QVDX Quovadx (MM)

Quovadx, Inc. (Nasdaq: QVDX), a global software and vertical solution company, today announced that it has been named to Deloitte's prestigious Colorado Technology Fast 50 Program, a ranking of the 50 fastest growing technology, media, telecommunications and life sciences companies in Colorado by Deloitte & Touche USA LLP, one of the nation�s leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2001�2005; based on that criteria, Quovadx ranked 32 on the Colorado Technology Fast 50 this year. To qualify for the Colorado Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2001 and $5,000,000 in 2005, be headquartered in Colorado, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify. �Deloitte�s Colorado Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today�s very competitive technology environment,� said Kurt J. Randall, Colorado Technology, Media and Telecommunications Leader, Deloitte Tax LLP. �We applaud the successes of Quovadx and acknowledge it as one of the very few to accomplish such a fast growth rate over the past five years.� Winners of the 16 regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte�s Technology Fast 500 program, which ranks North America�s top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte�s Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com. About Quovadx Quovadx (Nasdaq: QVDX) offers software and services for system development, extension, integration and analysis to enterprise customers worldwide. Quovadx has three divisions, including the Integration Solutions division (ISD), which offers private and public healthcare organizations software infrastructure to facilitate system interoperability and leverage existing technology, the CareScience division, which provides care management and analytical solutions to hospitals and health systems and pioneered regional healthcare information organization (RHIO) technology, and the Rogue Wave Software division, which provides software and services for enterprise-class application development. Quovadx serves companies in the healthcare, financial services, telecommunication and public sectors. For more information, please visit http://www.quovadx.com. About Deloitte Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other�s acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names �Deloitte,� �Deloitte & Touche,� �Deloitte Touche Tohmatsu� or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein. Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP. Quovadx, Inc. (Nasdaq: QVDX), a global software and vertical solution company, today announced that it has been named to Deloitte's prestigious Colorado Technology Fast 50 Program, a ranking of the 50 fastest growing technology, media, telecommunications and life sciences companies in Colorado by Deloitte & Touche USA LLP, one of the nation's leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2001-2005; based on that criteria, Quovadx ranked 32 on the Colorado Technology Fast 50 this year. To qualify for the Colorado Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2001 and $5,000,000 in 2005, be headquartered in Colorado, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify. "Deloitte's Colorado Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today's very competitive technology environment," said Kurt J. Randall, Colorado Technology, Media and Telecommunications Leader, Deloitte Tax LLP. "We applaud the successes of Quovadx and acknowledge it as one of the very few to accomplish such a fast growth rate over the past five years." Winners of the 16 regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte's Technology Fast 500 program, which ranks North America's top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com. About Quovadx Quovadx (Nasdaq: QVDX) offers software and services for system development, extension, integration and analysis to enterprise customers worldwide. Quovadx has three divisions, including the Integration Solutions division (ISD), which offers private and public healthcare organizations software infrastructure to facilitate system interoperability and leverage existing technology, the CareScience division, which provides care management and analytical solutions to hospitals and health systems and pioneered regional healthcare information organization (RHIO) technology, and the Rogue Wave Software division, which provides software and services for enterprise-class application development. Quovadx serves companies in the healthcare, financial services, telecommunication and public sectors. For more information, please visit http://www.quovadx.com. About Deloitte Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu" or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein. Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.