NEW YORK - October 1, 2007 - Mimeo, the innovator of online, on-demand printing for business documents and marketing materials, announced today that it has been named to Deloitte's prestigious Technology Fast 50 Program for New York, a ranking of the 50 fastest growing technology, media, telecommunications, and life sciences companies in the area by Deloitte & Touche USA LLP, one of the nation' s leading professional service organizations. Rankings are based on the percentage revenue growth over five years from 2002 -- 2006.
"We are pleased to be recognized among the top 50 technology companies in New York for the third consecutive year," said Adam Slutsky, CEO of Mimeo.com. "This award is in recognition of the impact Mimeo.com has made in the digital document printing market. Our success and continued growth rates are the result of our commitment to technological innovation resulting in a faster, easier, more reliable way for our customers to print and distribute documents."
"To rank on Deloitte' s Technology Fast 50, companies must have phenomenal revenue growth over five years," stated Ed Moran, Director Product Innovation, Deloitte Services LP, New York City. "Mimeo.com has proven to be one of the fast-growth success stories in New York, and we applaud their dedication to making their vision a reality."
This honor from Deloitte comes only weeks after Mimeo.com was recognized by Inc. Magazine as being the 1,320 th fastest growing, independently owned company and the 76 th fastest growing business services company in the United States.
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006, be headquartered in North America, and be a company that owns proprietary technology or proprietary intellectual property 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 or intellectual property in a unique way does not qualify.
Companies from the 16 regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte' s Technology Fast 500 program, which ranks North America' s top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte' s Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.