Lafayette, Calif., August 1, 2007 -TechExcel , the leading provider in unified Application Lifecycle Management (ALM) and IT Service Management (ITSM) software, announced that it was named to East Bay Business Times newspaper’s annual “50 Fastest Growing Private Companies” List for 2007.
The East Bay Business Times gives out its Fastest Growing Private Companies (FAST 50) award annually to 50 companies. This year, the list of 50 companies is made up of two separate rankings: one based on the percentage of revenue growth and the other based on the total revenue growth in dollars.
Qualifying businesses must be located in Alameda, Contra Costa or Solano counties; have been in business for at least three years; and have produced at least $200,000 in revenue since 2003. The Fast 50 winners were honored at a reception on Thursday, July 26, at Golden Gate Fields horse racing track, 1100 Eastshore Highway in Berkeley.
TechExcel, which was ranked 23 out 50, views their Fast 50 award as evidence of their commitment to dramatically grow their client base throughout the Bay Area business community. “We are very honored to be recognized as a leading private company in the East Bay Business community.” said Dr. Tieren Zhou, Ph.D., CEO and Chief Architect, TechExcel.
TechExcel’s application lifecycle management and service and support software solutions are globally deployed by a large number of Fortune 2000 companies.
For more information about how TechExcel solutions are making the business of software development more efficient, see https://www.techexcel.com/.