TRANSLATIONS.COM RECOGNIZED IN DELOITTES TECHNOLOGY FAST 50 PROGRAM FOR THE FOURTH TIME
NEW YORK, NY -- Translations.com, a leading provider of language and technology solutions, has been named to Deloitte's Technology Fast 50 for New York. The award recognizes high-growth technology companies and ranks the 50 fastest developing technology companies headquartered in the state. Rankings are based on the percentage of growth in fiscal year revenues over five years.
"To rank on Deloitte's Technology Fast 50, companies must have phenomenal revenue growth over five years," said Ed Moran, Director Product Innovation, Deloitte Services LP, New York City. "Translations.com has proven to be one of the fast-growth success stories in the New York region, and we applaud their dedication to making their vision a reality."
Phil Shawe, President and CEO of Translations.com, adds "It is a great honor to be recognized for the fourth time by Deloitte as one of the fastest growing companies in the region. I am thrilled to accept and share this award with all of our employees who have made our success possible."
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. For more information on the Deloitte & Touche Technology Fast 50 or Fast 500 Programs, visit www.fast500.com.
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Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.
Translations.com is a leading provider of software, website, and enterprise-wide localization services, as well as localization-related technology products. Translations.com solutions allow customers to conduct business more effectively in international markets. The company has a global presence on four continents and services a variety of clients with dedicated practice groups for every major industry. Translations.com is part of the TransPerfect family of companies. For more information, please visit www.translations.com.