Spongecell Ranked Number 28 Fastest Growing Company in North America on Deloitte’s 2013 Technology Fast 500

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Spongecell today announced it ranked 28 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Spongecell grew 8,505% percent during this period.

'We built our company around the proposition that ad technology can be easy to use while being technologically powerful, and being named to Deloitte’s Fast 500 is incredible validation of our client-friendly approach,' said Kartzman.

Spongecell today announced it ranked 28 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Spongecell grew 8,505% percent during this period.

Spongecell’s chief executive officer, Ben Kartzman, credits Spongecell’s commitment to building cutting-edge, easy-to-use advertising technology with the company’s 8,505% revenue growth. "We built our company around the proposition that ad technology can be easy to use while being technologically powerful, and being named to Deloitte’s Fast 500 is incredible validation of our client-friendly approach,” said Kartzman.

“The 2013 Deloitte Technology Fast 500 companies are exemplary cases of those spurring growth in a tough market through innovation,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. “This year’s list is a who’s who of companies behind the most exciting and innovative products and services in the technology space. We congratulate the Fast 500 companies and look forward to what they do next.”

“The fastest growing companies in the US are drivers of constant innovation and operate with the agility to stay ahead of a quickly evolving marketplace, and software, biotech/pharma and internet companies continue to be at the forefront,” added James Atwell, national managing partner of the Emerging Growth Company practice, Deloitte Services LP. “The companies excelling in these sectors have a startup mentality that allows them to be nimble and adapt quickly, which is why they consistently lead the list of fast-growing companies each year.”

Spongecell previously ranked 28 as a Technology Fast 500™ award winner for 2012. To learn more about Spongecell, please visit http://www.spongecell.com.

About Deloitte’s 2013 Technology Fast 500™
Technology Fast 500, conducted by 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 2008 to 2012.

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.

About Spongecell
Spongecell (http://www.spongecell.com) is an award-winning advertising technology company that transforms standard ads into dynamic, interactive ad experiences that run anywhere on the web. Spongecell's data-driven ad solutions help brand advertisers and their creative and media agencies deliver more effective video and display campaigns and better analyze consumer engagement. An independent, privately owned company, Spongecell is headquartered in New York City and has offices across the United States and Europe.

PR Contact:
Kate Ryan, Diffusion PR,
Phone: 1 (646) 571-0120
E-mail address: kate(dot)ryan(at)diffusionpr(dot)com

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Heather Dinolfo
Spongecell
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