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All Press Releases for December 12, 2001 Subscribe to this News Feed    
 

Notify Technology Selected as One of the Fastest Growing Technology Companies in North America on the 2001 Deloitte & Touche Technology Fast 500

With its ranking on the prestigious Deloitte & Touche Technology Fast 500, Notify Technologys Leaders have proven that they have the vision and the fortitude to excel in the highly competitive technology industry," said Mark A. Evans, Managing Director of Deloitte & Touches Technology & Communications Group. We congratulate them on becoming one of the 500 fastest growing technology companies in the U.S. and Canada."

SAN JOSE, CA -- November 15, 2001 -- Notify Technology Corporation (NASDAQ: NTFY), today announced that it ranked Number 383 on the 2001 Deloitte & Touche Technology Fast 500, a ranking of the fastest growing technology companies in North America. Rankings are based on a five-year percentage revenue growth from 1996-2000. Notify Technology grew 1,270 percent during this period.

Our sustaining ability to continuously evolve to meet the changing needs of consumers has enabled Notify Technology to succeed where others have not," said Paul DePond, President and Founder of Notify Technology. This has enabled Notify to obtain the companys 1,270 % revenue growth over the past five years."

With its ranking on the prestigious Deloitte & Touche Technology Fast 500, Notify Technologys Leaders have proven that they have the vision and the fortitude to excel in the highly competitive technology industry," said Mark A. Evans, Managing Director of Deloitte & Touches Technology & Communications Group. We congratulate them on becoming one of the 500 fastest growing technology companies in the U.S. and Canada."

Overall, companies that ranked on the 2001 Technology Fast 500 had a five-year growth rates ranging from 115,874 to 824 percent, with an average growth rate of 6,184 percent.

Fast 500 Selection and Qualifications
The Fast 500 lists is compiled from three sources: winners of Deloitte & Touches 22 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have 1996 revenues of at least $50,000 USD and $75,000 CD for the United States and Canada, respectively. Entrants are public or private companies headquartered in North America and must be a technology company," defined as a company that develops proprietary technology which contributes to a significant portion of the companies operating revenues, manufactures a technology-related product, or devotes a high percentage of effort to research and development of technology.

Technology Fast 500 winners are invited to an exclusive CEO Summit that will be held from May 8-10, 2002 at The Breakers Resort, Palm Beach Florida. The CEO Summit now in its fourth year, is designed to address the unique business challenges facing these super-charged technology companies.

About Notify Technology Corporation
Founded in 1994, Notify Technology Corp, (NASDAQ: NTFY) is an innovative communications service and software provider for wireline and wireless notification and messaging services. Notify Technology currently sells its products through OEM relationships to major telephone companies and wireless carriers. The company is headquartered in San Jose, Calif. For more information, see www.notifycorp.com or call 408-777-7920.

About Deloitte and Touches Technology & Communications Group
The Technology & Communications Group is composed of service professionals who have a wealth of experience serving technology and communications companies throughout the world in areas including Internet, software, semiconductors, cable, media and publishing, communication utilities, networking, wireless, computers and peripherals, and related industries. These specialists understand the challenges that technology and communications companies face throughout all stages of their business
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