Avineon Recognized as a Washington SmartCEO 'Future 50' Company for Third Year in a Row

ALEXANDRIA, Va., Feb. 4 /PRNewswire/ -- Avineon, Inc. ( www.avineon.com), a successful provider of IT, geospatial, engineering and program management services, has been recognized by Washington SmartCEO magazine as one of its Future 50 winners based on company revenue and employee growth. Avineon has grown at more than a 30 percent rate over the past six years and now employs more than 1,000 worldwide. This is the company's third consecutive appearance on the list of Future 50 winners.

The Future 50 program honors the 50 fastest growing companies in the Washington, D.C. metro area. In total, this year's winners employ 23,000 and have generated more than $6 billion in total revenue. Winners were honored at a black-tie dinner event January 29, 2009 in Bethesda, Md.

"Each Future 50 winner has effectively translated their passion and innovation into tremendous growth and success," said Jaime Park, Group Associate Publisher at SmartCEO Magazine. "We are honored to recognize Avineon as one of the 50 fastest growing companies in Greater Washington."

Founded in 1992, Avineon has added a customer base of more than 250 clients among the federal government, state and local governments, and commercial sector. In 2008, Avineon won major contracts with the Environmental Protection Agency (EPA) and the Department of Education, as well as extended contracts with the United States Navy, the Internal Revenue Service (IRS) and the Department of the Treasury, among others. On an international scale, Avineon maintains subsidiaries in India, the United Kingdom, and France and has plans to establish a subsidiary in Canada.

"We are honored to be named a Future 50 winner again," stated Karlu Rambhala, president and CEO of Avineon. "This award demonstrates the high value we place on our employees and customers and the commitment we share in providing top notch services and support, qualities that are helping us succeed in tough economic times."

Future 50 winners were profiled in the January issue of Washington SmartCEO. To view the entire list of winning companies, visit www.smartceo.com.

About Avineon

Avineon, a CMMI Maturity Level 3 and ISO 9001:2000 registered company, is a diversified high technology company that provides information technology (IT), geospatial, engineering and program management services. With headquarters in Alexandria, Virginia, and offices in Alabama, Florida, Georgia and Virginia, Avineon also maintains subsidiaries in Europe and India. In IT, Avineon specializes in web-based architecture, systems engineering, application development, and on-going network and security support. For additional information please visit www.avineon.com.

    Press Contact:
    Megan Huey
    DPR Group
    919-678-9200, ext. 104

    Company Contact:
    Charles Erdrich
    Avineon, Inc.

Web site: http://www.avineon.com/

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