SchoolNet Inc. Ranked Number 10 in Deloitte's Technology Fast 50 Program for New York Attributes software improvements and market expansion to its 1781 percent revenue growth. 

 

NEW YORK, Sept. 25/PRNewswire/ -- Schoolnet Inc. has been named to Deloitte's prestigious Technology Fast 50 Program for New York, a ranking of the 50 fastest growing technology, media, telecommunications, and life sciences companies in the area by Deloitte & Touche USA LLP, one of the nation's leading professional services organizations.

 

Rankings are based on the percentage revenue growth over five years from 2002-2006. Schoolnet's increase in revenues of 1781 percent from 2002 to 2006 resulted in a 10th ranking in the Technology Fast 50 for New York.

 

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006, be headquartered in North America, and be a company that owns proprietary technology or proprietary intellectual property 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. Using other companies' technology or intellectual property in a unique way does not qualify.

 

Companies from the 16 regional Technology Fast 50 programs in theUnited States and Canada are automatically entered in Deloitte's TechnologyFast 500 program, which ranks North America's top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit http://www.fast500.com.

 

About Deloitte
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