Alpharetta, GA (PRWEB) October 27, 2011
FiberLight, LLC, one of the nation’s leading providers of mission critical, high performance fiber optic networks, announced that it ranked 225th on Deloitte’s Technology Fast 500™, ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth from 2006–2010. FiberLight grew by 405 percent during this period.
“We are pleased to receive Deloitte’s Technology Fast 500™ ranking two years in a row,” said Michael P. Miller, FiberLight’s CEO & founder. “Our continued success has been driven by our ability to deliver what our customers need and truly impact the business with a better platform, whether the customer is an enterprise company, Federal Government organization or a wholesale provider. We’ve accomplished this success while maintaining strict financial discipline, which has allowed us to grow our reach and product portfolio by delivering even more value to our customers and shareholders.”
“FiberLight, like all 2011 Technology Fast 500™ companies, has excelled in fostering innovation and channeling it into spectacular growth -- against the backdrop of one of the most challenging economies in history,” said Eric Openshaw, vice chairman and U.S. technology, media and telecommunications leader, Deloitte LLP. "Deloitte recognizes FiberLight for its remarkable accomplishment.”
“We are pleased to honor FiberLight as a 2011 Technology Fast 500 company,” said Mark Jensen, managing partner, technology and venture capital services, Deloitte & Touche LLP. “As one of the fastest growing tech companies in North America, FiberLight has demonstrated excellence in technological innovation, entrepreneurship and rapid growth.”
About Deloitte’s 2011 Technology Fast 500™
Technology Fast 500, which was conducted by Deloitte & Touche LLP, a subsidiary of Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private - in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2006 to 2010.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues.
Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
FiberLight is a premier provider of mission critical, high performance networking services including Ethernet, Wavelengths and Dedicated IP, SONET and Dark Fiber optical transport network solutions. Solutions are provided to telecom carriers, government, enterprise, content providers and web-centric businesses. FiberLight wholly owns its 500,000 fiber mile network in key growth areas and offers robust metro networks in 23 metros within Georgia, Florida, Washington, D.C., Texas, Virginia and Maryland, as well as Wide Area Networking options at layer 1, 2 and 3 to major commercial hubs throughout the country.