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Double-Take Software Ranked in Deloitte's New England Technology Fast 50

Double-Take Software today announced it has been ranked one of the top 50 fastest growing companies on the prestigious Deloitte Technology Fast 50 Program for the New England Region. This is the second consecutive year Double-Take SOFTWARE has been recognized as a local fast growing technology company. The annual rankings review the 50 fastest growing technology, media, telecommunications, and life sciences companies based on the percentage of revenue growth from 2002-2006 by Deloitte & Touche USA LLP, one of the nation's leading professional services organizations.

"It is an honor to be included as one of the fastest growing technology companies in New England," said Dean Goodermote, Chief Executive Officer, Double-Take Software. "Our employees have worked hard to continue to develop innovative technology that provides our customers with increased business continuity and continued peace of mind."

"To rank on Deloitte's Technology Fast 50, companies must have phenomenal revenue growth over five years. Double-Take has proven to be one of the fast-growing success stories in New England and we applaud their dedication to making their vision a reality," said Steve DiPietro, Partner, Deloitte & Touche LLP and chair of the New England Technology Fast 50 Program.

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.

 

Published Tuesday, September 25, 2007 6:24 AM by David Marshall
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