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VBrick Systems Ranked Eighth Fastest Growing Company In Connecticut; VBrick's Explosive Growth Recognized with Prestigious Deloitte Technology Fast 50

Business Wire - October 26, 2004

WALLINGFORD, Conn. -- VBrick Systems, Inc., the leader in affordable video over IP network solutions, today announced that it ranked eighth in the 2004 Deloitte Technology Fast 50 Program for Connecticut, a ranking of the State's 50 fastest growing technology companies throughout the State. VBrick Systems' massive 1508 percent growth over the past five years, from 1999-2003, has earned the company recognition for a third consecutive year. VBrick also placed at 148 in the 2004 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America.

"In today's economy, 1500 percent revenue growth is an exceptional accomplishment," said David Carver, Partner, Deloitte's Technology, Media & Telecommunications practice in Connecticut. "We commend VBrick Systems for making the commitment to technology and delivering on the promise of market longevity. We are proud to honor VBrick Systems as a Deloitte Technology Fast 50 winner."

VBrick Systems provides IP video communications systems for schools, corporations, medical institutions, and government agencies. In Connecticut alone, VBrick products are being used in more than a dozen K-12 schools, universities such UCONN and Yale, as well as businesses like Mystic Aquarium & Institute for Exploration, Hartford Hospital and the US Coast Guard. The applications include distance learning, news distribution, surveillance, event broadcast, and telemedicine.

"We are honored and delighted to be selected as a Connecticut Fast 50 company once again," said Richard Mavrogeanes, Founder and CTO of VBrick Systems. "VBrick's continued dedication to creating and delivering innovative appliances has enabled us to produce IP video solutions that are the best in their markets and provide the most value to our customers in the enterprise, educational institutions and government agencies around the world."

"As Senator Lieberman noted at the awards ceremony on October 22, Connecticut is a great place for business," said Fred Geyer, CEO of VBrick Systems. "We are proud to serve as a partner and technology provider to the top institutions across the State."

About VBrick Systems, Inc.

VBrick Systems, Inc. manufactures simple, reliable video solutions that enhance communications and reduce costs for organizations large and small. VBrick enables enterprises to benefit from high quality visual communications through networked video appliances. VBrick MPEG video solutions provide the simplest and most dependable visual communications to businesses, educational institutions and government agencies ranging in use from distributing news and information and distance learning to training and surveillance. Based in Wallingford, Connecticut, USA, VBrick Systems' products are distributed through industry-leading value-added resellers, system integrators and distributors. Find out more at www.VBrick.com.

About Deloitte

Deloitte, one of the nation's leading professional services firms, provides audit, tax, financial advisory services and consulting through nearly 30,000 people in more than 80 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for innovative human resources programs, Deloitte has been recognized as one of the "100 Best Companies to Work For in America" by Fortune magazine for six consecutive years. "Deloitte" refers to Deloitte & Touche LLP and affiliated entities. Deloitte is the US member firm of Deloitte Touche Tohmatsu. Deloitte Touche Tohmatsu is a Swiss Verein (association), and, as such, neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the name "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu" or other related names. The services described herein are provided by the US member firm and not by the Deloitte Touche Tohmatsu Verein. For more information, please visit Deloitte's web site at www.deloitte.com/us.

WALLINGFORD, Conn. -- VBrick Systems, Inc., the leader in affordable video over IP network solutions, today announced that it ranked eighth in the 2004 Deloitte Technology Fast 50 Program for Connecticut, a ranking of the State's 50 fastest growing technology companies throughout the State. VBrick Systems' massive 1508 percent growth over the past five years, from 1999-2003, has earned the company recognition for a third consecutive year. VBrick also placed at 148 in the 2004 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America.

"In today's economy, 1500 percent revenue growth is an exceptional accomplishment," said David Carver, Partner, Deloitte's Technology, Media & Telecommunications practice in Connecticut. "We commend VBrick Systems for making the commitment to technology and delivering on the promise of market longevity. We are proud to honor VBrick Systems as a Deloitte Technology Fast 50 winner."

VBrick Systems provides IP video communications systems for schools, corporations, medical institutions, and government agencies. In Connecticut alone, VBrick products are being used in more than a dozen K-12 schools, universities such UCONN and Yale, as well as businesses like Mystic Aquarium & Institute for Exploration, Hartford Hospital and the US Coast Guard. The applications include distance learning, news distribution, surveillance, event broadcast, and telemedicine.

"We are honored and delighted to be selected as a Connecticut Fast 50 company once again," said Richard Mavrogeanes, Founder and CTO of VBrick Systems. "VBrick's continued dedication to creating and delivering innovative appliances has enabled us to produce IP video solutions that are the best in their markets and provide the most value to our customers in the enterprise, educational institutions and government agencies around the world."

"As Senator Lieberman noted at the awards ceremony on October 22, Connecticut is a great place for business," said Fred Geyer, CEO of VBrick Systems. "We are proud to serve as a partner and technology provider to the top institutions across the State."

About VBrick Systems, Inc.

VBrick Systems, Inc. manufactures simple, reliable video solutions that enhance communications and reduce costs for organizations large and small. VBrick enables enterprises to benefit from high quality visual communications through networked video appliances. VBrick MPEG video solutions provide the simplest and most dependable visual communications to businesses, educational institutions and government agencies ranging in use from distributing news and information and distance learning to training and surveillance. Based in Wallingford, Connecticut, USA, VBrick Systems' products are distributed through industry-leading value-added resellers, system integrators and distributors. Find out more at www.VBrick.com.

About Deloitte

Deloitte, one of the nation's leading professional services firms, provides audit, tax, financial advisory services and consulting through nearly 30,000 people in more than 80 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for innovative human resources programs, Deloitte has been recognized as one of the "100 Best Companies to Work For in America" by Fortune magazine for six consecutive years. "Deloitte" refers to Deloitte & Touche LLP and affiliated entities. Deloitte is the US member firm of Deloitte Touche Tohmatsu. Deloitte Touche Tohmatsu is a Swiss Verein (association), and, as such, neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the name "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu" or other related names. The services described herein are provided by the US member firm and not by the Deloitte Touche Tohmatsu Verein. For more information, please visit Deloitte's web site at www.deloitte.com/us.

COPYRIGHT 2004 Business Wire
COPYRIGHT 2004 Gale Group


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