We are deeply grateful and thank TBAN for recognizing the phenomenal success we've enjoyed as we have become the largest technology company in southern Nevada.
Las Vegas (PRWEB) October 16, 2008
October 15, 2008 -- Selling Source, LLC, http://www.sellingsource.com/, was honored today as "Tech Company of the Year" by the Technology Business Alliance of Nevada at the fourth annual TechNevada Hall of Fame Honors luncheon held at the Golden Nugget Hotel and Resort.
This latest honor follows on the heels of Selling Source being named number 68 in August on the 2008 Inc. 500 list of fastest growing private U.S. companies. Up from number 109 last year, Selling Source Selling Source is one of a few firms ranked in consecutive years because growth rates required to make the list are often unsustainable even for the most-successful companies. With a four-year revenue growth rate of 2,494 percent, Selling Sourced ranked 7th in the financial services category and 11th for companies with annual revenues of more than $100 million.
"Technology company of the year is indeed a great honor," Selling Source Chief Executive Officer Derek LaFavor said. "We are deeply grateful and thank TBAN for recognizing the phenomenal success we've enjoyed as we have become the largest technology company in southern Nevada."
LaFavor credited in part his company's rise to prominence to the fact it alone offers online specialty lenders a single-source platform throughout the loan life-cycle to acquire, fund, underwrite and retain customers while increasing their overall lifetime value.
Other TechNevada Hall of Fame honorees for Southern Nevada are Cirque du Soleil CEO and founder Guy Laliberté, and Rick Gray of Wynn Design and Development. The recipients are responsible for the vision and implementation of some of the most advanced and leading-edge live theater technology integration in the world.
Dr. Donald Bently of Bently Agrowdynamics, Minden, Nev., is the Northern Nevada honoree. Laura Fucci, with Clark County, Nev., was elected Tech CIO of the Year. Tech Startup Company of the Year honors go K2 Energy Solutions, and T. John Snyder of Advanced Technologies Academy is Tech Educator of the Year. Allegiant Airlines was named Tech Company Transplant of the Year and Frank Yoder of Advanced Information Systems is Tech Entrepreneur of the Year. Vegas PBS was named Tech Star.
About Technology Business Alliance of Nevada
The Technology Business Alliance of Nevada is Nevada's largest high-tech trade association dedicated to assisting high-tech start-ups in finding the talent, customers, and financing needed to be successful. TBAN's main function is to act as a facilitator and networking vehicle, bringing together emerging technology businesses with the resources they need to succeed.
About Selling Source, LLC
Selling Source, LLC, named number 68 on the 2008 Inc. 500 list, up from number 109 in 2007, offers specialty finance lenders an end-to-end solution to acquire, fund, underwrite and retain customers while increasing their overall lifetime value. Selling Source alone provides online lenders a single-source platform throughout the micro-loan life-cycle with turn-key consumer acquisition-and-communication services as well as lender, data, payment-processing and infrastructure solutions, including co-location and disaster-recovery hot sites. London Bay Capital, a private equity firm based in San Francisco, acquired a controlling interest in Selling Source in December 2007. For more information, please visit http://www.sellingsource.com/.