Press Releases

VIPdesk Inc. is Named to the Deloitte & Touche Technology Fast 50

Maintaining growth and momentum, leading Virginia Company is Awarded the Fast 50 for the second time

Alexandria, VA, October 1, 2003 – VIPdesk, Inc., the leading provider of concierge programs and assistance-based loyalty solutions, today announced that it has been awarded the 2003 Deloitte & Touche Fast 50 Award for the state of Virginia. The award was given to VIPdesk to recognize the company's continued and exceptional growth over the past 5 years.

Fast 50 is 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 revenue over five years, from 1998-2002. "In an era where technology companies come and go, making the Deloitte & Touche Fast 50 is a testament to a company's vision that allows growth over five years," said Gary H. Tabach, Managing Partner, Technology, Media & Telecommunications Practice, Deloitte & Touche. The Fast 50 winners have proven they have a winning strategy for growth and we at Deloitte & Touche salute their accomplishments."

"We are honored to have been selected as one of Virginia's Fast 50 growing companies, says Mary Naylor, CEO of VIPdesk. It is also a privilege to be in the company of the other businesses whose commitment to excellence and persistence has enabled them to thrive even in a tough economic environment."

To qualify for the Technology Fast 50, companies must have had operating revenue of at least $50,000 in 1998 and $1 million 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; and/ or devoting a significant proportion of revenue to research and development of technology. Other 2002 Virginia Fast 50 Winners include: webmethods, Inc., XO Communications, Vastera, Inc. and Nextel Communications.

About VIPdesk (www.vipdesk.com)

VIPdesk is the leading concierge and loyalty program support service. Serving over 10 million customers of blue-chip companies such as JP Morgan Chase, Citibank, MasterCard, Interval International, Land Rover, and Virgin Atlantic, VIPdesk is a nationally renowned as a loyalty solution innovator – developing high-tech, high-touch private labeled solutions that produce real results.

Since its inception, the company's loyalty solution programs have expanded beyond its original award-winning concierge service offering. By leveraging its web-based service platform and 17+ years of concierge experience, VIPdesk has developed a comprehensive loyalty solution portfolio of products that include rewards, discount dining and hotel programs, incentives, and merchant network development. All of our programs are designed to service VIPdesk's clients' customer acquisition and retention objectives.

For more information, visit our website at www.vipdesk.com.

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