CSG Attributes International Market Expansion and Aligning Product Offerings
to Support Content-Based Services to Its 36 Percent Revenue Growth
ENGLEWOOD, Colo., Oct. 5 /PRNewswire-FirstCall/ -- Global customer care
and billing solutions provider CSG Systems (Nasdaq: CSGS) today announced that
it has been named to Deloitte's prestigious Technology Fast 50 Program for
Colorado, a ranking of the 50 fastest-growing technology companies in the area
by Deloitte & Touche LLP, one of the nation's leading professional services
firms.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020627/CSGSLOGO)
This year's Colorado Technology Fast 50 program is sponsored by Holme
Roberts & Owen LLP and The Denver Business Journal. Rankings are based on the
percentage of growth in fiscal year revenues over five years, from 1999 -
2003.
CSG's Chairman and CEO Neal Hansen credits CSG's expansion into
international markets and aligning the company to support telecommunications
service providers' goal to offer new services over advanced networks with the
company's 36 percent revenue growth from 1999 - 2003.
"Since CSG expanded its business to international markets in 2002, we've
been able to capitalize on new opportunities for revenue in markets such as
India, China and Western Europe," said Hansen. "In addition,
telecommunications service providers worldwide are continuing to offer
convergent services over advanced networks. As our customers expand their
service offerings and the number of subscribers they serve, CSG continues to
play a key role in supporting their business needs."
CSG's increase in revenues of 36 percent from 1999 to 2003 resulted in a
number 50 ranking in Colorado.
"To succeed during prosperous times is one thing; to succeed in adversity
is much more challenging, and that's exactly what the Deloitte Technology Fast
50 winners have done. We applaud CSG Systems for its tremendous
accomplishments during economically challenging times and for being one of the
elite Fast 50 companies in Colorado," said Steve Yaroch, Chair of the 2004
Colorado Technology Fast 50 & Colorado Technology, Media Telecommunications
Practice Leader, Deloitte & Touche LLP.
To qualify for the Colorado Technology Fast 50, companies must have had
operating revenues of at least $50,000 in 1999 and $1,000,000 in 2003, must be
public or private companies headquartered in Colorado, and be a "technology
company" defined as owning proprietary technology that contributes to a
significant portion of the company's operating revenues (using other
companies' technology in a unique way does not qualify); and/or devoting a
significant proportion of revenues to the research and development of
technology.
Winners of the 19 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
companies. For more information on the Fast 50 or Fast 500 programs, visit
http://www.fast500.com.
About CSG Systems
With worldwide headquarters in Englewood, Colo., CSG Systems is a
subsidiary of CSG Systems International, Inc. (Nasdaq: CSGS). CSG and its
wholly-owned subsidiaries serve telecommunications service providers in more
than 40 countries. CSG is a leader in next-generation billing and customer
care solutions for the cable television, direct broadcast satellite, advanced
IP services, next generation mobile, and fixed wireline markets. CSG's unique
combination of proven and future-ready solutions, delivered in both outsourced
and licensed formats, empowers its clients to deliver unparalleled customer
service, improve operational efficiencies and rapidly bring new
revenue-generating products to market. For more information, visit our
website at http://www.csgsystems.com.
About Deloitte
Deloitte, one of the nation's leading professional services firms,
provides audit, tax, financial advisory services and consulting through nearly
30,000 people in more than 80 U.S. cities. Known as an employer of choice for
innovative human resources programs, the firm is dedicated to helping its
clients and its people excel. "Deloitte" refers to the associated
partnerships of Deloitte & Touche USA LLP (Deloitte & Touche LLP and Deloitte
Consulting LLP) and subsidiaries. Deloitte is the US member firm of Deloitte
Touche Tohmatsu. For more information, please visit Deloitte's web site at
http://www.deloitte.com/us.
SOURCE CSG Systems
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Related links:
http://www.csgsystems.com
http://www.fast500.com http://www.deloitte.com/us
Photo Notes:
NewsCom:
http://www.newscom.com/cgi-bin/prnh/20020627/CSGSLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
CONTACT:
Elise Brassell, +1-303-804-4962,
elise_brassell@csgsystems.com, or Liz Bauer, Investor Relations,
+1-303-804-4065, liz_bauer@csgsystems.com, both of CSG Systems
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