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Deloitte & Touche Names Albridge Solutions Fast 50 Rising StarCompany's Growth Exceeds 1200 Percent Over Last Three Years August 17, 2004 - Lawrenceville, NJ - Albridge Solutions, formerly StatementOne Inc., the industry leader in enterprise financial data consolidation and performance reporting, today announced that it has been named by Deloitte & Touche as a "Rising Star" in its New Jersey Technology Fast 50 List. The designation comes as Albridge Solutions announced a name change from StatementOne, and issued a new integrated software solution that delivers new functionality and greater capability to the financial services market. The Rising Star award is a special designation for fast-growth technology companies based on average percentage revenue growth over the past three years and is part of the New Jersey Technology Fast 50 program, which ranks the 50 fastest growing technology companies headquartered in New Jersey. Rankings are based on the percentage of growth in fiscal year revenues over three years (2001 to 2003). Albridge Solutions has grown 1,269 percent in three years. "We are honored to be recognized by Deloitte & Touche for our strong performance," said Greg Pacholski, Albridge Solutions CEO. "This has been a significant and extraordinary week for Albridge as we have entered a new era with a new name and product release that represents how we have quickly grown as a prominent provider of integrated enterprise solutions for the financial industry. Our inclusion in the Fast 50 list this year indicates how we have grown not just financially but with customers who have come to trust us and rely on us for secure, accurate and scalable solutions for their operations." "The Deloitte New Jersey Technology Fast 50 Rising Star companies have shown the strength, vision and temerity to succeed despite a very challenging technology environment," said Paul Mlynarski, tax partner and chair of the New Jersey Technology Fast 50. "We applaud the success of Albridge Solutions and acknowledge their place as one of the few to accomplish such a fast growth rate over the past three years." Albridge's new software represents a significant upgrade from previous releases and features expanded reporting capabilities, improved portfolio/holdings detail and market commentary. In addition, a Web Services platform that offers easy integration with other mission critical applications such as Morningstar and NaviPlan, a new Probable CauseTM reconciliation processing engine and enhanced graphics for improved reporting capabilities are also offered in the new package. About DeloitteDeloitte, 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. Known as an employer of choice for innovative human resources programs, the firm is dedicated to helping its clients and its people excel. "Deloitte" refers to the associated partnerships of Deloitte & Touche USA LLP (Deloitte & Touche LLP and Deloitte Consulting LLP) and subsidiaries. Deloitte is the US member firm of Deloitte Touche Tohmatsu. For more information, please visit Deloitte's Web site at www.deloitte.com/us. About Albridge SolutionsFounded in 1993, Albridge consolidates enterprise investment account data, delivering a proven Web-based portfolio accounting and performance reporting solution to financial institutions. Albridge's Web Services platform allows a secure way to pass valuable consolidated information from the Albridge database to other critical applications in a representative's practice such as business planning, analytic, product development, and CRM applications. Albridge currently manages account data for more than 70 financial institutions, representing over $500 billion in assets, tens of thousands of financial advisors, and millions of investors. Their current clients include independent broker-dealers, banks, and insurance companies. Media Contact For More Information: |