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Cascades Technologies, Inc. (CTi), Recognized as One of Virginia's "Fantastic 50", Ranked Seventh overall, Fourth in Technology


HERNDON, VA – May 3, 2007 — Cascades Technologies, Inc. (CTi), an 8(a) federal government IT and professional services provider, today announced that it has been recognized by the Virginia Chamber of Commerce as one of the state's 50 fastest growing companies for the third consecutive year.


The names of the fastest growing Virginia companies which included CTi were announced at the 12th annual Virginia;s FANTASTIC 50 Banquet on April 26th at the Westfields Marriott in Chantilly, Virginia. Over 400 attendees at the ceremony saluted the winners for their entrepreneurial success and contribution to Virginia's economic vitality. " We are very honored to receive this award from the Virginia Chamber of Commerce," said Mr. Alfredo Casta, CTi's President and CEO. "It is evidence of the fact that our commitment to focusing on our customers' needs and delivering solutions that truly meet their requirements is paying off. We do our job when we resolve problems and drive results."

Nominations selected for the "FANTASTIC 50" come from across the Commonwealth. The program is limited to privately held firms, headquartered in Virginia, with annual revenues of between $200,000 and $100 million. Contestants are judged on a positive four-year sales revenue history. A highlight of the awards banquet was the announcement of the five Virginia Vanguard Winners-one for the highest overall growth rate, and the other four for the highest growth in the categories of Manufacturing, Retail/Wholesale, Service and Technology. CTi is pleased to be ranked fourth in the category of Technology.

Cascades Technologies, Inc. is a customer-focused, results-driven technology company that specializes in application development, systems integration, program/project management, customized consulting services and other professional services. CTi uses proven methodologies and technologies to deliver solutions that meet the specific operational requirements of its customers, on-time and within-budget. As an 8(a) certified, Hispanic-owned business, CTi's primary customers are civilian agencies within the federal government and commercial clients. They are listed on the GSA IT 70 Schedule. In addition to the Herndon headquarters, CTi has established offices in Washington, DC, Sterling, Va. and San Juan, Puerto Rico.

To learn more about Cascades Technologies, Inc. (CTi), call 703.793.7222 or visit www.cascadestech.com

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