October 7, 2003

Aspen Systems is named one of Colorado's fastest growing technology companies

Leslie Cook writes "Wheat Ridge, Colorado, October 3, 2003 - Aspen Systems, Inc., a leader in the custom design, manufacture and service of a wide array of Linuxî-based high-performance computing solutions, is named to Deloitte & Touche's prestigious Technology Fast 50 Program for Colorado, a ranking of the 50 fastest growing technology companies in the area by Deloitte & Touche LLP. Rankings are based on the percentage of growth in fiscal year revenues over five years, from 1998-2002.

Aspen Systems' CEO, Mr. Steven Spring, credits a high level of knowledge, experience, and commitment by its employees with the company's fast growth over the past five years. He said, "Because of the employees' strong dedication, Aspen Systems has been very successful over the last five years and will continue to grow into the future."

"The Deloitte & Touche Colorado Technology Fast 50 companies have shown the strength, vision and temerity to grow despite a very challenging technology environment," said Steve Yaroch of Deloitte & Touche's Colorado Technology, Media & Telecommunications Practice. "We applaud the successes of Aspen Systems and acknowledge their place as one of the very few to accomplish such a fast growth rate over the past five years."

Aspen Systems' increase in revenues of 56 percent from 1998 to 2002 resulted in a 44 ranking overall in the Fast 50 for Colorado. The average increase in revenues among companies who made the Fast 50 for this region was 527 percent.

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 2003, 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; and 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 & Touche Fast 50 or Fast 500 programs, visit www.fast500.com.

About Aspen Systems
Aspen Systems, Inc., a privately held corporation, has been serving the high-performance, technical computing community with expertise in custom computer hardware design, manufacturing and service for over 20 years. Their expertise includes a variety of high-performance technical computing disciplines with emphasis on serving the needs of advanced technical computing users and corporations that use the most demanding applications.
Aspen Systems has built their reputation, as a leading provider of Beowulf clustering solutions by offering multiple configurations with a choice of processors and connectivity for specific performance needs. First class technical support and state-of-the-art products allows Aspen Systems to create and support the high-performance solutions that customers in the Weather Modeling, Financial Modeling, Chemistry, Physics, Mathematics, Bio-tech, and Geophysics Research fields (among other compute-intensive parallel markets) demand. For more information about Aspen Systems, visit their website at www.aspsys.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."

Link: aspsys.com

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