximately 135,000 people worldwide, Deloitte delivers services in four professional areas -- audit, tax, consulting and financial advisory services -- and serves more than one-half of the world's largest companies, as well as large national enterprises, public institutions, locally important clients, and successful, fast-growing global growth companies. Services are not provided by the Deloitte Touche Tohmatsu Verein, and, for regulatory and other reasons, certain member firms do not provide services in all four professional areas.
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Start Secure. Stay Secure. is a registered trademark, and Hybrid Analysis and Intelligent Engines are trademarks of S.P.I. Dynamics, Inc. Product or service names mentioned herein are the trademarks of their respective owners.