Paltalk Named One of 50 Fastest Growing Technology Companies in Annual Awards Ceremony Held by Deloitte
Online Video and Voice Chat Service Recognized
As Online Innovator in the New York Region
New York, NY (PRWEB) September 18, 2006 -- Paltalk, the largest video chat community on the Internet with more than four million active members, has been named in this year’s Deloitte New York Region Technology Fast 50 Awards, which recognizes outstanding company growth in the technology, media and life sciences industries.
The Fast 50 Awards have become the benchmark to identify the fastest-growing high-technology companies in geographic areas throughout the United States and overseas. The recognition allows Paltalk to take part in the larger Deloitte Technology Fast 500 which recognizes innovative companies throughout North America and Canada.
Established in San Jose, California, in 1995, the Deloitte Technology Fast 50 ranks companies based on percentage revenue growth over a five-year period. Deloitte is the second largest professional services firm in the world and one of the largest international public accountancy firms.
“Over the years, Paltalk has created innovative products empowering a passionate user base that continues to grow every day,” said Joel Smernoff, President and COO, Paltalk. “We are honored that Deloitte has recognized our unique strategies and marketplace vision.”
For nearly 10 years, Paltalk has been changing the way people communicate online, cultivating the most passionate user base on the Internet. Since 1998 the company has grown to become one of the most popular online services with more than 42 million downloads accounting for eight billion voice minutes per year.
With more than four million active members around the world holding discussions on topics from politics to religion, from finance to flirting, the Paltalk community continues to grow everyday. The Paltalk Messenger is a free and easy to use program that lets users chat with new people they meet through the Paltalk chat rooms and friends on AOL, Yahoo and ICQ buddy lists.
The Paltalk program answers the demands of users who crave a way to communicate beyond text, beyond one-to-one. Paltalk provides the only voice and video platform for thousands of people to simultaneously chat in real time, scaling voice and video chat rooms to handle a practically unlimited amount of users conversing on a given topic. Paltalk is compatible with almost every major instant message service, allowing users to transfer existing buddy lists, combine all their contacts and talk to friends who use other IM programs.
The Paltalk Messenger allows members to create and moderate their own voice and video chat rooms that millions of other Paltalk members can then join. Users have complete control over how often their talks take place, which users are allowed to speak and the subject matter of the discussions. The Paltalk community takes great care in keeping a safe, “clean and lit” environment, with more than 250 trained volunteer moderators making sure discussions are open and appropriate.
About Paltalk
Paltalk (www.paltalk.com) is the largest Instant Chat (IC) community on the Internet, with over four million active members participating in live voice- and video-enabled chat rooms. Paltalk Messenger allows Paltalk members to create and moderate their own voice and video chat rooms, allowing the millions of other Paltalk members to join in. Paltalk Messenger also makes it simple to instant message (IM) buddies on AOL, Yahoo, and ICQ. Paltalk Messenger has been downloaded over 42 million times and accounts for over eight billion voice minutes per year, making it the world’s largest independent instant messenger. Founded in 1998, Paltalk is a privately held company based in New York. Paltalk also owns and operates Hearme (www.hearme.com), a B2B web conferencing service.
For Further Information Contact:
Philip Ramirez: (212) 780-0200 x. 103
John Keaten: (212) 780-0200 x. 100
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