2003 Fast 50

30: Applied Data Systems, Inc.
Location: Columbia, Md.
Annual growth rate: 0.667766353
2002 Revenue: 8,982,000
2001 Revenue: 10,538,000
2000 Revenue: 5,380,000
1999 Revenue: 3,469,000
1998 Revenue: 1,161,000
Leadership: Robert Olsen, president and CEO
Number of employees: 45
Website: www.applieddata.net
Lines of business: Manufacturer of ruggedized computer equipment
Major customers: Department of Defense
Major contracts/projects: Applied Data Systems built a ruggedized PDA that recognizes phrases that was used by troops in Iraq.