Press Releases

Plateau Systems Among Fastest Growing Companies In Washington, D.C. Region

Plateau Ranked 11th on Washington Business Journal's Distinguished List of High-Growth Companies

Arlington, Va. • October 5, 2004 - Plateau Systems, the leading provider of enterprise software that manages learning and knowledge readiness, today announced that it is among the 50 fastest growing companies in the Washington, D.C. region as recognized by the Washington Business Journal. The publication's ranking recognizes 50 companies whose annual revenues show the highest percentage growth from 2001-2003. During that time, Plateau experienced more than 92 percent compound annual growth, and also posted a profit – a trend that has continued for the past seven quarters.

"We have always pursued an intelligent growth strategy, never extending ourselves beyond what the market will bear," said Paul Sparta, CEO and Chairman of Plateau Systems. "Coupled with our consistent execution, this strategy has served us well, particularly during the challenging economic conditions that existed in 2001 - 2003."

This award is the latest in a series of honors bestowed upon the company during the past year. These honors include: Ernst & Young Entrepreneur Of The Year 2004 for the Software & Technology category in the D.C. region, 2004 Hot Stocks by Washingtonian, County's Best Businesses by Arlington County, Virginia's Fantastic 50 by the Virginia Chamber of Commerce, Computerworld Magazine Honors Laureate, Magic Quadrant market leader by analyst firm Gartner Research, and a market leader by analyst firm META Group.

About Plateau: Plateau is the leading provider of enterprise software that manages learning and organizational readiness. Plateau 4 Learning Management System (LMS) is built on Web-based J2EE architecture, and is the engine behind the largest LMS initiatives in the corporate, non-profit and government markets. Plateau's software is being used to manage learning and improve human performance at organizations including the American Red Cross, General Electric, the Internal Revenue Service and the U.S. Air Force. Plateau is listed as a leader in LMS evaluations from Gartner Inc. and META Group.

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