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Company Named Finalist for Upcoming NJBIZ New Jersey’s Finest Award Based on Explosive Growth
Somerset, NJ- August 14, 2006 - Lumeta, the leading provider of network intelligence solutions for enterprises and government agencies, is pleased to announce that it has been named to Deloitte & Touche LLP's prestigious Technology Fast 50 Program for New Jersey for the first time. The Technology Fast 50 Program and awards recognize the 50 fastest growing technology, media, telecommunications and life sciences companies in the region, based on percentage revenue growth over five years.
Lumeta ranked 11th overall on the Technology Fast 50 list, which was announced at a ceremony held Thursday, August 10, 2006 at the Sheraton Woodbridge in Iselin, NJ. The company attributes the impressive standing to its 1390% percent revenue growth between 2001 and 2005. In 2004, the company was selected for the Rising Star Award by Deloitte – a special designation for fast-growth technology companies that have been in business under four years. Further validating the company’s position as an emerging software leader, Lumeta was also named a finalist for this years New Jersey’s Finest award. The award recognizes the state’s most dynamic companies that have made significant contributions to the strength of the regional economy. This year’s 50 winners will be honored with an awards ceremony on Monday, September 25th at the Sheraton Woodbridge, and will be highlighted in a special supplement to NJBIZ on Monday, October 2, 2006. The program is produced by NJBIZ, New Jersey’s premiere business news publication, and is sponsored by PricewaterhouseCoopers, Lowenstein Sandler, Attorneys at Law, and PNC Bank.
“Lumeta is honored to receive a 2006 New Jersey Technology Fast 50 award and excited to be a finalist of the New Jersey’s Finest awards.” said Dave Hickey, CEO of Lumeta. “These awards reflect our significant growth and the rapid adoption of our technology by large enterprises and government agencies.” About Lumeta Corporation
Lumeta provides large enterprises and government agencies with the global visibility needed to quantify network risk and measure the impact of network change. Our network assurance solutions enable IT organizations to deploy new business services, maintain existing service levels and minimize network security risk to ensure compliant operations.
Lumeta's flagship product, IPsonar, is the industry's only solution that allows organizations to measure risk from a global network perspective. IPsonar maps every asset on a network--including assets not currently under management--visualizes the connectivity between assets and networks to uncover risk patterns and policy weaknesses, and enables network and security teams to bring unknown assets under management while deploying security technology more effectively to mitigate risk.
Note: Lumeta, the Lumeta logo, IPsonar and the IPsonar logo are trademarks and service marks of the Lumeta Corporation. Other product and company names appearing in this document may be trademarks of their respective owners.
| Media Contacts: |
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Jim McManus
Davies Murphy Group
781-418-2402
lumeta@daviesmurphy.com |
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