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Constella Group, Inc., Named N.C. Technology Fast 50 Award Winner for Fifth Consecutive Year
DURHAM, N.C., Sept. 18, 2003—Constella Group, Inc., a professional health services provider, has again been recognized as a N.C. Technology Fast 50 Award Winner. Constella ranked 29th among North Carolina's fastest growing technology companies.
This is the fifth consecutive time that Constella has been named to the list. Constella had a five-year growth rate of 236 percent, moving the company up one spot from last year's 30th ranking.
The 2003 award, sponsored by Deloitte and Touche LLP, marks the seventh time that Constella has been named to the list. Constella ranked 30 in 2002, 35 in 2001, 39 in 2000, 44 in 1999, 27 in 1997 and 23 in 1996.
"It is remarkable that we have been able to maintain such rapid, steady growth over so many years," said Don Holzworth, Constella's CEO. "I am confident that our financial stability and growth will continue in the life sciences marketplace as long as we maintain a focus on our vision of enhancing human health through innovative science, technology and knowledge solutions."
"In today's economy, triple-digit percentage revenue growth is an exceptional accomplishment," said Dave Hunt, Deloitte & Touche partner in charge of the North Carolina Technology, Media & Telecommunications Group. "We commend Constella for making the commitment to technology and delivering on the promise of market longevity. We are proud to honor Constella as a Deloitte & Touche Technology Fast 50 winner."
The N.C. Technology Fast 50 Awards program, now in its ninth year, is part of a national competition to honor fast-growing technology companies. North Carolina winners are eligible to compete for national Technology Fast 500 honors.
To be considered for the competition, a company must have been in business for at least five years, be headquartered in North Carolina and have revenues of at least $50,000 in 1998 and at least $1 million in 2002. Nominees can be publicly or privately held companies. They encompass all industry segments including biotechnology, semiconductors, Internet, software and communications.
About Constella Group, Inc.
Constella Group, Inc., is a leading provider of professional health services worldwide, now celebrating 20 years of enhancing human health through innovative science, technology and knowledge solutions. Constella's three business units—Health Sciences, Biomedical Informatics and Health Strategies—conduct health research and provide a variety of technical, professional and strategic consulting services to help industry and government clients identify and solve problems affecting human health. With Constella as the parent company, the three business units comprise dynamic points of collaboration that build support, create momentum and add value from idea to impact across the full continuum of human health.
The company's 650 employees serve clients from company headquarters in Durham, N.C., and from offices in Atlanta; Austin, Texas; Morgantown, W.Va.; Bethesda, Frederick and Silver Spring, Md., and in Santa Monica, Calif., Herndon, Va., and Boston.
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