Rankings are based on percentage revenue growth over five years, from 2000-2004. Blue Ridge Numerics grew its revenue by 709 percent during this period.
Blue Ridge's President, Ed Williams, credits the accelerating industry adoption of CFdesign® Upfront CFD software as the preeminent standard for engineering-level flow and thermal simulation along with the emergence of digital prototyping as mainstream technology with the company's 709% revenue growth over the past five years. He said, "We are thrilled but not surprised by the revenue growth of our company. Our CFdesign software is a proven tool for designing and engineering more innovative, efficient, and profitable products and systems in just about every industry imaginable. There is still a lot of growth in our business."
"Making the Deloitte Technology Fast 500 is commendable in today's highly competitive technology industry," said Tony Kern, deputy national managing principal of Deloitte's Technology, Media & Telecommunications industry practice. "We congratulate Blue Ridge Numerics on its repeat performance as one of the 500 fastest growing technology companies in North America."
Fast 500 Selection and Qualifications
The Fast 500 list is compiled from Deloitte's 15 regional North American Fast 50 lists, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have had 2000 operating revenues of at least $50,000 USD or $75,000 CD for the United States and Canada, respectively, and 2004 operating revenues of at least $1 million USD or CD.
Entrants must be headquartered in North America and must be a "technology company," defined as a company that owns proprietary technology that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology in a unique way does not qualify.
About Blue Ridge Numerics
Blue Ridge Numerics ( www.cfdesign.com) puts comprehensive fluid flow and heat transfer simulation upfront in the product development process where it creates tremendous value for small, medium, and large companies around the world. Our rapidly growing global customer list includes leaders in major vertical industries including aerospace, appliances, automotive, electronics, food & drug, HVAC, material processing, medical, military & defense, plumbing, and power generation.
First introduced in 1992, our unique Upfront CFD vision, supported by the proprietary CFdesign technology platform, saves customers money and time by reducing the amount of wind tunnel and flow bench testing necessary to validate new designs. Listed on the Inc. 500 and Deloitte Technology Fast 500, Blue Ridge Numerics is one of the fastest growing technology companies in America and the fastest growing CFD software company in the world.
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Contact: Jim Spann Vice President, Marketing 434.977.2764 ext.120