Vocus, Inc. Named One of the Fastest Growing Technology Companies in North America
25 December 2005
Vocus, Inc., (NASDAQ: VOCS) a leading provider of on-demand software for corporate communications and public relations, today announced that it was named one of the fastest growing technology companies in the country, according to the 2005 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on percentage revenue growth over five years, from 2000-2004. Vocus grew 330% percent during this period and was ranked #399 on the list.
«Attracting enough customers to attain such fast growth over five years makes a strong statement about the quality of a company's product and its leadership,» said Tony Kern, deputy national managing principal of Deloitte's Technology, Media and Telecommunications industry practice. «Vocus, Inc. has shown the right stuff for growth.»
The Fast 500 list is compiled from Deloitte's 15 regional North American Fast 50 programs. To qualify for the Fast 500, entrants must have had 2000 operating revenues of at least $50,000 USD and $75,000 CD for the United States and Canada, respectively; and 2004 operating revenues must be at least $1 million USD or CD. Entrants must be headquartered in North America and must be a «technology company,» defined as a company that owns proprietary technology 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.
«We are modernizing a large and growing corporate communications and public relations industry,» said Rick Rudman, president and CEO of Vocus, Inc. «Our inclusion in Deloitte and Touche's 'Fast 500' ranking for the fourth consecutive year reflects the continued demand for our products and our focus on innovation and customer success.»
About Vocus, Inc.
Vocus (NASDAQ: VOCS) is a leading provider of on-demand software for corporate communications and public relations. Our web-based software suite helps organizations of all sizes manage local and global relationships and communications with journalists, analysts, public officials and other key audiences. Our software helps customers manage media relations, news monitoring and analysis, interactive email campaigns, online newsrooms, and government relations activities. Vocus software is delivered as an easy-to-use and cost-effective annual subscription, with no need for internal hardware, software or IT support. Our software is currently available in four languages, and is in use by customers around the world. Vocus is based in Lanham, MD with offices in North America and Europe. For more information please visit www.vocus.com or call 800.345.5572.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for
each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names «Deloitte», «Deloitte & Touche», «Deloitte Touche Tohmatsu» or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.
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.
This release contains "forward-looking" statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "may," "will," "expects," "projects," "anticipates," "estimates," "believes," "intends," "plans," "should," "seeks," and similar expressions. Forward-looking statements involve known and unknown risks and uncertainties that may cause actual future results to differ materially from those projected or contemplated in the forward-looking statements. Forward-looking statements may be significantly impacted by certain risks and uncertainties described in Vocus' filings with the Securities and Exchange Commission.
Source: prweb
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