SOURCEFIRE NAMED #2 RISING STAR IN THE NATIONAL DELOITTE TECHNOLOGY FAST 500 PROGRAM
Attributes its 5,884 Percent Revenue Growth to Innovative Technologies
Columbia, Md., October 25, 2004 - Sourcefire, Inc., the
world leader in real-time network defense, has been named the #2 Rising Star
on the
2004 Deloitte Technology Fast 500, a ranking of the fastest growing technology
companies in North America. The Rising Star list ranks 25 winners that have
been in business for more than three years and less than five. They are ranked
based on percentage of growth in revenues over three years (2001 to 2003).
With a 5,884 percent increase in revenues from 2001 to 2003, Sourcefire is
the fastest growing network security company and the second fastest growing
Rising Star overall.
“Sourcefire is delivering innovative technologies that radically improve
the way companies secure their network assets”, said Wayne Jackson, Sourcefire’s
CEO. “Judging by the volume of security-related down time, it’s
becoming more and more obvious that first generation security vendors are not
getting the job done. Sourcefire’s pro-active, real-time capabilities
finally give security professionals the advantage over the hacker. Our business
momentum is solid evidence that our products really deliver.”
Sourcefire was founded by Martin Roesch, creator of Snort, the world’s
most widely deployed Intrusion Detection and Prevention System with more than
2 million downloads and hundreds of thousands of active users worldwide. Sourcefire’s
most recent innovation, RNA (Real Time Network Awareness), provides the precise,
comprehensive network information needed to identify the threats that really
matter and to automate processes that would otherwise consume valuable time
and energy.
"
It is not easy for a young company to get traction in the technology marketplace
let alone report such phenomenal revenue growth," said Mark A. Evans,
national managing partner of Deloitte's Technology, Media & Telecommunications
Group. "It's a credit to Sourcefire's leadership that they've managed
to ramp up their business so quickly."
Rising Star Qualifications
To qualify as a Fast 500 Rising Star, entrants must have had 2001 operating
revenues of at least $50,000 USD and $75,000 CD for the United States and Canada,
respectively; and 2003 operating revenues must be at least $1 million USD or
CD.
Entrants must also be public or private companies headquartered in North
America, and be a "technology company," defined as a company that
owns proprietary technology that contributes to a significant portion of
the company's operating
revenues; or devotes a significant proportion of revenues to the research
and development of technology. Using other companies' technology in a unique
way
does not qualify.
About Sourcefire
Sourcefire, Inc., the world leader in real-time network defense solutions,
is transforming the way organizations manage and minimize network security
risks with its 3D Approach - Discover, Determine, Defend - to securing
real networks in real-time. The company's ground-breaking network defense
system
unifies intrusion and vulnerability management technologies to provide
customers with the most effective network security available. Founded in
2001 by the
creator of Snort, Sourcefire is headquartered in Columbia, MD and has received
numerous accolades including being named a 2004 Company to Watch by Network
Computing Magazine and selected as one of the Red Herring Top 100 privately
held companies. At work in leading Fortune 100 and government agencies,
the names Sourcefire and founder Martin Roesch have grown synonymous with
innovation
and intelligence in network security. For more information about Sourcefire,
please visit www.sourcefire.com.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein,
its member firms and their respective subsidiaries and affiliates. As
a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of
its member
firms has any liability for each other's acts or omissions. Each of the
member firms is a separate and independent legal entity operating under
the names "Deloitte," "Deloitte & Touche," "Deloitte
Touche Tohmatsu," or other related names. Services are provided by the
member firms or their subsidiaries or affiliates and not by the Deloitte
Touche Tohmatsu Verein.
Deloitte & Touche USA LLP is the U.S. member firm of Deloitte Touche Tohmatsu.
In the U.S., services are provided by the subsidiaries of Deloitte & Touche
USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Tax LLP,
and their subsidiaries), and not by Deloitte & Touche USA LLP.
| Contact:
|
Tony Welz
Principal
Welz & Weisel Communications
703.218.3555 x226
tony@w2comm.com |
Kimberly Childers
Manager, Marketing Communications
Sourcefire, Inc.
410.290.1616
kimberly.childers@sourcefire.com |