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VBrick Systems Ranked Eighth Fastest Growing Company in Connecticut
VBrick’s explosive growth recognized with prestigious Deloitte Technology Fast 50 award; company garners award three straight years

Wallingford, CT – October 26, 2004 – VBrick Systems, Inc., the leader in affordable video over IP network solutions, today announced that it ranked eighth in the 2004 Deloitte Technology Fast 50 Program for Connecticut, a ranking of the State’s 50 fastest growing technology companies throughout the State.  VBrick Systems’ massive 1508 percent growth over the past five years, from 1999–2003, has earned the company recognition for a third consecutive year.  VBrick also placed at 148 in the 2004 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America.

 

“In today’s economy, 1500 percent revenue growth is an exceptional accomplishment,” said David Carver, Partner, Deloitte’s Technology, Media & Telecommunications practice in Connecticut.  “We commend VBrick Systems for making the commitment to technology and delivering on the promise of market longevity.  We are proud to honor VBrick Systems as a Deloitte Technology Fast 50 winner.”

 

VBrick Systems provides IP video communications systems for schools, corporations, medical institutions, and government agencies.  In Connecticut alone, VBrick products are being used in more than a dozen K-12 schools, universities such UCONN and Yale, as well as businesses like Mystic Aquarium & Institute for Exploration, Hartford Hospital and the US Coast Guard.  The applications include distance learning, news distribution, surveillance, event broadcast, and telemedicine.

 

“We are honored and delighted to be selected as a Connecticut Fast 50 company once again,” said Richard Mavrogeanes, Founder and CTO of VBrick Systems.  “VBrick’s continued dedication to creating and delivering innovative appliances has enabled us to produce IP video solutions that are the best in their markets and provide the most value to our customers in the enterprise, educational institutions and government agencies around the world.”

 

“As Senator Lieberman noted at the awards ceremony on October 22, Connecticut is a great place for business,” said Fred Geyer, CEO of VBrick Systems. “We are proud to serve as a partner and technology provider to the top institutions across the State.”

 

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