We are proud to honor ReadyTalk with a ranking on the Deloitte Colorado Technology Fast 50 list.
Denver, CO (PRWEB) October 25, 2007 -–
ReadyTalk today announced that it ranked third on Deloitte’s 2007 Colorado Technology Fast 50, a ranking of the 50 fastest growing technology, media, telecommunications and life sciences companies in Colorado. Rankings are based on percentage of fiscal year revenue growth over five years, from 2002–2006. ReadyTalk grew 1623 percent during this period.
ReadyTalk’s CEO, Dan King, credits a number of factors for the company’s substantial revenue growth over the past five years. He said, “We have been very focused on delivering an integrated audio and web conferencing service that is extremely reliable and very easy to use. In addition, we have assembled an outstanding team that is committed to ensuring our customers have a great experience working with ReadyTalk.”
“Sustaining high revenue growth over five years is an exceptional accomplishment,” said Phil Asmundson, vice chairman, U.S. Technology, Media and Telecommunications, Deloitte & Touche USA LLP. “We are proud to honor ReadyTalk with a ranking on the Deloitte Colorado Technology Fast 50 list.”
In addition to ranking on Deloitte’s Technology Fast 50, ReadyTalk ranked 102nd on Deloitte’s Technology Fast 500, which is a ranking of the 500 fastest growing technology firms in the country based on revenue over five years.
Overall, companies that ranked on the 2007 Technology Fast 500 had growth rates ranging from 253 to 79,060 percent over five years, with an average growth rate of 1,823 percent.
Fast 500 Selection and Qualifying Criteria
The Fast 500 ranks the fastest growing technology, media, telecommunications and life sciences companies in North America. It is compiled from Deloitte’s 16 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. Companies are selected based on percentage revenue growth from 2002 to 2006.
Entrants must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues or devote a significant proportion of revenues to research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify. Base-year operating revenues must be at least $50,000 USD or $75,000 CD, and current-year operating revenues must be at least $5 million USD or CD. Companies must be in business a minimum of five years, and they must be headquartered within North America.
ReadyTalk delivers audio and web conferencing services that empower its customers to conduct web seminars, hold training sessions, work remotely and grow their organizations through lead generation and efficient communication. ReadyTalk knows that it takes more than great technology to execute successful online events. Through technology and personal service, ReadyTalk guides its customers through the entire process of conducting a large web seminar. ReadyTalk's mission is to create solutions that are simple and easy to use so that everyone can participate, regardless of computer savvy, work location or choice of platform.
ReadyTalk was founded in 2000 and is headquartered in Denver, Colorado. The company works hard to build a community of loyal customers through its passion to create innovative and useful technology and through its sincere commitment to customers' success. Please call toll free 800.843.9166 or visit http://www.readytalk.com for more information.
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