Bethlehem, Pa, October 21, 2009 – Adaptik Corporation today appear that it ranked amount 200 on Technology Fast 500™; Deloitte LLP’s baronial of 500 of the fastest growing technology, media, activity sciences and apple-pie technology companies in North America. Rankings are based on allotment of budgetary year acquirement advance during the 5 year aeon from 2004-2008. Adaptik Corporation grew 671 percent during this period.
Adaptik Corporation’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 acutely appreciative to be accustomed by Deloitte as one of the fastest growing technology companies in North America for the additional year in a row; we attending advanced to continuing this trend. With our abysmal ability in the allowance industry we will abide to accommodate P&C insurers a action administering band-aid that addresses the specific challenges that the industry has been adverse for decades.”
“Technology Fast 500™ recognizes avant-garde companies that accept broken down barriers to success and defied the allowance with their arresting five-year acquirement growth,” said Phil Asmundson, Vice Chairman and U.S. Technology Media and Telecommunications leader, Deloitte LLP. “We congratulate Adaptik Corporation on this accomplishment.”
“With its absorbing five-year growth, Adaptik has becoming its position a allotment of the fastest growing technology, media, telecommunications, activity sciences and apple-pie technology companies in North America,” said Mark Jensen, Managing Partner, Technology and Venture Capital Services, Deloitte & Touche LLP. “Deloitte is appreciative to account Adaptik for its achievement.”
Adaptik Corporation ahead ranked 260 as a Technology Fast 500™ accolade champ for 2008.
Technology Fast 500™ Selection and Qualifying Criteria
Technology Fast 500™ provides a baronial of the fastest growing technology, media, telecommunications, activity sciences and apple-pie technology companies in North America. This baronial is aggregate from nominations submitted anon to the Technology Fast 500™ website, and accessible aggregation database seek conducted by Deloitte. Technology Fast 500™ accolade winners for 2009 are called based on allotment budgetary year advance during the 5 year aeon from 2004 to 2008.
In adjustment to be acceptable for Technology Fast 500™ 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.
Technology Fast 500™ accolade accommodation requirements aswell cover base-year operating revenues of at atomic $50,000 USD or CD, and current-year operating revenues of at atomic $5 actor USD or CD. These revenues have to accept added than doubles amid 2004 and 2008. Additionally, companies have to be in business for a minimum of 5 years, and be headquartered aural North America.
About Adaptik
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 www.adaptik.com.
About Deloitte
As acclimated in this document, “Deloitte” agency Deloitte LLP. Please see www.deloitte.com/about for a abundant description of the acknowledged anatomy of Deloitte LLP and its subsidiaries.
Media Contact
Gwen Hoover
gwen@altitudemarketing.com
Altitude Marketing
417 State Road
Emmaus, PA 18049
www.altitudemarketing.com
+1 610-421-8601
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