LAURUS TECHNOLOGIES NAMED 27th FASTEST GROWING COMPANY IN CHICAGO

Ranking in Crain’s Chicago Business Validates Firm’s Investment in Engineering Talent and Focus on Customer Satisfaction

ITASCA, Ill.--(BUSINESS WIRE)--Laurus Technologies, a privately-held Itasca, Ill.-based IT systems integration and consulting firm, has been named to the Fast Fifty list for 2010 as published recently in Crain's Chicago Business. This is the third consecutive year that Laurus was named to the list.

 The Crain’s Fast Fifty list ranks the Chicago metropolitan area's fastest growing public and private companies based on revenue growth between 2005 and 2009. Laurus Technologies ranked 27th on the list, posting an impressive 210% overall growth since 2005.

This is the second honor for Laurus Technologies in a month. Two weeks ago, Laurus Technologies was named to CRN Magazine’s VAR 500 list of North America’s Largest Solution Providers.

“Despite the challenging economic conditions in 2009, we were confident that continuing to invest in our engineering staff was the right approach for our customers," said John Udelhofen, co-founder and CEO of Laurus Technologies. "We knew that if we continued to serve our customers, they would continue to trust us with their business."

Unlike most technology resellers, Laurus Technologies has invested to build and maintain one of the industry’s highest ratios of engineers and consultants to customers. The result is a customer base that relies on the firm for a broad range of technology consulting engagements, including IT cost reduction efforts, data center assessments and optimization, storage and server deployment and business application consulting for major ERP.

The company has demonstrated that it plans to continue on its growth record. In the first half of this year, Laurus Technologies launched several new initiatives to better serve customers while taking advantage of the improving market for IT products and services, including:
  • Formation of a Managed Services group that offers managed storage, third-party maintenance, hosting services, messaging and collaboration, remote infrastructure management and managed security services
  • A move to a new headquarters location, enabling the firm to increase its hardware integration and equipment test lab facilities
  • The launch of its Customer Portal that enables customers to track equipment inventory, warranty information, end-of-life notifications and software license data.
  • Establishment of new partner relationships with HP, Dell and EMC to provide customers with a wider range of world-class hardware and software technologies
About Laurus Technologies:

Laurus Technologies is an IT services and business consulting firm that leverages its expertise to identify and solve business challenges. Laurus’ goal of a 100% referenceable customer base has resulted in the company becoming one of the fastest growing solution providers in the U.S. Laurus people are experts in managing the growing complexity of digital content and data, developing security and compliance solutions, and managing enterprise master data. The company’s strength is its combination of business knowledge, technical talent and strong focus on customer business objectives.

Based in metropolitan Chicago, Laurus serves customers in the Midwest and beyond. For further information, please visit our website at www.laurustech.com.


Contacts

Laurus Technologies
Steve Susina
Director of Marketing
630-521-8932
Ssusina@LaurusTech.com

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