SOURCE: TicketNetwork

TicketNetwork

October 26, 2009 14:53 ET

TicketNetwork Ranks Sixth in Deloitte's 2009 Technology NY/ NJ/ CT Fast 500™ List

Attributes Growth to Loyal Ticket Buyers and Dedicated Corporate Team

VERNON, CT--(Marketwire - October 26, 2009) - TicketNetwork.com, the leading source for event ticket inventory, today announced that it ranked number six on Technology Fast 500™, Deloitte LLP's list of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentages of fiscal year revenue growth during the five-year period from early 2004 through 2008. TicketNetwork grew 6348% during this period.

TicketNetwork's CEO, Don Vaccaro, credits the company's growth to its consumer centric approach and the tremendous dedication of the entire management team and staff. "This is the second year in a row that TicketNetwork is positioned in the top ten of the prestigious revenue based, tri-state area Deloitte ranking. We are pleased to be recognized for our contributions to the Connecticut economy as well as our technological leadership and our ability to provide budget-friendly priced tickets to concert and theater-goers as well as sports fans nationwide. TicketNetwork will continue to focus its efforts on enhancing the overall customer experience and engaging stronger brand loyalty among ticket buyers," added Vaccaro.

In 2008, TicketNetwork ranked number one in the Deloitte Fast 500™, which represents companies based in New York, New Jersey, and Connecticut. Overall, Technology Fast 500™ award winners for 2009 had growth rates ranging from 212 to 146,050 percent over five years, with an average growth rate of 2,486 percent. Additionally, TicketNetwork was named a finalist in software category of the UHY LLP Tech Top 40.

Technology Fast 500™ Selection

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.

About UHY LLP Tech Top 40

The Connecticut Technology Council and UHY LLP released its 2009 list of the 40 fastest growing technology companies in Connecticut. The list of winning companies, titled UHY LLP Tech Top 40, is compiled on the basis of revenue growth over the last four years. Companies considered for this recognition have at least $3M in revenue, with some of the public companies winning this year exceeding $1 Billion in revenue.

About TicketNetwork

TicketNetwork is the leading source for event tickets and innovative technology solutions for both ticket buyers and sellers. With over $1B in real-time ticket inventory, TicketNetwork's extensive ticket marketplace provides sought-after tickets to concerts, sports, theater and live events worldwide. The company's retail website, TicketNetwork.com, is a secure site for purchasing tickets in the secondary market. TicketNetwork complies with the credit card industry's highest security standards. PCI Compliance, PA Security Standards and EVSSL certifications are in place during every ticket purchase and sale. TicketNetwork's signature Point-of-Sale™ software powers real-time ticketing transactions for both B2B and B2C web sites, making it the leading innovative software platform in the secondary ticketing industry. TicketNetwork, Inc. properties include: TicketNetwork.com, Ticket Software, LLC, TicketLiquidator.com, TicketNetwork Direct, TicketNews and Ticket Summit. TicketNetwork was founded in 2002 and is headquartered in Vernon, Connecticut.

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