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VBrick Systems Named One of America's Fastest Growing Technology Companies by Washington Technology
Company achieves outstanding government sales with 124 percent revenue growth

Wallingford, CT – September 20, 2004 –VBrick Systems, Inc., (www.VBrick.com), the premier provider of networked video solutions, has been named to the prestigious Washington Technology Fast 50, a ranking of the 50 fastest growing small businesses by Washington Technology, one of the nation’s leading government technology publications.  Rankings are based on the percentage of growth of government revenues over five years, from 1999–2003.  VBrick Systems placed 8th in the country with compound annual revenue growth of 124 percent.

 

“We are honored to be recognized by Washington Technology as one of the fastest growing government contractors,” said Richard Mavrogeanes, Founder and CTO of VBrick Systems.  “Our customers in the federal, state, and municipal government arenas are benefiting with improved communications, enhanced security and increased productivity, all through the networked video solutions we provide.” 

 

VBrick Systems is a General Services Administration (GSA) contract holder and offers a suite of powerful yet affordable video systems for a wide range of applications, including real-time information distribution, interactive training and distance learning, remote security and surveillance, DVD-quality video-conferencing, telemedicine, and corporate communications. Building on open standards, VBrick Systems award-winning MPEG appliances and the EtherneTV system solutions enable live television to be broadcast across LANs and the Internet to PCs and TVs; Video-on-Demand servers for retrieving and delivering digitally-stored files anywhere an organization’s network goes; and software applications like StreamPlayer that enable every desktop computer connected to the network to be a high-quality video receiver.

 

VBrick’s government customers include: the United States Army, Navy, and Air Force; The White House; US embassies in Central America, Europe, and the Middle East; and many of state departments of transportation including Florida, New York, and Utah.

 

“This year’s Washington Technology Fast 50 List is populated with some remarkable companies and is a testament to each company’s strategic vision and consistent growth over a five year period,” said Steve LeSueur, editor of Washington Technology magazine. 


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