Milpitas, California – (The Hosting News) – October 31, 2006 –
Server and storage for large-scale data centers provider, Rackable Systems, Inc., has ranked 12th on Deloitte’s 2006 Silicon Valley Technology Fast 50, and 221st on Deloitte’s 2006 Technology Fast 500, for regional and national rankings of the fastest growing technology companies.
Tom Barton, CEO of Rackable Systems commented, ”We are honored to be recognized as one of the fastest growing technology companies in Silicon Valley and North America. Our steady growth is reflective of the tremendous work and dedication of our employees, as well as the support of our customers who have come to expect high performance, high efficiency servers and storage from Rackable Systems for their data centers.”
Optimized for applications ranging from Web hosting to High Performance Computing, financial services, oil and gas and entertainment, Rackable Systems’ server and storage designs, superior cooling technologies and DC power options are designed to enable the company to offer high density deployments while increasing efficiency and reducing power costs. As data centers continue to focus on decreasing energy consumption and implementing green technology, Rackable Systems solutions are designed to enable customers to meet these challenges, even in the most complex IT environments.
Tony Kern, Deputy Managing Principal of Deloitte’s Technology, Media and Telecommunications industry practice added, ”Deloitte’s Silicon Valley Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today’s very competitive technology environment. We applaud the successes of Rackable Systems and acknowledge it as one of the very few to accomplish such a fast growth rate over the past five years.”
The Fast 500 ranks the fastest growing technology, media, telecommunications and life sciences companies in North America. It is compiled from Deloitte’s 16 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. Companies are selected based on percentage revenue growth from 2001 to 2005.
Entrants must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company’s operating revenues or devote a significant proportion of revenues to research and development of technology. Using other companies’ technology or intellectual property in a unique way does not qualify. Base-year operating revenues must be at least $50,000 USD or $75,000 CD, and current-year operating revenues must be at least $5 million USD or CD. Companies must be in business a minimum of five years, and they must be headquartered within North America.
Deloitte and Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte and Touche USA LLP (Deloitte and Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte and Touche USA LLP.
Rackable Systems, Inc. provides servers and storage products for large-scale data center deployments. The company’s products are designed to provide benefits in the areas of density, thermal efficiency, serviceability, power distribution and remote management. Founded in 1999 and based in Milpitas, California, Rackable Systems serves Internet, semiconductor design, enterprise software, federal government, entertainment, financial services, oil and gas exploration and biotechnology customers worldwide.
To learn more about Rackable Systems, please visit: www.rackable.com.