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FOR IMMEDIATE RELEASE
Alan Fogg
Director of Communications
afogg@fceda.org, 703-790-0600 (o) or 571-213-5065 (m)                                               

Five Fairfax County tech companies make Hispanic Business top 50 list, FCEDA says

More big Hispanic-owned tech firms here than any other U.S. locality and more in Virginia than any other state

Fairfax County, Virginia, August 2, 2002 — Five Fairfax County-based companies are on the latest Hispanic Business magazine list of the 50 largest Hispanic-owned technology businesses in the United States. Fairfax County has more companies on the list than any other locality in the U.S., thanks to the county’s proximity to Washington, D.C., and also to efforts that support minority-owned companies.

The High-Tech 50 list is in the July/August issue of Hispanic Business. In all, 10 Virginia companies are on the list, making it the state with the highest number of ranked firms. Three companies are from Maryland and one is from Washington, D.C. The rankings are based on 2001 company revenues.

In its June issue, Hispanic Business published a list of the 500 largest Hispanic-owned firms of all types. That list included 10 companies from Fairfax County, including the five from the High Tech 50 list. In all, 20 Virginia companies are on the Hispanic Business 500 list, as are five companies from Maryland and four from Washington, D.C. 

"Hispanic-owned companies, like so many others, have recognized Fairfax County's proximity to the federal government can help them succeed," said Gerald L. Gordon, president and CEO of the Fairfax County Economic Development Authority (FCEDA). "Fairfax County also has made a commitment to become the premiere home for minority-owned businesses and this is proof that our efforts are working."

The county is home to seven companies on Black Enterprise magazine’s 2002 list of the 100 largest companies owned by African-Americans. Fairfax County also is home to more than 10,600 Asian and Pacific Islander-owned firms, nearly half the total in Virginia, according to U.S. Census Bureau figures released in 2001.

The FCEDA has a program designed to assist small, minority and woman-owned firms. The FCEDA also created the Emerging Business Forum (www.emergingbusinessforum.org) to help minority and female entrepreneurs gain better access to capital sources, partners, customers and mentors. The second Forum is set for October 20-22 at the Fairview Park Marriott in Falls Church, Virginia.

The FCEDA (www.FairfaxCountyEDA.org) promotes Fairfax County, minutes from Washington, as a business and technology center. The FCEDA assists businesses by identifying possible sites and facilities, and is a source for up-to-date demographic and economic statistics. The FCEDA maintains marketing offices in London, Frankfurt and Tokyo.

Fairfax County companies on the 2002 Hispanic Business Tech 50 list, and their rankings:

20. Geologics

28. BRTRC, Inc.

38. Systems Engineering Technologies Corp

40. Kemron Environmental Services, Inc.,

49. Tessada & Associates, Inc.,

Fairfax County businesses on the 2002 Hispanic Business 500 list and their rankings:

108. Kfoury Construction Group.

142. Geologics.

155. Priority One Services, Inc.

212. BRTRC, Inc.

256. Professional & Scientific Associates, Inc.

267. Systems Engineering Technologies Corp.

270. Kemron Environmental Services, Inc.

344. Tessada & Associates, Inc.

415. MAC Aerospace Corp.

493. Interamerica Technologies, Inc.

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