Posera Named One of North America’s Fastest Growing Technology Companies

02 November 2006 16:05

Posera has been named to Deloitte's prestigious Technology Fast 500 Program, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America by Deloitte & Touche USA LLP, one of the nation’s leading professional services organizations. Rankings are based on the percentage revenue growth during the five years from 2001–2005.

Posera’s increase in revenues of 386 percent from 2001 to 2005 resulted in a 338 ranking in the Technology Fast 500 for North America. The average increase in revenues among companies who made the Technology Fast 500 for this region was 2,145 percent. 

To qualify for the Technology Fast 500, companies must have had operating revenues of at least $50,000 in 2001 and $5,000,000 in 2005, 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.

For more information on Deloitte’s Technology Fast 500 program, visit www.fast500.com.

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