Press Release - Allen Corporation of America, Inc. Named One of the Fastest Growing Technology Companies in Virginia and all of North America.


	Allen Corporation of America, Inc. Named One of the Fastest Growing Technology Companies in Virginia and all of North America.
	Allen’s philosophy of “putting technology to work” through exceptional professional services and enterprise products results in awards from Deloitte Virginia Technology Fast 50 and Deloitte North America Fast 500 Programs.
	Sterling, VA – November 1, 2004 – Allen Corporation of America, Inc. announced today that it has been honored with two prestigious Deloitte Technology Fast awards.
	Deloitte’s Technology Fast 50 Program for Virginia ranks the 50 fastest growing technology companies in Virginia according to Deloitte & Touche LLP, one of the nation’s leading professional services firms. Technology Fast 50 winners are ranked based upon percentage of revenue growth over five years (1999-2003). Allen Corporation’s growth was 3,014 percent, placing it third on the 2004 Virginia Fast 50 ranking.
	Deloitte’s Technology Fast 500 Program for North America, a ranking of the 500 fastest growing technology companies in the continent by Deloitte & Touche LLP, one of the nation’s leading professional services firms. Technology Fast 500 winners are also ranked based upon percentage of revenue growth over five years (1999-2003). Allen Corporation placed eighty-first on the 2004 North American Fast 500 ranking.
	Allen’s president, Carl von Sternberg, credits the company’s growth to the loyalty of its active clients. He also credits its stellar growth with attracting new clients each year. “We are honored that Deloitte has recognized us as one of the fastest growing technology companies regionally and nationally,” von Sternberg said. “We intend to continue our strong growth by remaining focused on providing our clients with exceptional products and services.”
	“Succeeding during prosperous times is one thing; succeeding in adversity is much more challenging, and that’s exactly what the Deloitte Technology Fast 50 and the Deloitte Technology Fast 500 winners have done. We applaud Allen Corporation of America, Inc. for its tremendous accomplishments during economically challenging times and for being one of the elite Fast 50 companies in Virginia and Fast 500 companies in North America,” said Gary H. Tabach, Office Managing Partner, Deloitte, McLean, VA.
	To qualify for both the Technology Fast 50 and Fast 500, 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 (using other companies’ technology in a unique way does not qualify); and/or devoting a significant proportion of revenues to research and development of technology.
	Winners of the 19 regional Technology Fast 50 programs in the United States and Canada are 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.fast50.com.
	About Allen Corporation of America, Inc. Based in Sterling, Virginia, Allen Corporation of America, Inc. is a professional services firm offering best of breed training and information technology solutions for the private and public sector. Allen Corporation is a dynamic company providing expert analysis, design, deployment, customization, operations and maintenance of information technology products. Allen specializes in several major technology fields, including distance learning, logistical operations, enterprise management solutions, custom application development, and telecommunications. For more information about Allen Corporation of America visit www.allencorporation.com or call (866) HQ-Allen.
	Please contact Ms. Barbara Johns at 703.647.4382 for further information.
	About Deloitte. Deloitte Touche Tohmatsu, a Swiss Verein, is an organization of member firms around the world devoted to excellence in providing professional services and advice, focused on client service through a global strategy executed locally in nearly 150 countries. With access to the deep intellectual capital of 120,000 people worldwide, Deloitte delivers services in four professional areas--audit, tax, consulting, and financial advisory services--and serves more than one-half of the world’s largest companies, as well as large national enterprises, public institutions, locally important clients, and successful, fast-growing global growth companies. Services are not provided by the Deloitte Touche Tohmatsu Verein, and, for regulatory and other reasons, certain member firms do not provide services in all four professional areas.
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