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 third award from the Deloitte Virginia Technology Fast 50 Program.
	Sterling, VA – September 29, 2006 – Allen Corporation of America, Inc. announced today that it has been honored with a Deloitte Technology Fast 50 award. This is the third consecutive year that Allen has placed in the top 3 positions of the Fast 50 list.
	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 (2001-2005) Allen Corporation’s growth was 9808%, placing it 3rd on the 2006 Virginia Fast 50 ranking.
	Allen Corporation placed 2nd in the Virginia Fast 50 in 2005 and 3rd in 2004.
	Allen’s CEO, Carl von Sternberg, credits the company’s growth to its loyal customer base, and the dedication of its employees to the success of Allen Corporation and its clients. 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 technology companies in Virginia,” von Sternberg said. “We intend to continue our strong growth by remaining focused on providing our clients with exceptional products and services.”
	“To rank on Deloitte’s Technology Fast 50, companies must have phenomenal revenue growth over five years,” said Andrew Harrs, Deloitte’s Southeast regional managing partner for the Technology, Media and Telecommunications Industry Practice. “Allen Corporation of America, Inc. has proven to be one of the fast-growth success stories in Virginia, and we applaud their dedication to making their vision a reality.
	To qualify for the Virginia Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2001 and $5,000,000 in 2005, be headquartered in Virginia, 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 16 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, media, telecommunications and life sciences companies. For more information on Deloitte’s Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.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).
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