Double-Take® Software (NASDAQ: DBTK) today announced it has been ranked as one of the top 500 fastest growing companies on the prestigious Deloitte 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. Double-Take Software grew 325 percent during this period.

“It is an honor to now be included on the Fast 500 list in addition to the New England Fast 50,” said Dean Goodermote, chief executive officer, Double-Take Software. “Our growth and success over the past five years is a reflection of the outstanding employees and customers we have at Double-Take Software.”

In addition to ranking on the Deloitte Technology Fast 500, Double-Take Software was included in the New England Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in New England.

"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 Double-Take Software on this significant accomplishment."

The North American Technology Fast 500, founded in 1995, is a program of Deloitte’s Technology, Media & Telecommunications (TMT) Group. The list 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. Winners, selected from nominations and extensive research, are announced each fall. For more information on Deloitte’s Technology Fast 500 or Technology Fast 50 programs, visit www.fast500.com.