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IneoQuest Technologies Ranked at Number 48 on Deloitte's 2007 Technology Fast 500
Leader in IP Video Quality Assurance Solutions Recognized for Innovative Products and Three-Year Sales Growth of 672%
| Source: IneoQuest
MANSFIELD, MA--(Marketwire - November 19, 2007) - IneoQuest Technologies, Inc., the leader in
Multi-Dimensional Video Quality Management Systems and global provider of
advanced quality and service assurance solutions for IP Video, today
announced that it has been ranked 48th on the 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. IneoQuest, a privately held company, grew more than 670 percent
during this period.
"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
IneoQuest on this significant accomplishment."
IneoQuest's mission of reducing operational expenses (OPEX) for video
providers while assuring IP Video quality has put the company's services in
higher demand with cable operators, telecom service providers and video
equipment manufacturers. Over the last 12 months, IneoQuest has garnered
numerous headlines and awards with the release of its IP Video Management
System (iVMS) (http://www.ineoquest.com/content818.html), and its
industry-unique, end-to-end video quality assurance platform, IQPinPoint.
The global provider of IP video test and measurement tools now has over 400
unique video provider customers in both the telco and cable markets.
IneoQuest researches, designs and builds its hardware and software in its
own manufacturing facility in Mansfield, Mass.
"IneoQuest is thrilled to be part of Deloitte's impressive roster of
fastest growing technology companies," said Marc A. Todd, president and CEO
of IneoQuest. "The last three years have proven to be a major growth period
for our company, as IP video providers begin to understand the necessity of
a purpose-built quality and service assurance solution that enables them to
keep expenses low and retain subscribers. We are encouraged by this growth
and are continuing to offer our customers' first-to-market, cutting-edge
products and services including IQDVx, the industry's first hybrid
MPEG/IPTV analysis tool."
IneoQuest was entered into the Fast 500 competition after being ranked
number six on the Technology Fast 50 for the New England Region last month.
The Fast 500 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 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.
About IneoQuest Technologies
IneoQuest Technologies, Inc., the leader in Multi-Dimensional Video Quality
Management Systems, is a global provider of advanced quality and service
assurance solutions for IP Video, serving customers in the telephony,
cable, broadcast and network equipment industries worldwide. The company
enables its customers with unique combinations of hardware, software and
services to design, build, deploy, and manage IP Video networks.
Headquartered in Mansfield, Massachusetts, IneoQuest has sales operations
in the US, Asia and European regions. More information is available at
www.IneoQuest.com.