SOLARC RECEIVES SECOND GROWTH AWARD FROM HOUSTON BUSINESS JOURNAL

 

HOUSTON (Nov. 11, 2008) - SolArc is pleased to announce being named one of Houston's fastest-growing technology companies in the annual FastTech 50 list recently published by the Houston Business Journal. FastTech 50 recognizes the fastest-growing technology companies in the Houston area based on percentage of revenue growth in 2007, and SolArc is ranked No. 45 on the list.

 

The FastTech 50 award for growth in the technology sector follows the September announcement that SolArc is ranked No. 33 on the Fast 100 list, which recognizes Houston area private companies in all industries based on two-year revenue growth.

 

"The FastTech 50 award is significant for SolArc because the Houston area is home to many high-performing technology companies," said Brad Anderson, SolArc chief executive officer. "For 17 years, we've been focused on becoming the leading global provider of enterprise commodity management solutions by delivering the best possible solutions for mission-critical commodity trading and risk management challenges. The rapid growth of SolArc over the past two years is testament to the commitment and dedication of our employees to meet and exceed our customers' needs."

 

Eric Johnson, SolArc's vice president of marketing, added, "It's a significant achievement for SolArc to be recognized in this highly competitive market. We're very pleased to have been included in this year's FastTech 50 and Fast 100 rankings and congratulate the other companies that have also been honored in this way."

 

The Houston FastTech 50 awards are presented annually to recognize thriving technology companies. Sponsors include Pannell Kerr Forster of Texas and the Houston Business Journal, along with Pierpont Communications, Oracle, Phillips & Reiter, Fox 26 KRIV, Capital One Bank, the Houston Technology Center, and the Rice Alliance for Technology and Entrepreneurship.

 

About SolArc
SolArc, Inc. is a global provider of commodity trading and risk management solutions for leading companies in commodity-intensive markets. SolArc's integrated software solution offers customers greater insight and control over their complex commodity supply and trading environments, delivering higher operational effectiveness and profitability at lower risk.

 

Since 1991, SolArc has become a trusted solution provider for an international clientele of more than 50 leading corporations across a range of vertical industries, including energy, transportation, finance, aviation, agriculture and consumer goods around the globe. SolArc is headquartered in Houston and has offices in Dallas, Tulsa, London and Singapore.

 

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