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ProfitLine Recognized as One of San Diego's Fastest Growing Technology Companies

ProfitLine Recognized as One of San Diego's Fastest Growing Technology Companies


Tuesday, August 05, 2003 — ProfitLine Inc., the premier provider of telecom administrative outsourcing, has been named to Deloitte & Touche's "Technology Fast 50" list. This prestigious award, part of a program comprising 20 regions nationwide and nine countries, is bestowed upon the 50 fastest-growing technology companies in San Diego.

ProfitLine qualified for inclusion on the "Technology Fast 50" based on its rapid growth in fiscal year revenues between 1998 and 2002; its having derived a significant portion of its revenue through outsourced solutions leveraging its proprietary technology platform, MyTelcoManager; its commitment of resources to research and development; and its origin in 1992 as a San Diego-based technology company.

"For years, ProfitLine has been a pioneer in the telecom administrative outsourcing industry, and is breaking new ground with our Web application, MyTelcoManager," said Rick Valencia, chief executive officer and president of ProfitLine. "We are creating a whole new way for large enterprises to manage their telecom costs leveraging our outsourced solution. Our rapid growth has allowed us to scale to provide service to the largest companies in the world, and we're honored to have this growth and success recognized by Deloitte & Touche.

"This award is truly a testament to the breakthrough technology we're developing, the way we're revolutionizing the industry through offering a unique blend of outsourced services, and most importantly, the tangible results of the dedication and focus of every single member of the ProfitLine team."

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.

"In today's economy, triple-digit percentage revenue growth is an exceptional accomplishment," said Helen Adams, partner in the Technology, Media & Telecommunications group, Deloitte & Touche. "We commend ProfitLine for making the commitment to technology and delivering on the promise of market longevity. We are proud to honor ProfitLine as a Deloitte & Touche Technology Fast 50 winner."

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.

About ProfitLine
ProfitLine's outsourced solution streamlines telecom administrative functions for Fortune 1000 companies. By combining a best practices approach with intelligent technology, ProfitLine increases telecom savings and reduces administrative hassles. Founded in 1992, ProfitLine is ranked for the second consecutive year on the Inc 500 list as one of America's fastest-growing private companies. For more information about ProfitLine, please visit www.profitline.com or contact Kara Kocal at 858.202.1229 or kkocal@profitline.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 U.S. national proactive 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.

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NOTE: ProfitLine is a registered trademark of ProfitLine, Inc. MyTelcoManager is a trademark of ProfitLine. All other trademarks or registered trademarks belong to their respective owners.





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