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NEW YORK, August 23, 2007 – Inc. today ranked Summit Technology Inc., based in Athens, AL, 1002 on its first-ever Inc. 5,000 list of the fastest-growing private companies in the country. Summit Technology was also ranked Number 13 among the fastest growing companies in Alabama, and the Number 1 fastest growing consulting company in Alabama. The Inc. 5,000, an extension of Inc. magazine’s annual Inc. 500 list, catches many businesses that are too big to grow at the pace required to make the Inc. 500, as well as a host of smaller firms. Taken as a whole, these companies represent the backbone of the U.S. economy.

“The Inc. 5,000 provides the most comprehensive look ever at the most important part of the economy – the entrepreneurial part,” said Inc. 5,000 Project Manager Jim Melloan. “The expansion of the list has allowed us to tell the stories of larger companies, older companies, and a wealth of companies in industries like Manufacturing and Construction that are underreported in the business media.

About Summit Technology

Classic: A superior example of its kind. At Summit Technology, that is exactly what we are, CLASSIC. We are the CLASSIC example of a company COMMITTED to its customers’ satisfaction. We know our clients are our lifeline, for they are the only means to truly convey the Summit story. It is imperative that our customers are not only satisfied with our work, but also with the way we treat them as we work together to complete projects. Our employees recognize our COMMITMENT to excellence on every level and will work to ensure that our clients receive great results with every endeavor, regardless of its size. We are CONFIDENT in our employees and our ability to successfully meet your consulting needs!

Summit Technology was founded in 2001. The formation of this innovative company brought one of the strongest management teams and staff of senior consultants into today’s PeopleSoft marketplace. With more than 13 years of experience in Human Resource, Financials and Supply Chain applications as well as being an Application Outsourcing Provider, Summit Technology offers proven solutions to a host of your company’s ERP application requirements.

Summit Technology’s corporate office is located in Athens , Ala. , with regional offices located in Houston , Texas , and St. Louis , Mo. Summit Technology serves clients worldwide.

The 2007 Inc. 5,000, as revealed online at www.inc.com, reported median revenue of $9.4 million and median three-year growth of 140 percent. Complete information on this year’s Inc. 5,000, can be found at www.inc.com/inc5000. The list features a profile for each company, almost all of them written as a result of Inc. interviews with management. In addition, the list is searchable according to numerous criteria, including industry, city, state, region, and year founded.

Contact: Elizabeth McClary
Summit Technology, Sales/Marketing
Cell Phone: (256) 527-5422
Office: (256) 771-1656 .x157
E-Mail: emcclary@summitsti.com

HUNTSVILLE / ATHENS — The Huntsville Times named Summit Technology, Inc., the Entrepreneur of the Week for the week of Mar. 3, 2006.

The article highlights the company’s five owners; Steve Beard, Gerald Newsom, Coyt Sanders , Kevin Chowning and Glenn Baker. It also explicates Summit ’s purpose, specialization, history, secret of success, etc. Summit was nominated for the honor after the newspaper received a press release regarding a five-year contract that they signed with Children’s Health System of Birmingham, Ala.

“We are delighted to accept this honor,” said Steve Beard, Summit’s President and Chief Executive Officer, “We would like to thank The Huntsville Times for choosing to highlight Summit in this article.”

About Summit Technology

Classic: A superior example of its kind. At Summit Technology, that is exactly what we are, CLASSIC. We are the CLASSIC example of a company COMMITTED to its customers’ satisfaction. We know our clients are our lifeline, for they are the only means to truly convey the Summit story. It is imperative that our customers are not only satisfied with our work, but also with the way we treat them as we work together to complete projects. Our employees recognize our COMMITMENT to excellence on every level and will work to ensure that our clients receive great results with every endeavor, regardless of its size. We are CONFIDENT in our employees and our ability to successfully meet your consulting needs!

Summit Technology was founded in 2001. The formation of this innovative company brought one of the strongest management teams and staff of senior consultants into today’s PeopleSoft marketplace. With more than 13 years of experience in Human Resource, Financials and Supply Chain applications as well as being an Application Outsourcing Provider, Summit Technology offers proven solutions to a host of your company’s ERP application requirements.

Summit Technology’s corporate office is located in Athens, Ala., with regional offices located in Houston, Texas, and St. Louis, Mo. Summit Technology serves clients worldwide.

Contact: Elizabeth McClary
Summit Technology, Sales/Marketing
Cell Phone: (256) 777-1315
Office: (256) 771-1656 .x157
E-Mail: emcclary@summitsti.com

BIRMINGHAM/ATHENS — Children’s Health System of Alabama signed a five-year multi-million dollar support contract with Summit Technology of Athens, Ala.

The Information Technology consulting firm, which specializes in PeopleSoft human resources and financials management, hired five former Children’s Hospital employees to join a senior level management team that will completely run and support all of the hospital’s PeopleSoft applications. PeopleSoft, which was acquired by Oracle, provides comprehensive customer relationship management and enterprise resource planning software solutions to many corporations.

“At Children’s Health System, we reached the realization that because human resources, finance and payroll Information Technology applications were not core to our business, we would be much better served outsourcing this Human Resources Information Systems (HRIS) work to Summit,” said Doug Dean , CHRO of Children’s Health System in Birmingham. “The power of this move is that we have increased our control over the speed, quality and outcomes – all aimed at greatly accelerating HRIS implementations, which will get us out of the tedium of transactional human resources and into the much more critical strategic work.”

Summit will transfer all of the hospital’s hardware to its world-class hosting center, RenTech, located in Nashville , Tenn. Summit has partnered with RenTech for the past two years in order to provide its clients with a superior and less expensive hosting solution for PeopleSoft’s Human Capital Management and Financial systems.

“Summit only brings in the most highly seasoned Information Technology staff who have managed or implemented innumerable complex PeopleSoft solutions,” Dean said.  “The commitment and tenure of Summit to Children’s, as well as to their own employees, bespeaks an organization that has effectively invested in its most valuable resources.  We love this partnership.”

Steve Beard, Summit ’s president and CEO, related the contract’s success and partnership with Children’s Health System to the similar culture of both organizations.

“It is the nature of both Summit Technology and Children’s Health System to focus our attention on our clients,” said Beard. “Both organizations are blessed with staff members who maintain professional attitudes and are committed to complete teamwork.”

Beard said Summit is 100 percent committed to its clients’ success in their core business offerings and will give them the Information Technology support to achieve that.

“We feel we can provide a more efficient offering as well as a solid cost savings to many clients with a similar commitment to their core business offering,” said Beard.

Summit ’s vice president of sales, Gerald Newsom , is confident that the project will be a success and that Summit will save Children’s Health System a great sum of money over the next five years.

“I love working with the people at Children’s Health System because our organizations seem to mesh well together,” said Newsom. “I know that we will execute this project because our team is composed of some of the best and brightest talents in the PeopleSoft consulting industry.”

The team has just completed a Time and Labor implementation for the Children’s payroll system. Also slated for the coming year is a Benefits Administration implementation as well as additional PeopleSoft e-applications. All of this work will help streamline and gain efficiencies for Children’s human resource operations.

About Summit Technology

Summit Technology was founded in 2001. The formation of this innovative company brought one of the strongest management teams and staff of consultants into today’s PeopleSoft marketplace. With more than 13 years of experience in Human Resource, Financials and Supply Chain applications as well as being an Application Outsourcing Provider, Summit Technology offers proven solutions to a host of ERP application requirements.

Summit ’s executive headquarters are located in Athens, Ala., and it serves clients nationwide. For more information about Summit Technology, contact Kate Webb at 256-771-1656.

About Children’s Health System

Since 1911, Children’s has provided quality, comprehensive health care to Alabama ’s pediatric population and excludes no child in that effort. Situated in the heart of Birmingham ’s Southside, it also serves as the primary teaching facility for UAB’s Department of Pediatrics and boasts a medical research division that is second to none.

Over the last century Children’s Hospital has grown from a community hospital into a comprehensive children’s health care system that includes primary care physicians, specialists, parents, educators and child advocates.

Children’s Hospital is a 275-bed facility that cares for medical and surgical cases for newborn through 19 years of age. The 13 on-site outpatient clinics handle follow-up visits for these patients as well as referrals from health departments across the state. A multidisciplinary approach is utilized throughout, where all the needs of the child are met – medical, physical, psychological, social – and spiritual, when desired.

Contact: Elizabeth McClary
Summit Technology, Sales/Marketing
Cell Phone: (256) 777-1315
Office: (256) 771-1656 .x157
E-Mail: emcclary@summitsti.com