ReadyTalk Ranked 9th Fastest Growing Company in Colorado on Deloitte’s 2008 Technology Fast 50

ReadyTalk uses a commitment to their customers to remain one of the fastest growing companies in North America as ranked in the D&T Fast 500

Denver, CO (November 13, 2008) –

ReadyTalk today announced that it ranked 9th on Deloitte’s 2008 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 2003-2007. ReadyTalk grew 663% 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.”

“Deloitte’s Technology Fast 500 recognizes companies who have achieved extraordinary growth in North America’s most innovative and competitive market sectors,” said Phil Asmundson, Deloitte LLP vice chairman and national managing partner for Technology, Media and Telecommunications. “We congratulate ReadyTalk on this significant accomplishment.”

In addition to ranking on Deloitte’s Colorado Technology Fast 50, ReadyTalk ranked 264th on the 2008 Deloitte Technology Fast 500, which is a ranking of the 500 fastest growing technology firms in North America based on revenue over five years. This is the second consecutive year ReadyTalk has been ranked on Deloitte’s Colorado Technology Fast 50 and on the 2008 Deloitte Technology Fast 500.

Overall, companies that ranked on the 2008 Technology Fast 500 had growth rates ranging from 242 to 138,762 percent over five years, with an average growth rate of 3,043 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 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 2003 to 2007.

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

As used in this document, “Deloitte” means Deloitte LLP. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

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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 Thursday, November 20th, 2008 at 1:58 pm and is filed under Uncategorized. You can trackback from your own site.

Source: ReadyTalk

 
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