Maitre’D by Posera Ranked 25th in Deloitte's Technology Fast 50 Program for Washington State
08 October 2008 09:57
Attributes high investments in product to its 223.14% Percent Revenue Growth
Maitre'D by Posera has been named to Deloitte & Touche USA LLP's prestigious Technology Fast 50 program for Washington State, a ranking of the 50 fastest growing technology, media, telecommunications, and life sciences companies in the area by Deloitte, one of the nation's leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2004-2008.
Maitre'D by Posera's CEO Jim Gillis credits high investments in product and the software's ease of use with the company's 223 percent revenue growth from 2004-2008. Gillis said, "We are, once again, extremely honored to rank in Deloitte's Fast 50 program. It is always a pleasant surprise and being a part of this program means a lot for us as a company. This is a well appreciated reward and we will keep our focus on investing into the future of our product, in order to assure our business will keep growing, year after year."
Maitre'D by Posera's increase in revenues of 223 percent from 2004 to 2008 resulted in a 25th ranking in the Technology Fast 50 for Washington State. The average increase in revenues among companies who made the Technology Fast 50 for this region was 818 percent.
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2004 and $5,000,000 in 2008, be headquartered in North America, 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 regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte's Technology Fast 500 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.