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Altiris ranked fastest growing IT Lifecycle Management company by Deloittes Fast 500

  • 15 October, 2003 07:58

<p>Altiris attributes its significant growth to helping companies reduce the cost of owning IT assets through comprehensive IT lifecycle management</p>
<p>Oct. 14, 2003 – Altiris, Inc. (Nasdaq: ATRS), a leader in systems management solutions that reduce the total cost of owning information technology, today announced that it ranked as the fastest growing integrated IT lifecycle management company, number 110 overall, on the 2003 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on average percentage revenue growth over five years, from 1998-2002. Altiris grew 3,277 percent during this period.</p>
<p>Greg Butterfield, Altiris president and CEO, credits Altiris’ growth during the past five years to the delivery of comprehensive IT lifecycle software solutions that help customers save time and money on IT management.</p>
<p>Butterfield said, “We provide a full range of IT management solutions that leverage our customers’ existing technology investments and help drive down the cost of owning IT assets. Our scalable business model is built on customer-driven solutions, exceptional partner relationships and superior execution, each of which contributed to the growth of Altiris during the past five years.”</p>
<p>In addition to ranking number 110 on the Deloitte Technology Fast 500, Altiris was the second fastest growing Utah-based company on the Deloitte Technology Fast 500.</p>
<p>“Achieving sustained revenue growth of 3,277 percent over five years is a tremendous accomplishment during a difficult period for the technology sector,” said Mark A. Evans, national managing partner of Deloitte’s Technology, Media &amp; Telecommunications Group. “Altiris’ phenomenal growth puts it in select company.”</p>
<p>The Fast 500 list is compiled from Deloitte’s 20 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have had 1998 operating revenues of at least $50,000 USD and $75,000 CD for the United States and Canada, respectively; and 2002 operating revenues must be at least $1 million USD or CD. Deloitte researchers examined financial statements to validate operating revenues.</p>
<p>Entrants must also be public or private companies headquartered in North America and must 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.</p>
<p>About Deloitte
Deloitte, one of the nation's leading professional services firms, provides audit, tax, financial advisory services and consulting through nearly 30,000 people in more than 80 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for innovative human resources programs, Deloitte has been recognized as one of the “100 Best Companies to Work For in America” by Fortune magazine for six consecutive years. “Deloitte” refers to Deloitte &amp; Touche LLP and affiliated entities. Deloitte is the US member firm of Deloitte Touche Tohmatsu. Deloitte Touche Tohmatsu is a
Swiss Verein (association), and, as such, 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 name “Deloitte,” “Deloitte &amp; Touche,” “Deloitte Touche Tohmatsu” or other related names. The services described herein are provided by US member firm and not by the Deloitte Touche Tomhmatsu Verein. For more information, please visit Deloitte's web site at www.deloitte.com/us.</p>
<p>Deloitte Technology, Media &amp; Telecommunications (TMT) Group
The TMT Group is composed of service professionals who have a wealth of experience serving technology, media and telecommunications companies throughout the world in areas including cable, communications providers, computers and peripherals, entertainment, media and publishing, networking, semiconductors, software, wireless, and related industries. These specialists understand the challenges that these companies
face throughout all stages of their business growth cycle and are committed to helping them succeed. Deloitte is a leader in providing strategic, financial and operational assistance to its technology, media and telecommunications clients.</p>
<p>About Altiris
Altiris, Inc. offers a full line of Web-enabled solutions that empower organizations to easily manage desktops, notebooks, handhelds, and Windows, Linux and UNIX servers throughout the IT lifecycle. Altiris provides fully integrated, complete systems management solutions for client and mobile, server, and asset management. Altiris automates, simplifies, and reduces the cost and complexity of IT lifecycle management with a rapid return on investment. For more information, visit www.altiris.com</p>
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<p>Altiris is a registered trademark of Altiris, Inc. in the U.S. and in other countries. The other company names or products mentioned are or may be trademarks of their respective owners.</p>
<p>Altiris contact:</p>
<p>David Sanday
+61 2 8925 4667
+61 438 449503 (mobile)
dsanday@altiris.com.au</p>

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