2005 Fast 50

50: Ascellon Corp.
Location: Landover, Md.
Annual growth rate: 45.80%
2004 Revenue: 4,535,844
2003 Revenue: 1,047,244
2002 Revenue: 830,905
2001 Revenue: 1,630,913
2000 Revenue: 1,003,713
Leadership: Ade Adebisi, president and CEO
Number of employees: 45.00
Website: www.ascellon.com
Lines of business: Technology implementation, application development, information security infrastructure, quality assurance, data analysis and other analytical and consulting services
Major customers: Navy, Health and Human Services Department, Washington, D.C. government and Army
Major contracts/projects: Ascellon is providing federal monitoring and oversight services in long-term care facilities for the Health and Human Services Department under a $21 million contract awarded September 2003. The company also provides analytical support services for the Psychiatric Hospital Federal Monitoring Oversight under a $12 million contract awarded September 2003.
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