News
Webloyalty.com Ranked Among Top Ten Fastest Growing Technology Companies in North America on the 2005 Deloitte Technology Fast 500
NORWALK, CT. (Oct 19, 2005)- Webloyalty.com (http://www.webloyalty.com), a leading provider of online marketing and subscription services, today announced that it has been ranked No. 8 on the 2005 Deloitte Technology Fast 500, a listing of the 500 fastest growing technology companies in North America. This marks webloyalty.com's first year on the Deloitte Technology Fast 500 in its first year of eligibility.
Rankings are compiled from Deloitte's 15 regional North American Fast 50 lists, nominations submitted directly to the Fast 500, and public company database research, and are based on the percentage revenue growth over five years, from 2000-2004. Webloyalty.com grew 25,556 percent during this period.
In addition to ranking on Deloitte's Technology Fast 500, webloyalty.com also ranked No. 1 on the 2005 Connecticut Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in Connecticut.
"Being ranked in the top ten on the Deloitte Technology Fast 500 is truly an honor and validates our technology leadership," said Rick Fernandes, CEO and founding partner of webloyalty.com. "As the e-commerce industry continues to experience a high level of growth, webloyalty.com will continue to provide high-value, trustworthy and revenue-generating online marketing services and benefits to our e-commerce clients and their customers."
Webloyalty.com's increase in revenues of 25,556 percent from 2000 to 2004 resulted in its top ten ranking in the Technology Fast 500 for North America. Overall, companies that ranked on the 2005 Technology Fast 500 had growth rates ranging from 240 to 73,752 percent over five years, with an average growth rate of 2,408 percent.
"Making the Deloitte Technology Fast 500 is commendable in today's highly competitive technology industry," said Tony Kern, deputy national managing principal of Deloitte's Technology, Media & Telecommunications industry practice. "We congratulate webloyalty.com on being one of the 500 fastest growing technology companies in North America."
Fast 500 Selection and Qualifications
To qualify for the Fast 500, entrants must have had 2000 operating revenues of at least $50,000 USD or $75,000 CD for the United States and Canada, respectively, and 2004 operating revenues of at least $1 million USD or CD.
Entrants must be headquartered in North America and must be a "technology company," defined as a company that owns proprietary technology that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology in a unique way does not qualify.
About webloyalty.com
Webloyalty.com (http://www.webloyalty.com) is one of the leading online subscription and marketing services companies providing customized programs to e-commerce, travel and other fee-based businesses. Through its range of innovative Internet products, webloyalty.com enables its clients to generate new revenues and increase repeat purchase rates while offering their clients' customers a range of subscription services in a credible and trustworthy environment. Founded in 1999, in response to the emerging needs of e-commerce companies, webloyalty.com has a client roster of over 95 companies. Since its inception, the company has been dedicated to marketing responsibly on behalf of its clients to their customers by offering a new model of customer-friendly subscription services. Today, over 1.4 million online subscribers enjoy savings and protection from webloyalty.com's services.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte", "Deloitte & Touche", "Deloitte Touche Tohmatsu" or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.
Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.
As used in this document, "Deloitte" includes Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, and Deloitte Tax LLP.
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