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InnoPath Software Ranked Number 238 Fastest Growing Company in North America on Deloitte’s 2009 Technology Fast 500™
Illustrates Traction for ActiveCare Wireless Support Solution
Sunnyvale, California, October 20, 2009 – InnoPath Software today announced that it ranked
number 238 on the Technology Fast 500™,
Deloitte LLP’s ranking of 500 of the fastest
growing technology, media, telecommunications,
life sciences and clean technology companies
in North America. Rankings are based on percentage
of fiscal year revenue growth during the five
year period from 2004–2008.
“With a global customer base of Tier
1 wireless operators and device manufacturers,
InnoPath has consistently demonstrated leadership,
resulting in 563% revenue growth over the past
five years,” said John Fazio, President
and CEO of InnoPath. “We’ve now become
even more relevant to operators by extending
our solution to frontline customer care, providing
the solutions that will drive costs out of their
customer care organizations while enabling superior
customer service for their premium smartphone
subscribers.”
The Technology Fast 500™ provides a ranking
of the fastest growing technology, media, telecommunications,
life sciences and clean technology companies
in North America. This ranking is compiled from
nominations submitted directly to the Technology
Fast 500™ website, and public company database
research conducted by Deloitte LLP. Technology
Fast 500™ award winners for 2009 are selected
based on percentage fiscal year revenue growth
during the five year period from 2004 to 2008.
In order to be eligible for Technology Fast
500™ recognition, companies must own proprietary
intellectual property or proprietary technology
that contributes to a significant portion of
the company's operating revenues. Using other
companies' technology or intellectual property
in a unique way does not satisfy this requirement.
Consulting companies, professional service firms,
etc. are not eligible unless they have proprietary
technology that contributes to a significant
portion of their operating revenues. Technology
Fast 500™ award eligibility requirements
include a 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,
these revenues must have more than doubled between
2004 and 2008. Also, companies must be in business
for a minimum of five years, and be headquartered
within North America.
InnoPath’s ActiveCare is the first Over-the-Air
(OTA) frontline care solution for mobile operators,
combining a server deployed at the operator with
the powerful ActiveCare client on the phone.
Together, they create a real-time over-the-air
connection that facilitates configuration, troubleshooting,
updates and security. ActiveCare is unique in
delivering a pre-integrated solution that is
also extensible based on the business requirements
of the operator. The ROI for OTA-enabled customer
care has been proven in a study by the analyst
firm Stratecast which places the annual global
operator exposure for frontline support at over
$25 billion, much of which may be saved through
solutions such as ActiveCare. Interested parties
can review a copy at http://www.innopath.com/care .
About InnoPath
InnoPath, the global leader in Over-the-Air
delivery of customer care, helps operators and
mobile device makers reduce support costs while
providing a better end-user experience by offering
a unique end-to-end over-the-air customer care
solution. Our products reduce support call time
and help drive call avoidance. The company’s
extensive experience in production Tier-1 networks
helps ensure rapid and successful deployments
in large, complex environments. With a proven
value proposition, the payback time for an operator
deploying our solution is usually less than one
year. Our customers include AT&T, Verizon,
Sprint, Samsung, LG, KDDI, Tata Teleservices
and China Telecom. Discover more at our website, www.innopath.com ,
and our blog, The CSR, at http://thecsr.blogspot.com/ .
About Deloitte
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.
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