Exstream Software Recognized as 159th Fastest Growing Technology Company in North America
Press release from the issuing company
Exstream Software, Inc. today announced that it ranked number 159 on the 2005 Deloitte Technology Fast 500, a listing of the 500 fastest growing technology companies in North America. Exstream ranked number 52 among leading software companies, a sector which made up 37 percent of this year’s list. Rankings are based on percentage revenue growth over a five year period. From 2000-2004 Exstream achieved an impressive 1,200 percent growth.
The Technology Fast 500 North America, founded in 1995, is a program of Deloitte's Technology, Media & Telecommunications Group. Making the Fast 500 list is a quantum achievement. Winners, selected from nominations and extensive research, represent prestigious companies that rally behind innovation, break down obstacles, and systematically defy the odds.
Exstream Software helps leading businesses around the world connect with their customers through higher quality, fully personalized communications delivered through multiple print and electronic channels. Exstream’s history is distinguished by significant accomplishments that include “leap frog” technology, aggressive global expansion, and year-over-year average revenue growth exceeding 60 percent since its flagship product, Dialogue, was launched in 2000. The company’s dramatic growth signifies the increasing need for enterprises to deploy a single platform for producing all of their fully personalized communications.
“Attracting enough customers to attain such fast growth over five years makes a strong statement about the quality of a company’s product and its leadership,” said Tony Kern, deputy national managing principal of Deloitte's Technology, Media & Telecommunications industry practice. “Exstream Software has developed the right environment for growth.”
Companies on Exstream’s impressive client list span many industries including financial services, banking, insurance, telecommunications, utilities and retail, among others. Customers include AT&T, American Express, Baltimore Gas & Electric, CIGNA, HSBC, JPMorgan Chase, AFLAC, Commonwealth Bank of Australia, Fidelity Investments, Merrill Lynch, Federated Department Stores, and many more leading enterprises worldwide. Using Dialogue, enterprises benefit by getting personalized customer communications to market as much as 85 percent faster, reducing document production costs up to 80 percent, and as much as tripling customer response.
“Exstream is honored to be named to the Deloitte Technology Fast 500,” said Davis Marksbury, president and CEO of Exstream Software. “From the beginning, we have focused on offering innovative technology coupled with an unwavering dedication to customer care. Turning this vision into a company-wide culture is truly responsible for much of the company’s growing success.”
The Deloitte Technology Fast 500 has an impressive stable of alumni including Google, eBay and Expedia, among many others. The complete list of Fast 500 winners is available at www.fast500.com.