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Mythic Makes Deloitte & Touche's Fast 50 Second Year in a Row

Posted on Tuesday, September 30, 2003 @ 11:34:11 pm E.S.T

Mythic Entertainment, developer and publisher of the award-winning massively multiplayer online game "Dark Age of Camelot," is named a returning winner of Deloitte & Touche's prestigious Technology Fast 50 Program for Virginia, a ranking of the 50 fastest growing technology companies in the area by Deloitte & Touche, one of the nation's leading professional services firms. Rankings are based on the percentage of growth in fiscal year revenues over five years, from 1998-2002.

"Since the launch of 'Dark Age of Camelot,' we have experienced incredible growth," said Mark Jacobs, president and CEO of Mythic Entertainment. "When Mythic was chosen for Technology Fast 50 last year, we had a subscriber base of 60,000. Due to the continued worldwide success of our game, we now have 235,000 gamers playing 'Dark Age of Camelot.' The numbers speak for themselves."

Mythic Entertainment's increase in revenues of 4300 percent from 1998 to 2002 resulted in a six ranking overall in the Fast 50 for Virginia, an improvement from the previous year's ranking of 20.

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 1998 and $1,000,000 in 2002, must be public or private companies headquartered in North America, 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 research and development of technology.

Winners of the 20 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte & Touche Technology Fast 500 program, which ranks North America's top 500 fastest growing technology companies. For more information on the Deloitte & Touch Fast 50 or Fast 500 programs, visit www.fast500.com.

About Mythic Entertainment
Mythic Entertainment is one of the most successful online game developers in the industry today. Credited with 13 online games, including the award winning "Dark Age of Camelot," Mythic has played a major part in the evolution of the online game industry. The company's other titles are some of the most popular online-only games of all time, including "Aliens Online," "Starship Troopers: Battlespace," "Godzilla Online," "Silent Death Online," "Rolemaster: Magestorm," "Darkness Falls," "Splatterball" and "Dragon's Gate." Mythic was named one of Deloitte & Touche's national "Technology Fast 500" companies, and regional "Technology Fast 50" companies. For more information about Mythic Entertainment, visit www.mythicentertainment.com.

About Deloitte & 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 80 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 six 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.

Posted By: Adam Paoli - 88 Reads


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