CosmoCom in Deloitte Long Island Technology Fast 50 for 3rd Year

CosmoCom(TM), whose all-IP, universal access contact center system is the platform of choice for more top-tier network service providers worldwide than any other product of its kind, has been named for the third consecutive year to the prestigious Deloitte Long Island Technology Fast 50, a ranking of the 50 fastest growing technology companies in the area by Deloitte & Touche USA LLP, one of the nation's leading professional services firms. Rankings are based on the percentage of growth in fiscal year revenues over five years, from 1999-2003. CosmoCom grew 134% during this period.

CosmoCom's CEO Ari Sonesh credits the company's triple-digit revenue growth to its innovative IP Contact Center On-Demand(TM) technology, which enables service providers to offer feature-rich, cost effective contact center solutions as a hosted service. He said, "CosmoCom understood early on the great potential of IP technology and the on-demand service model for the call center industry. We developed our IP-based hosted contact center solution based on this vision. Our strategy, to help service providers such as telecoms, IT outsourcers, and contact center outsourcers offer the most flexible and functional contact center solutions, has fueled our growth and helped make CosmoCom a consistent Fast 50 company."

"Companies must have phenomenal growth to rank on the Long Island Technology Fast 50 for three consecutive years. We commend CosmoCom for its tremendous accomplishments, and we applaud their success and vision," said Adam Weisman, a Partner of Deloitte & Touche LLP's technology, media, and telecommunications practice, and Chairperson of the 2004 Long Island Technology Fast 50.

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 1999 and $1,000,000 in 2003, must be public or private companies headquartered in North America, and be a "technology company" defined as owning proprietary technology that contributes to a significant portion of the company's operating revenues and/or devoting a significant proportion of revenues to research and development of technology.

As a winner of the Technology Fast 50 Program for Long Island, CosmoCom is automatically entered in the Deloitte Technology Fast 500 program, which ranks North America's top 500 fastest growing technology companies. For more information on the Fast 50 or Fast 500 programs, visit www.fast500.com.

Contacts

CosmoCom
Chris McManus, +1 718-832-9154
Mobile: +1 917-324-0808
cmcmanus@cosmocom.com

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