Attributes 632 Percent Revenue Growth to the Company’s Commitment to Innovation and Creativity
November 28, 2012 (Burlington, VT) – Dealer.com, the leader in online marketing solutions for the automotive industry, today announced its rank as number 149 on Deloitte’s Technology Fast 500 – a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Dealer.com grew 632 percent during the period.
Dealer.com’s chief executive officer, Mark Bonfigli, credits the company’s corporate culture for encouraging an innovative spirit and creativity in its employees, which has led to an expanded focus on digital, mobile and social media with the company’s growth. He said, “We are thrilled to be acknowledged once again on this list among many impressive companies. Last year, Dealer.com was featured at No. 178, so this is a great move for us.”
Overall, 2012 Technology Fast 500 companies have achieved revenue growth ranging from 128 percent to 279,684 percent from 2007 to 2011, with an average growth of 2,774 percent.
About Deloitte’s 2012 Technology Fast 500
Technology Fast 500, conducted by Deloitte & Touche LLP, 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 2007 to 2011. In order 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.