This marks the fifth time that Vocus has been named to the Technology Fast 500 (TM) and is an important indication of the value of our solutions in a large and untapped market opportunity
Lanham, MD (PRWEB) October 26, 2009
Vocus, Inc. (NASDAQ: VOCS) a leading provider of on-demand software for public relations management, today announced it ranked number 412 on Technology Fast 500 (TM), Deloitte LLP's ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the five year period from 2004-2008. Vocus grew 280 percent during this period.
"This marks the fifth time that Vocus has been named to the Technology Fast 500 (TM) and is an important indication of the value of our solutions in a large and untapped market opportunity," said Rick Rudman, chief executive officer at Vocus. "We attribute this growth to our continued investment in our products and our people, which together help our customers plan, manage and measure their public relations programs."
Vocus provides on-demand software for PR professionals to manage communications and outreach with key influencers. This includes a media database, the ability to track and manage interactions, and automated monitoring of coverage in both traditional and social media outlets. Vocus also provides analytics that allow organizations to analyze media coverage, measure PR campaign results, and compile that information for reporting and planning purposes.
"Technology Fast 500 (TM) recognizes innovative companies that have broken down barriers to success and defied the odds with their remarkable five-year revenue growth," said Phil Asmundson, Vice Chairman and U.S. Technology, Media and Telecommunications leader, Deloitte LLP. "We congratulate Vocus on this accomplishment."
Technology Fast 500 (TM) award eligibility requirements also include 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. These revenues must have more than doubled between 2004 and 2008. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
Vocus has also been named to other lists of fast growing companies in 2009 including, the Software 500, Forbes' America's 25 Fastest-Growing Tech Companies, and the Upshot 50.
As used in this document, "Deloitte" means Deloitte LLP. Please see http://www.deloitte.com/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
Vocus, Inc. (NASDAQ: VOCS) is a leading provider of on-demand software for public relations management. Our web-based software suite helps organizations of all sizes to fundamentally change the way they communicate with both the media and the public, optimizing their public relations and increasing their ability to measure its impact. Our on-demand software addresses the critical functions of public relations including media relations, news distribution and news monitoring. We deliver our solutions over the Internet using a secure, scalable application and system architecture, which allows our customers to eliminate expensive up-front hardware and software costs and to quickly deploy and adopt our on-demand software. Vocus is used more than 4,000 organizations worldwide and is available in seven languages. Vocus is based in Lanham, MD with offices in North America, Europe and Asia. For more information, please visit http://www.vocus.com or call (800) 345-5572.
This release contains "forward-looking" statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These are statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "may," "will," "expects," "projects," "anticipates," "estimates," "believes," "intends," "plans," "should," "seeks," and similar expressions. This press release contains forward-looking statements relating to, among other things, Vocus' expectations and assumptions concerning future financial performance. Forward-looking statements involve known and unknown risks and uncertainties that may cause actual future results to differ materially from those projected or contemplated in the forward-looking statements. Forward-looking statements may be significantly impacted by certain risks and uncertainties described in Vocus' filings with the Securities and Exchange Commission.
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