GREENBELT, Md., October 10, 2007 Gryphon Technologies, LC, has been named to Deloitte’s prestigious Technology Fast 50 Program for Maryland, a ranking of the 50 fastest growing technology, media, telecommunications, and life sciences companies in Maryland 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 2002–2006. This year’s Maryland Technology Fast 50 program is presented by Deloitte and sponsored by WilmerHale, NASDAQ and SmartCEO.

Gryphon’s CEO, P.J. Braden, credits strategic planning as a major contributor to Gryphon’s growth and corporate focus with the company’s 174 percent revenue growth from 2002-2006. Braden said, “Gryphon Technologies has sustained our rapid growth by staying focused on corporate objectives to provide superior service and value to our National Security clients.”

Gryphon’s increase in revenues of 174 percent from 2002 to 2006 resulted in a 31 ranking in the Technology Fast 50 for Maryland.

“To rank on Deloitte’s Technology Fast 50, companies must have phenomenal revenue growth over five years. Gryphon Techonlogies LC has proven to be one of the fast-growth success stories in Maryland, and we applaud their dedication to making their vision a reality.” Gary H. Tabach, Managing Partner of Deloitte’s Greater Washington practice.

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006, be headquartered in Maryland, 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.

Companies from the 16 regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte’s Technology Fast 50 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 Gryphon Technologies
Gryphon, headquartered in Greenbelt, Maryland, is a dynamic company committed to serving the national security interests of our country by combining cutting edge technologies with imagination and dedication. For over 9 years, the Company has designed, integrated, maintained, and upgraded state-of-the-art systems for the Department of Defense. Gryphon also provides many of its government clients with the systems analysis, integration, and program management skills necessary to manage the development and operations of their mission critical systems.

Gryphon’s goal is to be a premier technical services firm supporting national security.

Media Contact:
C.J. Davis
Gryphon Technologies, L.C.
240-387-1000 Ext 220