Business Services Industry
Online, On-Demand Printing Company Mimeo.com Named the 296th Fastest Growing Company in North America on Deloitte's 2007 Technology Fast 500 List
Business Wire, Nov 14, 2007
Company Attributes Its 519% Revenue Growth to Continuous Innovation And Advancements In Technology
NEW YORK -- Mimeo.com, the innovator of online, on-demand printing for business documents and marketing materials, today announced that it ranked 296 on Deloitte's 2007 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage of fiscal year revenue growth over five years, from 2002-2006. Mimeo.com grew 519% during this period.
"We are extremely proud of Mimeo.com's third consecutive ranking on Deloitte's Fast 500 list," stated Adam Slutsky, Chief Executive Officer of Mimeo.com. "Our innovative spirit, technological advancements, and great people have given us the ability to attain this kind of sustained revenue increase and recognition."
"Deloitte's Technology Fast 500 recognizes technology companies who have achieved extraordinary growth in North America's most innovative and competitive sectors," said Phil Asmundson, vice chairman, U.S. Technology, Media and Telecommunications, Deloitte & Touche USA LLP. "We congratulate Mimeo.com on this significant accomplishment."
In addition to ranking on Deloitte's Technology Fast 500, Mimeo.com recently ranked 25th on the New York Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in New York.
Fast 500 Selection and Qualifying Criteria
The Fast 500 ranks the fastest growing technology, media, telecommunications and life sciences companies in North America. It is compiled from Deloitte's 16 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. Companies are selected based on percentage revenue growth from 2002 to 2006.
Entrants must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues or devote a significant proportion of revenues to research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify. Base-year operating revenues must be at least $50,000 USD or $75,000 CD, and current-year operating revenues must be at least $5 million USD or CD. Companies must be in business a minimum of five years, and they must be headquartered within North America.
About Mimeo.com
Mimeo.com is the innovator of online, on-demand printing for business documents and marketing materials. It is both the fastest growing company in the online printing services market and among the fastest growing private companies in the country. Mimeo.com has achieved more than 50% revenue growth with expanding margins in each of the last four years, which it has accomplished completely organically and without yet tapping the even larger international markets.
Founded in 1998, Mimeo.com has revolutionized the traditional print industry, enabling busy professionals to print online and enjoy total control over the preparation and delivery of their documents, right from their computers. Every order is printed on-demand, bound and delivered from Mimeo.com's centralized, highly automated 140,000 square foot production facility, ensuring consistency, superior quality and quick turnaround for every order.
Mimeo.com allows companies to operate in real-time by meeting their printing needs with speed and efficiency, guaranteeing overnight delivery in North America on any order placed by 10:00 p.m. EST. The online document printing company has received numerous accolades for technology, innovation, and rapid growth including such honors as the Red Herring 100, Inc.500, AlwaysOn100, Deloitte Fast 50 and Deloitte Fast 500 awards. Clients range from small and mid-sized businesses to Fortune 50 companies, including Burger King, Citigroup, Delta, and Pfizer.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates. Deloitte Touche Tohmatsu is an organization of member firms around the world devoted to excellence in providing professional services and advice, focused on client service through a global strategy executed locally in nearly 140 countries. With access to the deep intellectual capital of approximately 150,000 people worldwide, Deloitte delivers services in four professional areas--audit, tax, consulting, and financial advisory services--and serves more than 80 percent of the world's largest companies, as well as large national enterprises, public institutions, locally important clients, and successful, fast-growing global companies. Services are not provided by the Deloitte Touche Tohmatsu Verein, and, for regulatory and other reasons, certain member firms do not provide services in all four professional areas.
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.
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