Mimeo.com Named the 296th Fastest Growing Company in North America on Deloitte's 2007 Technology Fast 500 List
Press release from the issuing company
November 2007 - Mimeo.com, the innovator of online, on-demand printing for business documents and marketing materials, today announced that it ranked 296 on Deloitte's 2007 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are
based on percentage of fiscal year revenue growth over five years, from 2002-2006. Mimeo.com grew 519% during this period.
"We are extremely proud of Mimeo.com's third consecutive ranking on Deloitte's Fast 500 list," stated Adam Slutsky, Chief Executive Officer of Mimeo.com. "Our innovative spirit, technological advancements, and great people have given us the ability to attain this kind of sustained revenue increase and recognition."
"Deloitte's Technology Fast 500 recognizes technology companies who have achieved extraordinary growth in North America's most innovative and competitive sectors," said Phil Asmundson, vice chairman, U.S. Technology, Media and Telecommunications, Deloitte & Touche USA LLP. "We congratulate Mimeo.com on this significant accomplishment."
In addition to ranking on Deloitte's Technology Fast 500, Mimeo.com recently ranked 25th on the New York Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in New York.
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 16 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 2002 to 2006.
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.
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