Wednesday, October 21, 2009

Deloitte Announces 2009 Technology Fast 500(TM) Rankings

This week Deloitte released its 2009 Technology Fast 500. This list is an annual ranking of the fastest growing technology, media,telecommunications, life sciences and clean technology companies in NorthAmerica based on five-year fiscal revenue growth.

It was a great year for Austin based companies, three locally headquarted companies made their way onto the list. NetQoS® Inc. ranked number 300 for the 6th consecutive year. Zebra Imaging, Inc. is making its way to the top of the list by ranking number 99, and LibreDigital, Inc ranked number 334th.

ReachLocal, a globalprovider of localized internet advertising solutions, achieved the topspot on the list with 2008 fiscal year revenue of $146.69 million and afive-year fiscal growth rate of 146,050 percent.

Looking at the rankings from a geographical standpoint it was shown that there was an increase in companies located in the Northeast. In the past year, the number of Technology Fast500 (TM) companies headquartered in the Northeast increased 7 percent. Even with the majority still in the West there was a 5 percent decline.

This year clean technology was added as a new category with seven companies in this category achieving rankings, comprising just over 1 percent of the overall list. These companies include: -- SunPower Corporation (www.sunpower.com) -- GT Solar International, Inc. (www.gtsolar.com) -- Pentadyne Power Corporation (www.pentadyne.com) -- Energy Recovery, Inc. (www.energyrecovery.com) -- Evergreen Solar, Inc. (www.evergreensolar.com) -- Satcon Technology Corporation (www.satcon.com) -- FuelCell Energy (www.fuelcellenergy.com)


To see a the full list of rankings visit www.fast500.com