December 20, 2004—VFA, Inc., has been named to Deloitte’s prestigious Technology Fast 50 Program for New England, a ranking of the 50 fastest growing technology companies. Rankings are based on the percentage of growth in fiscal year revenue over five years, from 1999 to 2003.
VFA’s president and CEO, Jerry Kokos, credits an increased understanding of the critical role facilities play in an organization’s success as a key factor in the company’s 319 percent revenue growth during the past five years. “Organizations across the corporate, government, and educational sectors struggle to fulfill their missions without a supportive physical environment,” said Kokos. “VFA developed decision-support technology that addresses this issue, replacing the ad-hoc, manual facilities budgeting process with an automated process for facilities capital planning and management. This award is a testament to the tremendous growth and success VFA has achieved, and I am pleased to see the company’s employees honored for their accomplishments with this prestigious award.”
VFA’s increase in revenue of 319 percent from 1999 to 2003 resulted in its ranking of 39 in the Fast 50 for New England. The average increase in revenue among companies who made the Fast 50 for this region was 1,515 percent.
The New England Technology Fast 50 Program is co-sponsored by Wilmer Cutler Pickering Hale and Dorr and is supported by Mazonson, the American Stock Exchange, and Mass High Tech.
For more information, contact VFA as well as see their ad on FMLink.