PORT TOWNSEND, Wash.--(BUSINESS WIRE)--Intellicheck Mobilisa (NYSE Amex:IDN), a global leader in access control and wireless security systems, announced it ranked 296 on Deloitte’s Technology Fast 500™ ranking of the 500 fastest-growing technology, media, telecommunications, life sciences and clean technology companies in North America, and ranking 17th amongst the Washington State companies included on the list. Intellicheck Mobilisa grew 289 percent during this period.
Intellicheck Mobilisa’s Chief Executive Officer, Steve Williams, credits the Company’s 289% revenue growth to continued market expansion and introducing innovative products in the company’s two market sectors: Identity Systems and Wireless Communications. He said, “For the third consecutive year, Deloitte has honored us in this way, recognizing Intellicheck Mobilisa’s success as one of North America’s fastest-growing technology firms.”
“Intellicheck Mobilisa, like all 2011 Technology Fast 500™ companies, has excelled in fostering innovation and channeling it into spectacular growth—against the backdrop of one of the most challenging economies in history,” said Eric Openshaw, vice chairman and U.S. technology, media and telecommunications leader, Deloitte LLP. “Deloitte recognizes Intellicheck Mobilisa for its remarkable accomplishment.”
“We are pleased to honor Intellicheck Mobilisa as a 2011 Technology Fast 500 company,” said Mark Jensen, managing partner, technology and venture capital services, Deloitte & Touche LLP. “As one of the fastest-growing tech companies in North America, Intellicheck Mobilisa has demonstrated excellence in technological innovation, entrepreneurship and rapid growth.”
Intellicheck Mobilisa previously ranked 230 as a Technology Fast 500™ award winner for 2010.
About Deloitte’s 2011 Technology Fast 500™
Technology Fast 500, which was conducted by Deloitte & Touche LLP, a subsidiary of Deloitte 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 2006 to 2010.
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.
About Intellicheck Mobilisa
Intellicheck Mobilisa is a leading technology company, developing and marketing wireless technology and identity systems for various applications including: mobile and handheld wireless devices for the government, military and commercial markets. Products include the Defense ID system, an advanced ID card access control product currently protecting approximately 100 military and federal locations, and ID-Check, patented technology that instantly reads, analyzes, and verifies encoded data in magnetic stripes and barcodes on government-issue IDs from U.S. and Canadian jurisdictions, for the financial, hospitality and retail sectors.
For more news and information on Intellicheck Mobilisa, Inc., please visit www.icmobil.com.
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