2005 Fast 50

23: Paloma Systems Inc.
Location: Annandale, Va.
Annual growth rate: 98.54%
2004 Revenue: 10,100,000
2003 Revenue: 7,220,000
2002 Revenue: 2,070,000
2001 Revenue: 1,460,000
2000 Revenue: 650,000
Leadership: Isabel C. Pedrozo, president and CEO
Number of employees: 95
Website: www.paloma.com
Lines of business: Systems engineering and integration, communications engineering and installation, Web and database design and implementation and program management/technical source selection support
Major customers: Defense Information Systems Agency, Treasury Department, Environmental Protection Agency and Overseas Private Investment Corporation
Major contracts/projects: Paloma is providing voice engineering services as a subcontractor to the Environmental Protection Agency under a $4.2 million contract that began December 2002. The company is also integrating video teleconferencing sites worldwide for the Defense Information Systems Agency under a $2.6 million contract that began February 2005. DISA also hired Paloma to provide secure video teleconferencing under a $998,000 contract that began October 2003.