Attributes extraordinary revenue growth to compelling customer value proposition, marquee partnerships, and proprietary marketing software platform.
Bridgevine today announced that it ranked number 57 on Deloitte's 2008 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in the U.S. and Canada. Rankings are based on percentage of fiscal year revenue growth over five years, from 2003-2007. Bridgevine grew 4,582 percent during this period.
Bridgevine's CEO, Vinny Olmstead, credits the growth to a strong customer value proposition, marquee partnerships and a world-class performance marketing software platform. He said, "We're honored to be a part of this esteemed group of companies named to the Fast 500 list. It's a testament to the hard work and dedication of our employees and our impressive list of valued partners."
"Deloitte's Technology Fast 500 recognizes companies that have achieved extraordinary growth in North America's most innovative and competitive market sectors," said Phil Asmundson, Deloitte LLP vice chairman and national managing partner for Technology, Media and Telecommunications. "We congratulate Bridgevine on this significant accomplishment."
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 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 2003 to 2007.
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.
About Bridgevine
Founded in 2003, Bridgevine, Inc. has offices in Atlanta, GA, and Vero Beach, FL. The company's performance-based merchandising platform empowers marquee advertisers to efficiently market their products through multiple online and offline channels. Focused on the service industry, the company's customer base of more than 110 leading companies includes Comcast, Time Warner Cable, Qwest, Verizon, Protect America, Real Networks, Verizon, Speakeasy, Covad, and D-link. The platform powers in excess of 1,000 websites and is licensed by leading retailers, websites, and Fortune 500 companies. The company also operates Bridgevine.com, a website dedicated to consumer for comparative shopping and exclusive promotions from the leading service providers. For more information, please visit www.bridgevine.com.
Corporate Contact:
Mark Ballard
Bridgevine, Inc.
772-539-0618
mark.ballard@bridgevine.com
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