WALLINGFORD, Conn. – October 13, 2006 – VBrick Systems, Inc., the world leader in digital video systems and solutions, today announced that it has received its fifth consecutive ranking in Deloitte’s Connecticut Technology Fast 50 award program, which lists Connecticut’s fastest growing technology companies by revenue growth during the past five years (2001-2005). The 2006 Connecticut Technology Fast 50 ranking highlights VBrick’s steep 88 percent growth trajectory during the past half decade.
The company fuels its rapid expansion and market leadership position by providing reliable and economical digital video products for organizations that are easy to use and innovative. VBrick is a leader in key digital media market segments – and owns more than 40 percent of the global corporate encoder market, according to Frost & Sullivan*.
“We commend VBrick for making the Connecticut Technology Fast 50 for the fifth consecutive year, a rare accomplishment,” said Alex Discepolo, Director at Deloitte Tax LLP and chairperson of the Connecticut Technology Fast 50. “The Fast 50 companies, including VBrick, have demonstrated the ability to take advantage of growth opportunities by delivering on the promise of market longevity.”
During the past five years, VBrick earned three consecutive Fast 50 awards and two consecutive Rising Star awards – an award for start-ups not yet eligible for the Fast 50. VBrick enables organizations to use dynamic digital video and multimedia as easily as e-mail or the phone – thereby enhancing productivity, collaboration, and communications with colleagues across the hall or around the globe.
Companies use VBrick to stream live presentations and breaking news to employee desktops, create engaging webcasts that highlight new services, accelerate new product introductions via real-time tele-presence collaboration between sites, expand classroom education with on-demand access to DVD-quality digital video, and monitor harsh environments remotely using video surveillance.
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