Plateau Systems Named one of Deloitte & Touche's 'Fast 50' Technology Companies in Virginia

Plateau recognized by one of nation's leading professional services firms for its 953 percent revenue growth from 1998 to 2002

ARLINGTON, VIRGINIA September 29, 2003 Plateau Systems, the leading provider of enterprise-class learning management systems, today announced it has been named one of Virginia's 50 fastest-growing technology companies in Deloitte and Touche's 2003 Technology Fast 50 Program. Awards were presented to Plateau and the other fastest-growing companies in Virginia on Sept. 25, 2003, during a ceremony at the Spy Museum in Washington, D.C.

The Fast 50 companies were honored for the contribution they make to the region's economy by creating new jobs and capital investment. Deloitte and Touche, one of the nation's leading professional services firms, selected the winners by percentage of revenue growth from 1998 to 2002. Plateau's revenues increased 953 percent in that time period. In addition to this rapid growth, Plateau will post a net profit of several million dollars this fiscal year. Plateau 4 Learning Management System (LMS) has become the standard for managing Web-based and classroom learning at the world's largest corporate, nonprofit and government organizations.

We attribute Plateau's growth and profitability to the tenacity of our team and the strategic vision of our customers, said Paul Sparta, Plateau's CEO and Chairman. Virginia is a fruitful region in which to operate, and we are proud that an organization as distinguished as Deloitte & Touche has recognized us for the successful technology we've built and the rapid ascent we've made.

In today's economy, triple digit percentage revenue growth is an exceptional accomplishment. We commend Plateau Systems for making the commitment to technology and delivering on the promise of market longevity, said Gary Tabach, Managing Director, Technology, Media and Telecommunications Practice at Deloitte and Touche. We are proud to honor Plateau Systems as a Deloitte and Touche Technology Fast 50 winner.

To qualify for Virginia's Technology Fast 50, companies must have had operating revenues of at least $50,000 in 1998 and $1,000,000 in 2002, and be public or private companies headquartered in Virginia. Winners must own proprietary technology that contributes to a significant portion of the company's operating revenues, or devotes a high percentage of effort to research and development of technology.

For more information on the Deloitte and Touche Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.

About Plateau: Plateau's enterprise-class software manages all of an organization's learning and knowledge on one scalable platform. Plateau 4 Learning Management System (LMS) is built on Web-based J2EE/EJB architecture, and is the engine behind the largest e-Learning initiatives in the corporate, non-profit and government markets. Plateau 4 LMS automates the management and delivery of online and classroom learning, organizational knowledge and competencies for clients including the American Red Cross, Motorola, Union Pacific and the U.S. Air Force. Plateau is listed as a leader in LMS evaluations from Gartner Inc. and META Group. The company is headquartered in Arlington, VA. For more information, please visit www.plateau.com.

About Deloitte and Touche: Deloitte & Touche, one of the nation's leading professional services firms, provides assurance and advisory, tax, and management consulting services through nearly 30,000 people in more than 100 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for innovative human resources programs, Deloitte & Touche has been recognized as one of the 100 Best Companies to Work For in America by Fortune magazine for five consecutive years. Deloitte & Touche refers to Deloitte & Touche LLP and related entities. Deloitte & Touche is the US national practice of Deloitte Touche Tohmatsu. Deloitte Touche Tohmatsu is a Swiss Verein, and each of its national practices is a separate and independent legal entity. For more information, please visit Deloitte & Touche's web site at www.deloitte.com/us. For more information on the Technology Fast 50 and Technology Fast 500 programs, please visit www.fast50.com.

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