ReadyTalk Ranked 3rd Fastest Growing Company in Colorado on Deloitte’s Tech Fast 50
ReadyTalk uses a commitment to their customers to propel themselves to 102nd fastest growing company in North America as ranked in the Deloitte Technology Fast 500
Denver, CO (October 23, 2007) –
ReadyTalk today announced that it ranked third on Deloitte’s Colorado 2007 Colorado Technology Fast 50, a ranking of the 50 fastest growing technology, media, telecommunications and life sciences companies in Colorado. Rankings are based on percentage of fiscal year revenue growth over five years, from 2002-2006. ReadyTalk grew 1623 percent during this period.
ReadyTalk’s CEO, Dan King, credits a number of factors for the company’s substantial revenue growth over the past five years. He said, “We have been very focused on delivering an integrated audio and web conferencing service that is extremely reliable and very easy to use. In addition, we have assembled an outstanding team that is committed to ensuring our customers have a great experience working with ReadyTalk.”
“Sustaining high revenue growth over five years is an exceptional accomplishment,” said Phil Asmundson, vice chairman, U.S. Technology, Media and Telecommunications, Deloitte & Touche USA LLP. “We are proud to honor ReadyTalk with a ranking on the Deloitte’s Colorado Technology Fast 50 list.”
In addition to ranking on Deloitte’s Technology Fast 50, ReadyTalk ranked 102nd on Deloitte’s Technology Fast 500, which is a ranking of the 500 fastest growing technology firms in the country based on revenue over five years.
Overall, companies that ranked on the 2007 Colorado Technology Fast 500 had growth rates ranging from 253 to 79,060 percent over five years, with an average growth rate of 1,823 percent.
Fast 500 Selection and Qualifying Criteria
The Fast 500 ranks the fastest growing technology, media, telecommunications and life sciences companies in North America. It is compiled from Deloitte’s 16 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. Companies are selected based on percentage revenue growth from 2002 to 2006.
Entrants must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company’s operating revenues or devote a significant proportion of revenues to research and development of technology. Using other companies’ technology or intellectual property in a unique way does not qualify. Base-year operating revenues must be at least $50,000 USD or $75,000 CD, and current-year operating revenues must be at least $5 million USD or CD. Companies must be in business a minimum of five years, and they must be headquartered within North America.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates. Deloitte Touche Tohmatsu is an organization of member firms around the world devoted to excellence in providing professional services and advice, focused on client service through a global strategy executed locally in nearly 140 countries. With access to the deep intellectual capital of approximately 150,000 people worldwide, Deloitte delivers services in four professional areas–audit, tax, consulting, and financial advisory services–and serves more than 80 percent of the world’s largest companies, as well as large national enterprises, public institutions, locally important clients, and successful, fast-growing global companies. Services are not provided by the Deloitte Touche Tohmatsu Verein, and, for regulatory and other reasons, certain member firms do not provide services in all four professional areas.
As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other’s acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names “Deloitte,” “Deloitte & Touche,” “Deloitte Touche Tohmatsu,” or other related names.
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About ReadyTalk
ReadyTalk delivers audio and web conferencing services that empower its customers to conduct web seminars, hold training sessions, work remotely and grow their organizations through lead generation and efficient communication. ReadyTalk knows that it takes more than great technology to execute successful online events. Through technology and personal service, ReadyTalk guides its customers through the entire process of conducting a large web seminar. ReadyTalk’s mission is to create solutions that are simple and easy to use so that everyone can participate, regardless of computer savvy, work location or choice of platform.
ReadyTalk was founded in 2000 and is headquartered in Denver, Colorado. The company works hard to build a community of loyal customers through its passion to create innovative and useful technology and through its sincere commitment to customers’ success. Please call toll free 800.843.9166 or visit www.readytalk.com for more information.
This entry was posted on Wednesday, October 24th, 2007 at 8:57 am and is filed under In the News, Press Releases. You can trackback from your own site.
Source: ReadyTalk