SAN FRANCISCO--(BUSINESS WIRE)--WideOrbit Inc., the leading provider of advertising management software for media companies is pleased to announce it has been named to Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. WideOrbit has been recognized on this list based on revenue growth of 159% from 2006 to 2010 and is the only advertising management software provider to make the list.
“We’re honored to be named to the Deloitte Technology Fast 500,” said Eric R. Mathewson, Founder and CEO of WideOrbit. “In this increasingly challenging economy, it’s a credit to all of the hardworking WideOrbit employees who are committed, day in and day out, to providing the most innovative solutions and exceptional support to our clients.”
“We are pleased to honor WideOrbit 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, WideOrbit has demonstrated excellence in technological innovation, entrepreneurship and rapid growth.”
WideOrbit provides innovative solutions for managing the business of broadcast and cable operations, helping companies run their stations and networks more efficiently, effectively and profitably. More than 2,000 television stations, radio stations and cable networks around the globe use WideOrbit Traffic software and more than 3,000 radio stations run on WideOrbit’s Radio Automation platforms. WideOrbit manages more than $14 billion in advertising revenue annually and reinvests more than $20 million per year in core product development and support.
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 WideOrbit
WideOrbit (www.wideorbit.com) is the leading provider of business management software for Media companies. WideOrbit provides innovative, proven solutions for managing the business of broadcast and cable operations – from proposal to order, scheduling to automation, billing and aging. WideOrbit has been helping clients since 1999, delivering high ROI, greater efficiencies and revenue optimization. More than 2,000 Television stations, Radio stations and Cable Networks around the globe use WideOrbit Traffic software with another 3,000+ on WideOrbit Radio Automation platforms. WideOrbit manages more than $14 billion in advertising revenue annually. Clients include: Astral Media, Corus Entertainment, DirecTV, E!, Entercom Communications, Fox Sports, Galavision, Gannett Co., Hearst Television, Madison Square Garden, Meredith Corporation, Midwest Communications, NBCUniversal, NHL Networks, Rogers Communications, Scripps Television Group, Tribune, Yankee Entertainment Sports, Univision and more than 300 other major media organizations. WideOrbit is headquartered in San Francisco, with offices in Dallas; Denver; Seattle; Agawam, MA; and Melbourne, Australia.