OakTree Solutions Named One of America's Fastest Growing Technology Companies by Washington Technology for 2nd Straight Year
RESTON, VA - September 17, 2007 - OakTree Enterprise Solutions, Inc., (www.oaktreesolutions.com), a premier provider of Information Technology Support Services, has been named to the prestigious Washington Technology Fast 50 for the second straight year. The Washington Technology Fast 50 is a ranking of the 50 fastest growing small businesses by Washington Technology, one of the nation's leading government technology publications. Rankings are based on the percentage of growth of government revenues over five years, from 2002-2006. OakTree Solutions placed 31st in the country with compound annual revenue growth of 76.66% percent. The entire list can be seen here http://www.washingtontechnology.com/smallbusiness/fast50/2007/ .
"We are honored to be recognized again by Washington Technology as one of the fastest growing government contractors," said David Ferguson, Founder and CEO of OakTree Solutions. "Since our first listing on the Fast 50 in 2006, many of our customers and partners have congratulated us on our ranking. Our goal this year was to earn a higher ranking than #37 on the list and we achieved this goal. Our technology expertise and continued commitment to customer service have resulted in us pursuing and securing opportunities within the Federal Government. The Fast 50 recognizes our success in 2006 but we have also had success in 2007. This year we have expanded our Federal contract base and also re-launched our Managed Services offerings, which give us a great chance of being on the list next year as well. Our expected release of OakTree Navigator 2008 in late October should launch us in FY 2008 and create even more growth for the company. By expanding our service offerings and strengthening our employee base, OakTree Solutions continues to be positioned for growth for many years to come.”
OakTree Solutions, is an SBA Certified 8(a)/Small Disadvantaged Business (SDB) with Facility and Personnel clearances. OakTree Solutions has consistently demonstrated its strength by successfully delivering Information Technology (IT) support, operations, networking, and help desk services in demanding IT environments such as the Treasury Department, Defense Information Systems Agency (DISA), Department of Justice (DOJ), Department of Defense (DoD) Agencies, and Health & Human Services (HHS). Through disciplined growth, OakTree Solutions has built a corporation founded on sound management principles and focused on delivering expert IT operations services to the federal government. OakTree Solutions is a small business with the unique advantages of proven financial, managerial, and strategic maturity.
"The companies on the Fast 50 represent some of the most innovative and leading edge firms in the government market. Their growth rates are impressive and highlight the strength and vitality of the public sector," said Nick Wakeman, editor of Washington Technology.
Washington Technology announced its Fast 50 rankings of the most successful small businesses in the government information technology market in its annual Small Business issue published on September 17, 2007.
About OakTree Enterprise Solutions, Inc.
OakTree Solutions, an Information Technology solutions provider, offers services and software spanning the entire realm of IT Services Management (ITSM), including Help Desk/Service Desk support services, IT LAN/WAN operations and maintenance, ITIL implementation, and Business Technology Optimization services. Headquartered in Reston, VA, United States, OakTree provides a wide range of expertise including planning, implementation, and operations and maintenance of enterprise systems management solutions. OakTree Solutions' flagship software product is OakTree Navigator (ON), an ad-hoc reporting and trend analysis tool that operates as a third-party add-on for CA's Unicenter TNG eBusiness management solution. For more information, visit, http://www.oaktreesolutions.com
About Washington Technology
Washington Technology, published by PostNewsweek Tech Media, is the only national newspaper for government IT systems integrators and resellers. It delivers essential business news to 40,100 business executives whose companies provide high-level technical services to the government. Published bi-monthly since 1986, each issue features the latest contracting wins, government initiatives and projects, case studies and analyses and fresh technology news. Visit http://www.washingtontechnology.com for more information.