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YouSendIt Ranked 55th Fastest Growing Company in North America on Deloitte's 2010 Technology Fast 500™
Oct 22, 2010 (12:10 PM EDT)
YouSendIt 2291 percent revenue growth attributed to quality solutions and expanding user base
CAMPBELL, Calif., Oct. 22 /PRNewswire/ -- YouSendIt, Inc., the global leader in secure digital content delivery today announced that it ranked No. 55 on Technology Fast 500™, Deloitte's ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2005–2009. YouSendIt grew 2291 percent during this period as a result of developing quality solutions for an expanded user base consisting of businesses of all sizes and in all industries.
YouSendIt's chief financial officer, Renee Budig, credits YouSendIt's growth to its drive to provide quality solutions to users of all levels. "YouSendIt plays a critical role in the way professionals and businesses communicate and exchange information. We are delighted to be ranked as the 55th fastest growing software company on the Technology Fast 500™ list and we remain committed to delivering innovative and intuitive solutions that boost productivity for businesses worldwide," Budig said.
Overall, Technology Fast 500™ award winners for 2010 had revenue growth ranging from 146 percent to 164,079 percent from 2005 to 2009, with an average growth of 2,361 percent.
Selection and Qualifying Criteria
Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private - in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2005 to 2009.
To be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
This ranking is compiled from nominations submitted directly to the Technology Fast 500 website, and public company database research.
YouSendIt, Inc is the number-one secure digital file delivery company. More than 14 million registered users and 250,000 subscribers trust YouSendIt to securely send receive and track digital content. Professionals, businesses and government agencies across the world, use YouSendIt to transfer files too large to send via email, eliminating the need for cumbersome FTP sites and expensive overnight carriers. By sending files and attachments through YouSendIt, corporations can alleviate and better manage the acute challenge of ever expanding email inboxes and overages. YouSendIt integrates seamlessly into the most common desktop tools, including Microsoft Outlook, Microsoft Office, Adobe Photoshop, Final Cut Pro, etc. Users can also leverage the service through the YouSendIt Web site or the YouSendIt Express desktop application. Visit www.yousendit.com or the YouSendIt blog at http://blog.yousendit.com/ for more information.
SOURCE YouSendIt, Inc.