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CSI provides technology solutions for the public sector, particularly the K-12 education sector. The array of K-12 solutions includes multi-product connected classroom solutions, unified communications, one-to-one computing initiatives, and portals for parent, teacher, and student collaboration and communication. CSI also provides IT solutions to local governments and financial management software for school districts, cities, and counties.
"We are pleased to be included on this prestigious industry ranking," said Nancy Hedrick, CEO of CSI. "I want to thank our CSI team, our customers, and our vendor partners for making our growth possible."
Robert C. DeMarzo, senior vice president and editorial director for Everything Channel editorial, said, "The companies that are included on the Fast Growth 100 are channel industry leaders. They offer business-oriented IT consulting and work closely with their customers to integrate multivendor IT solutions as well as cutting-edge technologies. In addition, they understand the importance of strong sales philosophies. We congratulate CSI Technology Outfitters on their well-earned success."
The Fast Growth 100 has an average two-year revenue growth ('06-'08) of 87 percent, and average annual sales of products and services of $198.2 million. To be eligible for the 2009 Fast Growth 100, companies must be an IT solution provider; be based in the U.S.; have had net sales of at least $1,000,000 in calendar year 2006; and be an independent company.
The Fast Growth 100 rank is based on two years' growth of net sales from calendar year 2006 to calendar year 2008. Net sales were verified by public filings when possible. All private companies provided a signed affidavit attesting to the accuracy of the reported 2006 and 2008 net sales figures or accountant-reviewed financials or audited financials. Affidavits were signed by an owner or officer of the company or by a CPA representing the company. Affidavits and financials are on file in Manhasset, NY.
About CSI Technology Outfitters
CSI provides software and technology solutions to public sector markets. The CSI 21st Century Connected School solution has established the company as a major technology provider to the southeast education market. The CSI 21st Century Connected School is a seamless integration of instruction, collaboration, and network solutions that has been a significant factor in doubling company revenue in the past two years to over $58 million and increasing education revenue contribution to approximately 90% of total revenue.
The CSI solution portfolio encompasses proprietary accounting software specialized for the public sector, lesson planning and identity lifecycle management software, SharePoint development, network infrastructure and end device solutions, IP telephony and IP convergence applications, network management solutions and services, and interactive classroom technologies. More information about CSI (OTCBB: CSWI | Quote | Chart | News | PowerRating) is available at www.csioutfitters.com.
About Everything Channel (www.everythingchannel.com, www.channelweb.com)
Everything Channel is the one-stop shop for managing and accelerating technology sales. From branding and recruiting to marketing and sales, Everything Channel offers technology marketers the unmatched breadth and depth of global brands and market intelligence combined with unparalleled audience loyalty and credibility serving all technology sales channels through an extensive database. Everything Channel provides innovative field sales and marketing solutions to arm the sellers of technology with the resources they need to achieve measurable and significant results.
About United Business Media Limited (www.unitedbusinessmedia.com)
UBM (UBM.L) focuses on two principal activities: worldwide information distribution, targeting and monitoring; and, the development and monetization of B2B communities and markets. UBM's businesses inform markets and serve professional commercial communities -- from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists -- with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countries are organized into specialist teams that serve these communities, bringing buyers and sellers together, helping them to do business and their markets to work effectively and efficiently.
Forward-Looking and Cautionary Statements
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Among other things, these statements relate to our financial condition, results of operations and future business plans, operations, opportunities and prospects. In addition, we and our representatives may from time to time make written or oral forward-looking statements, including statements contained in filings with the Securities and Exchange Commission and in our reports to stockholders. These forward-looking statements are generally identified by the words or phrases "may," "could," "should," "expect," "anticipate," "plan," "believe," "seek," "estimate," "predict," "project" or words of similar import. These forward-looking statements are based upon our current knowledge and assumptions about future events and involve risks and uncertainties that could cause our actual results, performance or achievements to be materially different from any anticipated results, prospects, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements are not guarantees of future performance. Many factors are beyond our ability to control or predict. You are accordingly cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date that we make them. We do not undertake to update any forward-looking statement that may be made from time to time by or on our behalf.
In our most recent Form 10-K, we have included risk factors and uncertainties that might cause differences between anticipated and actual future results. We have attempted to identify, in context, some of the factors that we currently believe may cause actual future experience and results to differ from our current expectations regarding the relevant matter or subject area. The operations and results of our software and systems integration businesses also may be subject to the effects of other risks and uncertainties, including, but not limited to:
-- A reduction in anticipated sales;
-- An inability to perform customer contracts at anticipated cost levels;
-- Our ability to otherwise meet the operating goals established by our
business plan;
-- Market acceptance of our new software, technology and services
offerings;
-- An economic downturn; and
-- Changes in the competitive marketplace and/or customer requirements.
Contacts Maureen Park Everything Channel (516) 562-5942 mpark@everythingchannel.com David Dechant CSI Technology Outfitters (864) 855-3900 ddechant@csioutfitters.com Daniel Conway DC Consulting, LLC (407) 792-3332 daniel@dcconsultingllc.com
SOURCE: Computer Software Innovations, Inc.
mailto:mpark@everythingchannel.com mailto:ddechant@csioutfitters.com mailto:daniel@dcconsultingllc.com
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