- CEO Norman G. Snyder Named Entrepreneur of the Year Finalist by Ernst & Young -
ANNAPOLIS JUNCTION, MD, June 10, 2002 -Conquest, Inc., a premier provider of enterprise architecture, large-scale systems and software technology solutions to Federal and commercial clients, announced today that it achieved a 300 percent growth rate in the past year, the highest in the company's 13-year history.For the seventh consecutive year, the privately held company, which currently employs 140 people, has nearly doubled its revenue and this year increased its total contract backlog to $250 million over the next three years.In recognition of his contributions to the business world, Conquest CEO and co-founder Norman G. Snyder was recently named a finalist in Ernst & Young's annual Entrepreneur of the Year awards program. Conquest
has increased its number of contracts to 20, and projected revenues of $50 million for fiscal year 2002.The company has secured major contracts in the intelligence community, including a prime contract with a U.S. intelligence agency for systems engineering and technical assistance (SETA) support, two General Services Administration (GSA) contracts to build systems infrastructure for data transfer across the intelligence community, and one of the world's largest enterprise architecture projects with multiple intelligence agencies to provide enterprise architecture and modernization. "Conquest is opening the eyes of our customers to the fact that there is such a thing as a credentialed company in the intelligence technology community that is nimble, innovative, and gets the job done on time," commented Norman G. Snyder, CEO and co-founder of Conquest, Inc."Our continued aggressive growth demonstrates that the market demands what we provide -integrated solutions that address the needs of an entire organization, not just quick fixes.
In recognition of Conquest's success, Norman G. Snyder
was recently chosen as a finalist to compete for the 2002 Maryland Entrepreneur of the Year award.Presented by Ernst & Young
, the awards are given annually to acknowledge great business achievements around the world.Mr. Snyder
was chosen as one who exemplifies "the entrepreneurial spirit -the incredible depth and character that entrepreneurs possess as they develop new technologies, create faster ways to distribute goods and services, and improve the quality of life for people around them."Award recipients will be announced on June 19th in Baltimore.
Conquest attributes much of its success to its corporate culture that has served to attract and retain some of the top talent in the industry.Eighty-five percent of Conquest
employees are referred by existing employees and Conquest credits its low attrition rate to substantial benefits packages and the creation of a cohesive work environment.Company-wide social activities include golf tournaments, picnics, holiday parties and welcome breakfasts for each new employee.Additionally, Mr. Snyder
holds a meeting at least once per quarter to keep his
employees well informed of the progress of Conquest