For the fourth straight year, Incredible Technologies, Inc. has been named to Deloitte & Touche's Greater Chicagoland Fast 50. The Fast 50 is comprised of the fifty fastest growing technology companies in Chicagoland. IT is ranked 27th on the 2003 list, three spots higher than last year. "It is an honor to be named a Fast 50 company, but it is even more incredible to receive the award four years in a row," said Elaine Hodgson, CEO. "With the help of IT's dedicated employees, I hope to keep the streak going."
To qualify for the 2003 Fast 50 list, companies must have had operating revenues of at least $50,000 in 1998 and $1,000,000 in 2002, must be a public or private company headquartered in Greater Chicagoland, and be a "technology company." A "technology company" is defined as a company that produces technology, manufactures a technology product, or devotes a high percentage of effort to research and development of technology. "To succeed during prosperous times is one thing; to succeed in adversity is much more challenging, and that's exactly what the Deloitte & Touche Technology Fast 50 winners have done," said Gerald P. Sullivan, Managing Partner of Deloitte & Touche's Chicagoland Technology Fast 50. "We applaud Incredible Technologies for its tremendous accomplishments during economically challenging times and for being one of the elite Fast 50 companies in Chicagoland."
Hodgson co-founded Incredible Technologies, Inc., with partner Richard Ditton, in 1985. Under their direction, IT has grown from a $150,000 start-up to a $60 million enterprise with over 100 programmers, artists, designers and support personnel. Their flagship product, Golden Tee Golf, is the most popular coin-operated video game in history with over 100,000 units in locations around the world. In the next 12 months Golden Tee players will generate over $1.2 billion dollars in game fees and food and beverage sales, helping small businesses in America prosper during these uncertain economic times. For more information about Incredible Technologies and Golden Tee Golf visit their website at
www.itsgames.com.
