Press Release
Aptela Named “Rising Star” in Deloitte’s Technology Fast 500 Program Company Ranks 7th on Prestigious List with 401% Growth
Herndon, Va. – November 17, 2008
Aptela, the leading provider of Hosted Voice over IP (VoIP) solutions for Small and Medium-sized Businesses (SMBs), has been named a Rising Star on Deloitte’s 2008 Technology Fast 500. The 2008 Rising Star program ranks the country’s 10 fastest growing technology, media, telecommunications and life sciences companies based on their three-year revenue growth (2005 to 2007).
Aptela provides small businesses with the ability to quickly and easily activate phone service and only requires a high speed Internet connection. The company attributes its 401% percent growth to its singular focus on the SMB market and its ability to provide innovative technology to its customers. Aptela’s proprietary software and switch allow the company to respond to customer and market demands more quickly. Aptela’s customers benefit from a compelling feature set - including unique call management and mobility features – that can increase worker productivity and predictably manage the costs associated with running a successful operation. Even during this challenging economy, Aptela has distinguished itself as a fast growth company with a solution that offers SMBs enterprise-class phone service without a large capital investment or long-term commitment.
“We are honored to be recognized by Deloitte for our strong performance over the past three years,” said Larry Barker, President and CEO of Aptela. “Small businesses are increasingly demanding enterprise-class VoIP services to support their communications needs. We attribute our explosive growth to our ability to provide innovative, yet affordable solutions that meet our customers’ needs and unsurpassed service & support to help them get up and running quickly and easily.”
Rising Star Qualifications
To qualify as a Fast 500 Rising Star, entrants must have had 2005 operating revenues of at least $50,000 USD or $75,000 CD, for the United States and Canada, respectively, and 2007 operating revenues of at least $5 million USD or CD.
Entrants must be headquartered in North America, and own proprietary technology or proprietary intellectual property that contributes to a significant portion of the company’s operating revenues, or devote 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.
“Deloitte’s Technology Fast 500 Rising Star list honors young companies that have differentiated themselves not only through technology innovation, but via extraordinary revenue growth,” said Phil Asmundson, Deloitte LLP vice chairman and national managing partner for Technology, Media and Telecommunications. “We congratulate Aptela for the remarkable three-year growth that propelled it to the ranks of our 2008 Rising Stars.”
About Aptela
Aptela is a leading provider of enterprise-class Hosted Voice over IP (VoIP) Solutions for Small and Medium-sized Businesses (SMBs). Aptela’s Software as a Service (SaaS) business model provides SMBs with a reliable, secure and affordable telephony solution - a valuable alternative to costly internal PBX systems. Aptela’s flexible applications are designed to be fully integrated into the workflow of today’s distributed and mobile workforce. Unlike traditional telephony that is tied to a physical location, Aptela’s features can be accessed – anywhere, anytime – through the Internet, traditional wire-line, or cellular networks. For more information, visit www.aptela.com.
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.
As used in this document, “Deloitte” means Deloitte LLP. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
