Press Release

  • For Immediate Release
  • 10/6/01

Scientific Software Tools, Inc. Named One of Eastern Pennsylvania's Fastest Growing Companies in Deloitte & Touche "Fast 50" Program

"One of the region's fastest-growing technology companies"

MEDIA, PA October 6, 2001 - Scientific Software Tools, Inc. (SST) has been named to Deloitte & Touche's prestigious "Fast 50" Program for Eastern Pennsylvania, a ranking of the 50 fastest growing technology companies in the area. Rankings are based on a percentage of growth in revenues from 1996-2000 (five-year period).

"To attain a listing on the Fast 50 is no easy feat, and we at Deloitte & Touche congratulate Scientific Software Tools, Inc. for attaining this honor," said Michael Purcell, Partner, Technology & Communications Practice, Deloitte & Touche.

Scientific Software Tools, Inc's increase in revenues of 217% over the five-year period resulted in a 26th ranking overall in the Fast 50 for Eastern Pennsylvania.

To qualify for the Fast 50, companies must have had revenues of at least $50,000, in 1996 and at least $1,000,000 in 2000; must be public or private companies headquartered in eastern Pennsylvania; and be "technology companies" defined as a company that produces technology, manufactures a technology product, is technologically intensive, uses technology in problem solving, or devotes a high percentage of effort to research and development of technology.

Winners of the 21 regional Fast 50 programs in the United States are automatically entered in the Deloitte & Touche Technology Fast 500 program, which ranks the nation's top 500 fastest-growing technology companies. For more information on the Deloitte & Touche Fast 50 or Fast 500 programs, visit the web site at www.fast50.com.

SST is a worldwide leader in software development services. From product conception through product deployment, SST is a leading resource chosen by market leaders looking for premier software solutions. For more information, please visit Scientific Software Tools, Inc.'s web site at www.sstnet.com.

Deloitte & Touche, one of the nation's leading professional services firms, provides assurance and advisory, tax, and management consulting services through 30,000 people in more than 100 U.S. cities. The Firm is dedicated to helping clients and our people excel. Known as an employer of choice for its 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 four consecutive years. Deloitte & Touche is the U.S. 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.us.deloitte.com .

The annual Fast 50 award is sponsored both locally and nationally by the Big Five accounting firm of Deloitte & Touche. The purpose of the Fast 50 competition is to annually recognize the fifty fastest growing technology companies in Eastern Pennsylvania, based on percentage revenue growth over five years. Participants are public and private companies and encompass all industry segments.

In September 2000, the actual ranking of the fifty winners will be announced and SST will be honored along with the other recipients.

Founded in 1988, SST is a worldwide leader in software development services. From product conception through product deployment, SST is a leading resource chosen by market leaders looking for premier software solutions.

For more information contact: Elise Furman, Scientific Software Tools, 1023 East Baltimore Pike, Suite 100, Media, PA 19063.

SST —
The Right Choice