iDirect Technologies Named One Of The Ten Fastest Growing Companies In The Washington D.C. Metro Area

Herndon, VA. November 7, 2006 – iDirect Technologies Inc (iDirect), a company of VT Systems Inc, was recognized by the Washington Business Journal, the premier publication for Washington DC based business, as one of the fastest growing companies in the DC area.  The award was given at a ceremony on October 17th in Washington DC.  Rankings are based on the percentage revenue growth over three years from 2003 – 2005.  In this time period iDirect achieved average annual revenue growth of 113.8%. 

iDirect provides the industry’s leading satellite-based broadband access solutions.  The iDirect solution delivers all the benefits of the next generation IP network beyond the constraints of the wired world.


"This is another great honor for the iDirect team.  It’s always exciting to be recognized for our fast growth, but it’s particularly gratifying in the D.C. area where there are so many successful high-growth companies.  Our ability to maintain such strong, consistent growth over such a long period of time is a real testament to the dedication of the entire iDirect organization.”


~ John Kealey
President and CEO, iDirect Technologies


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iDirect Technologies, a subsidiary of VT Systems Inc,  designs, develops, and markets satellite-based broadband access solutions targeted at the enterprise, government, carrier and educational sectors that have the need for fast, flexible, and geographically dispersed two-way internet/intranet access. The company has developed technology solutions that combine high performance, worldwide availability, and ease of installation, high reliability, and low cost to end customers. In addition, iDirect solutions offer unprecedented efficiencies, increased revenue opportunities and higher per customer gross margins to satellite network operators. iDirect was included in the Deloitte & Touche Technology Fast 500 list of the fastest-growing US technology companies and one of Virginia's top 50 fastest growing technology companies for both 2003 and 2004. iDirect operates its corporate headquarters in Herndon, Virginia and has regional offices in Europe, Asia, and covering Latin America. Additional information is available on the company website at www.idirect.net

VT Systems Inc and its subsidiaries are preferred providers of engineering solutions, products, integrated systems, and services in the Americas across the core business areas of marine, aerospace, electronics and land systems. Headquartered in Alexandria, Virginia, VT Systems operates throughout North America and offers a broad range of proven innovative services to both the commercial and government sectors. VT Systems is a wholly owned subsidiary of Singapore Technologies Engineering Ltd.
Please visit www.vt-systems.com.

Media Contacts:  
Jon Douglas
iDirect Technologies
Tel: (1-703) 648-8042
Fax:  (1-703) 648-8015
Email: jdouglas@idirect.net

Carol Hrovoski
Corporate Communications Manager
VT Systems
Tel:  (1-703) 739-2610
Fax:  (1-703) 739-2611
Email:  chrovoski@vt-systems.com