Wallingford, CT – October 20, 2004 – VBrick Systems, Inc., the leader in affordable video over IP network solutions, today announced that it ranked Number 148 in the 2004 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on the percentage revenue growth, over the past five years, from 1999–2003. VBrick Systems grew 1508 percent during this period. In its category, communications/networking companies, VBrick finished in the top 25 in North America.
Fred Geyer, CEO of VBrick Systems, credits the phenomenal growth to the increasing importance of video as a communications tool and to the quality of the employees and products. “Video has always been a mission critical communications tool, but burdened by the cost and complexity of earlier technologies its use has been restricted. With these restrictions now removed, the use of video has dramatically expanded throughout corporations, schools and the government.” said Geyer. “VBrick has innovated complete systems solutions with an unrelenting focus on providing the customers a simple, reliable, dependable communications tool.” VBrick, an ISO 9001 company, has been providing video solutions to corporations such as Morgan Stanley, educational institutions such as New York City schools, and government agencies such as the US Air Force, since its’ founding in 1998 by IP-video pioneer Richard Mavrogeanes.
VBrick Systems offers a suite of powerful yet affordable video networking solutions for use across a wide range of applications including live, real-time information distribution, interactive training and distance learning, video on demand, remote security and surveillance, DVD-quality video conferencing and telemedicine. Building on open video and network standards, VBrick Systems offers a complete turnkey solution: EtherneTV for sending live and stored events across LANs, WANs and the Internet to PCs and TVs, as well as, award winning video appliances.
“Making the Deloitte Technology Fast 500 is a testament to a company’s commitment to technology,” said Mark A. Evans, national managing partner of Deloitte’s Technology, Media & Telecommunications Group. “With its 1508 percentage growth rate over five years, VBrick Systems has proven that its leadership has the vision and determination to grow in difficult conditions.”