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FOR IMMEDIATE
RELEASE
CONTACT:
Rannie
Yoo
(415) 777-4000
rannie@kohnkecomm.com
MYTHIC
ENTERTAINMENT NAMED ONE OF VIRGINIA’S
FASTEST GROWING TECHNOLOGY COMPANIES
IN
DELOITTE & TOUCHE’S TECHNOLOGY FAST 50 PROGRAM
TWO
YEARS IN A ROW
Returning Winner Attributes 4300 Percent Revenue
Growth
to Increasing
Number of “Dark Age of Camelot” Subscribers
FAIRFAX, VA – September 29, 2003 – 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.
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