According to a release, rankings are based on percentage of fiscal year revenue growth during the five year period from 2004-2008. QuoteMedia grew 620 percent during this period, according to a release.
Robert J. Thompson, Chairman of the Board, credits supremely talented employees and a dedication to product leadership which has resulted in a suite of technical products that are offered at very competitive prices for the company's amazing 5 year revenue growth rate. "We have attracted a technical and support team that is intensely focused on producing 'best of breed' product quality and customer centric service and support," said Thompson. We need to be the best to compete in the markets we have chosen and our growth rate is a testament to increasing customer acceptance of our products and services. All of our success is a result of the efforts of our dedicated staff and, on behalf of the Board, I want to thank them for making possible this acknowledgement by Deloitte."
"Technology Fast 500 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. "We congratulate QuoteMedia, Inc. on this accomplishment."
Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. This ranking is compiled from nominations submitted directly to the Technology Fast 500 website, and public company database research conducted by Deloitte. Technology Fast500 award winners for 2009 are selected based on percentage fiscal year revenue growth during the five year period from 2004 to 2008. In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues.
QuoteMedia is a software developer and syndicator of financial market information and streaming financial data solutions to media, corporations, online brokerages and financial services companies.
More Information:
www.quotemedia.com
www.deloitte.com/about
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