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Incentra Solutions Ranked 55 of Fastest Growing Companies in North America on Deloitte Technology Fast 500October 24, 2006 Boulder, CO, October 24, 2006 – Incentra Solutions, Inc. (OTCBB: ICNS), a provider of complete IT and storage management solutions to enterprises and managed service providers in North America and Europe, today announced it ranked number 55 on Deloitte’s 2006 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. The ranking is based on percentage revenue growth over five years, from 2001–2005. Incentra Solutions grew 4,390 percent during this period. As part of the Deloitte Technology rankings Incentra Solutions also ranked number 2 in the 2006 Colorado Technology Fast 50. “Sophisticated technology is becoming the norm and is in almost everything in the 21st century,” said Tony Kern, deputy managing principal of Deloitte’s Technology, Media & Telecommunications industry practice. “Incentra Solutions has developed technology solutions that deliver in today’s highly competitive world, and we applaud its efforts, ingenuity and teamwork in becoming one of the fastest growing technology companies in North America.”
“One of the keys to our success has been to consistently deliver a compelling value proposition to mid-tier customers,” said Thomas Sweeney, CEO and chairman, Incentra Solutions. “Our solutions have delivered increased performance and operational efficiencies to our customers in the US and Europe. With the recent acquisitions we have made, we’ve significantly increased our geographic coverage and the depth and breadth of our solutions. Incentra is positioned for growth by continuing to deliver compelling services and solutions to the mid-tier enterprise market.”
Overall, companies that ranked on the 2006 Technology Fast 500 had growth rates ranging from 210 to 48,948 percent over five years, with an average growth rate of 2,147 percent. 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.
About Incentra Solutions, Inc. Incentra Solutions, Inc. (www.incentrasolutions.com) (OTCBB:ICNS) is a provider of complete IT & storage management solutions to enterprises and managed service providers in North America and Europe. Incentra’s complete solution includes managed services, professional services, hardware and software products with the Company’s First Call and Enhanced First Call support services, IT outsourcing solutions and financing options.
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.
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.
In the United States, Deloitte & Touche USA LLP is the member firm of Deloitte Touche Tohmatsu, and 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. The subsidiaries of the U.S. member firm are among the nation's leading professional services firms, providing audit, tax, consulting, and financial advisory services through nearly 40,000 people in more than 90 cities. Known as an employer of choice for innovative human resources programs, it is dedicated to helping their clients and their people excel. For more information, please visit the U.S. member firm’s Web site at www.deloitte.com/us.
Contacts: Investor: Allen & Caron, Inc. Jill Bertotti jill@allencaron.com
Media: Ignite Public Relations Kathleen Bermea-Sullivan kathleen@igniteconsulting.com 303-439-9365
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