SOURCE: Offermatica

November 06, 2007 09:00 ET

Offermatica Posts 2758 Percent Revenue Growth, Ranks Number Six in Deloitte's Technology Fast 50 Program for Silicon Valley Software and Information Technology Companies

SAN FRANCISCO, CA--(Marketwire - November 6, 2007) - Offermatica has been named a Rising Star in Deloitte & Touche USA LLP's Technology Fast 50 program for Silicon Valley. The Rising Star award is a special designation for fast-growth companies that have been in business a minimum of three years, but less than five and is part of the Silicon Valley Technology Fast 50 program, which ranks the 50 fastest growing technology, media, telecommunications, and life sciences companies headquartered in Silicon Valley. Rankings are based on percentage revenue growth over three years (2004-2006). This year's Silicon Valley Technology Fast 50 program is co-presented by Deloitte & Touche USA LLP and Silicon Valley Bank, Cooley Godward Kronish LLP, Korn/Ferry International, and Woodruff-Sawyer & Co.

Offermatica is an online optimization platform that focuses on testing and targeting marketing and advertising campaigns for maximum performance. With over 150 subscribed Fortune 500 customers, including T-Mobile, Siemens, and Circuit City, and over 200 people a month trained on the platform, Offermatica has risen determinedly as the dominant leader in the burgeoning optimization industry. Among the top 50 company names chosen, Offermatica ranks number six with a revenue growth of 2758 percent. The average revenue growth percentage amongst the Fast 50 Rising Star winners is 1885 percent.

"The Deloitte Silicon Valley Technology Fast 50 Rising Star companies have shown the strength, vision and tenacity to succeed despite a very challenging technology environment," said Mark Jensen, partner and national director, Venture Capital Services, Deloitte & Touche LLP. "We applaud the successes of Offermatica and acknowledge its place as one of the few to accomplish such a fast growth rate over the past three years."

"We are honored to be recognized by Deloitte for our strong performance," said Matt Roche, CEO, Offermatica. "The rapid growth we have experienced, highlighted by this achievement, is a testament to the wide adoption of our technology, the dedication of our employees, and the strength of our partnerships with some of the most innovative companies in the world."

Offermatica customers share in the excitement of this accolade. "Esurance is thrilled to congratulate Offermatica for being included in Deloitte's Fast 50 list. This award reflects the innovation and customer focus that are essential for success in a highly competitive, dynamic marketplace. Particularly because Esurance shares those same values, we are proud to salute our partner, Offermatica, on its achievement," said Megan Hanley, Vice President of Direct Marketing, Esurance, Inc.

To qualify for the Technology Fast 50 Rising Star program, companies must be incorporated a minimum of three years and have revenues in only three or four years, have operating revenues of at least $50,000 in 2004 and $5,000,000 in 2006, be headquartered within the San Francisco Bay Area (subsidiaries or divisions are not eligible, unless they have some public ownership and are separately traded), 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.

Rising Star companies are automatically entered in Deloitte's Technology Fast 500 Rising Star category. Deloitte's Technology Fast 500 program ranks North America's top 500 fastest growing technology, media, telecommunications, and life sciences companies based on percentage revenue growth over five years (2002-2006). Its Rising Star ranking is based on percentage revenue growth over three years (2004-2006). For more information on Deloitte's Technology Fast 500 or Technology Fast 50 programs, visit http://www.fast500.com.

About Offermatica

Offermatica is the leading platform provider to test, measure and optimize online marketing and advertising campaigns. The company's technology enables marketers and advertisers to quickly test online content to increase sales and leads, reduce customer acquisition costs and improve customer interactions.

Companies like CNET, T-Mobile, and VeriSign have dramatically increased the ROI from their websites, online ads, email campaigns, and search listings with Offermatica's on-demand testing and optimization services. For more information, visit www.offermatica.com. For press inquiries, please contact Stephanie Yang at (415) 593-9431.

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.

Contact Information

  • PR CONTACT:
    Stephanie Yang
    Offermatica
    Email Contact
    (415) 593-9431