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Glow Networks, Inc. Ranked Number 32 in Deloitte's Technology Fast 50 Program for Texas

Richardson, TX (PRWEB) November 6, 2007 -- Glow Networks, Inc. (www.glownetworks.com) has been named to Deloitte's prestigious Technology Fast 50 Program for Texas, a ranking of the 50 fastest growing technology, media, telecommunications, and life sciences companies in the area by Deloitte & Touche USA LLP, one of the nation's leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2002-2006. This year's Texas Technology Fast 50 program is co-presented by Deloitte & Touche USA LLP, CresaPartners, Gardere Wynne Sewell LLP, HumCap, NASDAQ and America's 401(k).

"Deloitte's Texas Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today's very competitive technology environment," said Skip Moore, Deloitte & Touche LLP, Managing Partner, Technology, Media & Telecommunications. "We applaud the successes of Glow Networks and acknowledge it as one of the very few to accomplish such a fast growth rate over the past five years."

Glow Networks' Founder and President, Jay Srinivasan credits quality services provided by its talented resources with the company's revenue growth. Srinivasan said, "It gives us immense pleasure to not only be listed once again in this select list, but also move up the rankings; it is indeed credit to the entire Glow Networks team for being able to sustain and improve on our revenue growth over the past six years."

Glow Networks' increase in revenues of 385% percent from 2002 to 2006 resulted in a 32nd ranking in the Technology Fast 50 for Texas. The average increase in revenues among companies who made the Technology Fast 50 for Texas was 1766 percent.

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006, be headquartered in North America, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify.

Companies from the 16 regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte's 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 Glow Networks, Inc.

Founded in 1999, Glow Networks (www.glownetworks.com) is an established ISO9001/TL9000 certified telecommunications engineering and consulting firm, catering to the needs of telecom equipment vendors and carriers. The company specializes in Wireless Broadband, Wireline (Optical Backbone), VoIP (Soft Switch), IP Multimedia Subsystem (IMS) and Enterprise products. Glow's customer-base includes world's foremost equipment vendors and carriers such as Nortel, Alcatel-Lucent, Motorola, Tellabs, Tekelec, Ericsson and Nokia. Glow provides a range of managed services such as Network Engineering, Order Engineering, Systems Application Engineering, Switch Datafill, Configuration Engineering, Field/Site Engineering, RF Drive Test Services. Besides managed services, Glow Networks also provides skilled resources to its customers as non payroll workforce in the areas of engineering, ? interoperability testing, deployment (integration, software and hardware upgrades etc), other telecom and IT services. The company can also provide D/C Power Plants and Batteries, Emergency Generator Systems, Fuel Filtration Systems.

Besides being named Nortel Networks' Diversity Supplier of the Year for 2005, Glow Networks ranked 40th in a select list of 100 fastest growing companies in Dallas and was named to Deloitte's prestigious Texas Technology Fast 50 Program in 2006 and was ranked 382 among the fastest growing companies in North America on Deloitte's 2006 Technology Fast 500. Most recently, Glow Networks was included in the first-ever Inc. 5000 list of the fastest growing private companies in the United States and was also a recipient of the first DiversityNXT NXT Solutions Supplier Award.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), 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 names "Deloitte", "Deloitte & Touche", "Deloitte Touche Tohmatsu" or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.

Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.

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