| ViewCast Named One of Texas's Fastest-Growing Technology Companies in Deloitte Texas Crescent Technology Fast 50 Program
Industry-Leading Video and Audio Communications Products Drive 178% Revenue Growth
DALLAS
— Sept. 21, 2004 — ViewCast Corporation (OTCBB:VCST - News) has been named to Deloitte's prestigious Technology Fast 50 Program, a ranking of the 50 fastest-growing technology companies in the State of Texas by Deloitte & Touche USA LLP, 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 1999-2003.
ViewCast's CEO George Platt credits the company's leading-edge technology in video and audio communications products, including its Osprey� video capture cards and Niagara� video encoders and servers, for the company's 178% percent revenue growth from 1999-2003. "Our products uniquely address the video capture, processing, and delivery requirements for a variety of dynamic industries," he said. "Our success is due to the hard work of a lot of dedicated individuals here at ViewCast, and I know that with their continued efforts, the best is yet to come."
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 1999 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 (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.
"In an era where technology companies come and go, making the Deloitte Fast 50 is a testament to a company's vision that allows growth over five years," said Skip Moore, Regional Managing Partner for the Technology, Media & Telecommunications Group at Deloitte & Touche USA LLP. "ViewCast's leadership has the right stuff for growth, and Deloitte salutes their accomplishments."
Winners of the 19 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte Technology Fast 500 program, which ranks North America's top 500 fastest growing technology companies. For more information on the Fast 50 or Fast 500 programs, visit www.fast500.com.
This year's Texas Crescent Technology Fast 50 program is presented by Deloitte & Touche USA LLP, one of the nation's leading professional services firms, and its Fast 50 sponsors Haynes & Boone, NASDAQ, and Comerica Bank.
To learn more about video communications solutions from ViewCast, visit www.viewcast.com.
About
Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu," or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.
Deloitte & Touche USA LLP is the U.S. member firm of Deloitte Touche Tohmatsu. In the U.S., services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Tax LLP, and their subsidiaries), and not by Deloitte & Touche USA LLP.
About
ViewCast Corporation
ViewCast develops a variety of software, hardware and services
for network audio and video communications, including Osprey®
Video capture cards, Niagara® streaming encoders/servers
and Viewpoint VBX switches and gateway, and provides professional
IT services through its wholly owned subsidiary Delta Computec
Inc.
Visit
the company's Web site (http://www.viewcast.com)
for more information.
Safe
Harbor Statement
Certain statements, including those made by George Platt
and those regarding business outlook, contain "forward-looking"
information within the meaning of Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended, which reflect the Company's
current judgment on certain issues. Because such statements
apply to future events, they are subject to risks and uncertainties
that could cause the actual results to differ materially.
Important factors which could cause the actual results to
differ materially include, without limitation, the following:
the ability of the Company to service its debt; continued
significant losses by the Company; the ability of the Company
to develop and market new products as technology evolves;
the ability of the Company to meet its capital requirements;
increased competition in the video communications market;
the ability of the Company to maintain current and develop
future relationships with third party resellers, manufacturers
and suppliers; the ability of the Company to meet governmental
regulations; and the ability of the Company to obtain and
enforce its patents and avoid infringing upon third parties'
patents. The company will not update the guidance or targets
given in these statements during the quarter or comment
on its progress in the quarter to analysts or investors
until after it has closed its books on the quarter. For
a detailed discussion of these and other cautionary statements
and factors that could cause actual results to differ from
the Company's forward-looking statements, please refer to
the Company's Prospectus filed on July 14, 2000 and its
reports on Form 10-K and 10-Q on file with the Securities
and Exchange Commission.
ViewCast
and Niagara are registered trademarks of ViewCast Corporation
Niagara SCX and SimulStream are trademarks of ViewCast Corporation
Osprey is a registered trademark of Osprey Technologies,
Inc.
All other trademarks are property of their respective holders.
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