SOURCE: Quova, Inc.

Quova, Inc.

October 26, 2009 08:00 ET

Quova Named One of Valley's Fastest-Growing Private Companies by Silicon Valley San Jose Business Journal

IP Geolocation Leader Selected for Two Recent Awards Based on Strong Company Growth

LONDON--(Marketwire - October 26, 2009) - Quova, Inc., the leading provider of IP geolocation data and services, today announced that is has been named one the of Fastest-Growing Private Companies in Silicon Valley by the Silicon Valley San Jose Business Journal. This recognition comes only a month after Quova was also named to Inc. Magazine's Inc. 5000 list of successful private companies. Quova was recognized on both lists for its strong 55 percent revenue growth over the past three years.

Quova provides IP geolocation data, which determines the physical location and Internet connection characteristics of a Web visitor. Organizations leverage this data to help make business decisions in four primary areas -- fraud prevention, marketing, compliance and security. Quova customers include the BBC, MLB.com, Continental Airlines and Expedia.com.

The Fastest-Growing Private Companies list ranks privately held Silicon Valley companies based on financial growth within a three-year sales history. 70 companies made this year's list as the strongest and quickest-growing organizations in the Valley. In September, Quova was also named to Inc. Magazine's Inc. 5000, a highly regarded list of fast-growing private companies in America.

"These recent acknowledgments are a great testament to the strength of Quova's business proposition and the team behind the company," said Marie Alexander, president and CEO of Quova. "Businesses are continuing to recognize the power of location information for geotargeting advertising campaigns, localizing Web content, strengthening fraud models and more. I'm proud that this company continues to grow and be recognized for innovation and upward movement."

About Quova

Quova, Inc. enables online businesses to instantly identify where a visitor to their Web site is geographically located. Online companies including broadcasters, e-retailers, ad networks, banks, and government agencies integrate Quova's IP geolocation data into their Web applications to geotarget their advertising and content, detect card-not-present fraud, manage distribution of digital content, comply with local laws, and more. Quova delivers detailed demographic and network characteristic data about an IP address and the data is 99.9% accurate at the country level and up to 98.2% accurate at the US state level (attested to by Pricewaterhouse Coopers). Quova, founded in 2000, is based in Mountain View, California, and is privately owned http://www.quova.com

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