SOURCE: Ritz Interactive, Inc.

October 22, 2007 09:00 ET

Ritz Interactive Named to Deloitte's Technology Fast 50 Growth Companies in Orange County

Attributes Customer-Centric Business Approach and Expanded Product Assortment to Its 90.8 Percent Revenue Growth

IRVINE, CA--(Marketwire - October 22, 2007) - Ritz Interactive, Inc. has been named to Deloitte's prestigious Technology Fast 50 Program for Orange County, a ranking of the 50 fastest growing technology, media, telecommunications, and life sciences companies in the area by Deloitte & Touche USA LLP, one of the nation's leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2002-2006.

Ritz Interactive's president and CEO, Fred H. Lerner credits the company's 90.8 percent revenue growth from 2002-2006 to an expanded assortment of high-end digital cameras and consumer electronics, an emphasis on customer service and the popularity of online shopping. "We offer our valued customers a wide assortment of lifestyle products ranging from digital cameras, photographic accessories and plasma TVs, to boating and fishing equipment and golf apparel. It's all about customer service, competitive prices and online shopping convenience," Lerner said.

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006, be headquartered in North America, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes 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.

Companies from the 16 regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte's Technology Fast 500 program, which ranks North America's top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.

About Ritz Interactive, Inc.

Ritz Interactive is an award-winning, specialty online and e-commerce service provider that operates a network of websites offering high quality, branded lifestyle products. Since its inception in Irvine, California in 1999, the company has become a leader in providing a full array of photographic and digital cameras, consumer electronics, and marine, boating and fishing products at competitive prices for online shoppers. Ritz Interactive's leading photo-specialty e-commerce websites are RitzCamera.com and WolfCamera.com, while the company's leading marine e-commerce website is BoatersWorld.com. Each of the individually branded and marketed websites offers a broad and deep selection of competitively priced products and brings an established brick-and-mortar reputation to the company's e-commerce platform.

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

  • Contact:
    Andre Brysha
    Ritz Interactive, Inc.
    Tel: 949-442-0205
    Fax: 949-442-0210
    E-Mail: Email Contact