Attributes its 671 Percent Revenue Growth to agent charge and PolicyWriter's bazaar arch capabilities
Bethlehem, Pa – October 27, 2009 — Adaptik Corporation today appear that it ranked amount nine on the 2009 Greater Philadelphia Fast 50, Deloitte's baronial of 50 of the fastest growing technology, activity sciences and cleantech companies in the Greater Philadelphia Region. Rankings are based on allotment of budgetary year acquirement advance during the 5 year aeon from 2004–2008. Adaptik grew 671 percent during this period.
Adaptik's president, John Pettit, credits agent charge and PolicyWriter's bazaar arch capabilities with the company’s 671% acquirement advance over the accomplished 5 years. He said, "We are accustomed to be accustomed by Deloitte as a Greater Philadelphia Fast 50 aggregation for the additional year in a row and appreciative to accept ranked in the top ten. We started Adaptik with the ambition of developing software that addressed the continued continuing challenges of P&C action administration. By alert to our barter and blockage focused, we accept accomplished our goal. We attending advanced to connected approaching advance and artefact addition over the advancing years."
"With its absorbing five-year growth, Adaptik has becoming its position a allotment of the fastest growing technology, activity sciences and apple-pie technology companies in the Greater Philadelphia region," said Michael Purcell, partner, Deloitte & Touche LLP. "Deloitte is appreciative to account Adaptik for its achievement."
Adaptik Corporation ahead ranked 11 as a Greater Philadelphia Fast 50 accolade champ for 2008.
Overall, the 2009 Greater Philadelphia Fast 50 accolade winners had advance ante alignment from 80 to 4,984 percent over 5 years, with an boilerplate advance amount of 458 percent.
Greater Philadelphia Fast 50 Selection and Qualifying Criteria
The 2009 Greater Philadelphia Fast 50 provides a baronial of the fastest growing technology, activity sciences and cleantech companies in the Greater Philadelphia Region. This baronial is aggregate from nominations submitted anon to the Fast 50 website, and accessible aggregation database analysis conducted by Deloitte. Greater Philadelphia Fast 50 accolade winners for 2009 are called based on allotment budgetary year acquirement advance during the 5 year aeon from 2004 to 2008.
In adjustment to be acceptable for Greater Philadelphia Fast 50 recognition, companies have to own proprietary bookish acreage or proprietary technology that contributes to a cogent allocation of the company's operating revenues. Using added companies' technology or bookish acreage in a different way does not amuse this requirement. Consulting companies, able account firms, etc. are not acceptable unless they accept proprietary technology that contributes to a cogent allocation of their operating revenues. Greater Philadelphia Fast 50 accolade accommodation requirements aswell cover abject year operating revenues of at atomic $50,000 USD, and current-year operating revenues of at atomic $5 actor USD. Additionally, companies have to be in business for a minimum of 5 years, and be headquartered in the Greater Philadelphia Region.
About Adaptik Corporation
Adaptik, the architect of PolicyWriter, develops awful adaptive action administering software solutions that are advised to advance speed-to-market for new articles and calibration to abutment ample numbers of users and top transaction volumes. They are committed to accouterment P&C insurers with beat business functionality while essentially blurred the risks and costs associated with arrangement backup and maintenance. For added advice on how PolicyWriter can advice transform your business appointment Adaptik.com.
About Deloitte
As acclimated in this document, "Deloitte" agency Deloitte LLP. Please see Deloitte.com/about for a abundant description of the acknowledged anatomy of Deloitte LLP and its subsidiaries.
Amanda Dickson
Altitude Marketing
Amanda@altitudemarketing.com
417 State Road
Emmaus, PA 18049
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