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


	Allen Corporation of America, Inc. Named One of the Fastest Growing Technology Companies in Virginia.
	Allen’s philosophy of “putting technology to work” through exceptional professional services and enterprise products results in a second award from the Deloitte Virginia Technology Fast 50 Program.
	Sterling, VA – October 15, 2005 – Allen Corporation of America, Inc. announced today that it has been honored with a Deloitte Technology Fast 50 award for a second year.
	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 organizations. Technology Fast 50 winners are ranked based upon percentage of revenue growth over five years (2000-2004) Allen Corporation’s growth was 12052%, placing it 2nd on the 2005 Virginia Fast 50 ranking.
	In 2004, Allen Corporation placed 3rd in the Virginia Fast 50, and eighty-first in the Fast 500 for North America.
	Allen’s CEO, Carl von Sternberg, credits the company’s growth to the loyalty of its active clients, many of which share this year’s Fast 50 honor with Allen Corporation of America. He also credits its stellar growth with attracting new clients each year. “We are honored that Deloitte has recognized us once again as one of the fastest growing technologies regionally and in North America,” von Sternberg said. “We intend to continue our strong growth by remaining focused on providing our clients with exceptional products and services.”
	“Deloitte’s Virginia Technology Fast 50 companies have shown the strength, vision and temerity to succeed in today’s very competitive technology environment,” said Andrew Harrs, Principal, Deloitte & Touche LLP in McLean, Va., and Southeast Regional Telecommunications, Media and Technology Practice Leader. “We applaud the successes of Allen Corporation of America and acknowledge it as one of the very few to accomplish such a fast growth rate over the past five years.
	To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2000 and $1,000,000 in 2004, be headquartered in North America, and be a “technology company,” defined as a company that owns proprietary technology that contributes to a significant portion of the company’s operating revenues; or denotes a significant proportion of revenues to the research and development of technology. Using other companies’ technology in a unique way does not qualify.
	Winners of the 15 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 program, 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 general information about Allen Corporation of America visit www.allencorp.com or call (866) HQ-Allen (472-5536).
	Please contact Ms. Barbara Johns at 703.647.4382 for further information.
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