November 01, 2009 11:23 ET

PicScout Recognized Among Fastest Growing Companies

Deloitte Israel Technology Fast 50 2009 Ranks PicScout # 4

TEL AVIV, ISRAEL--(Marketwire - November 1, 2009) - PicScout, the market leader in worldwide image services and enabler of client image monetization activities, today announces that the company has been ranked among the top 10 fastest growing technology companies of the 2009 Deloitte Israel Technology Fast 50. To determine that PicScout is among the fastest growing companies in Israel, Deloitte reviewed and calculated revenue growth percentages for fiscal year revenues over five years (2004-2008), comparing growth across all technology companies, and ranking PicScout number 4.

"We are very pleased with the achievement and recognition which the Deloitte Fast 50 signifies and thank all who have worked so hard and believed in PicScout -- our investors, our team, and last but not least our loyal customers --these are the people who have enabled us to achieve this recognition," said PicScout CEO Offir Gutelzon. "We anticipate ever-increasing PicScout performance as we strengthen the image industry with our newest technology platform. Just as our success today points to our distinguished proprietary technology in image fingerprinting and tracking, PicScout looks to imminent and dramatic growth as we now enable the image industry with yet another transformative model that moves the industry to credit and monetize every image wherever one may be found."

Recently, PicScout made a series of announcements based on its powerful PicScout Image IRC http://tinyurl.com/ybfu7tj with wide industry support for its enabling platform http://tinyurl.com/yjpwdvf. PicScout developments for the industry point to a new model where every image gets its credit. With ownership and licensing clarified, and an infrastructure facilitating connection for transactions with image users, a ubiquitous online image marketplace has emerged that already boasts tens of millions of images identified and offered through the PicScout Image IRC platform.

"PicScout was ranked 4 thanks to its growth rate of 3200% over the five past years, and we commend PicScout for making the Deloitte Technology Fast 50. The industry's growing demand for PicScout's technological solution will undoubtedly enable the company to continue its significant growth in the upcoming years as well," said Tal Chen, director in charge of the Deloitte Brightman Almagor Zohar Technology Fast 50 Program.

About Deloitte Fast 50

Deloitte Brightman Almagor Zohar is one of Israel's leading professional services firms, providing a wide range of world-class audit, tax, consulting, financial advisory and trust services. Through approximately 70 partners and directors and over 1000 employees the firm serves domestic and international clients, public institutions and promising fast-growth companies whose shares are traded on the Israeli, US and European capital markets. The firm is a fully integrated member of Deloitte Touche Tohmatsu.

Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 140 countries, Deloitte brings world-class capabilities and deep local expertise to help clients succeed wherever they operate. Deloitte's more than 168,000 professionals are committed to becoming the standard of excellence. Deloitte's professionals are unified by a collaborative culture that fosters integrity, outstanding value to markets and clients, commitment to each other, and strength from cultural diversity. They enjoy an environment of continuous learning, challenging experiences, and enriching career opportunities. Deloitte's professionals are dedicated to strengthening corporate responsibility, building public trust, and making a positive impact in their communities.

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu and its member firms.

About PicScout

Founded in 2002, PicScout™ www.picscout.com, is the worldwide leader in image tracking and enabler of client image monetization services. Through its proprietary and highly scalable image recognition technology, PicScout created the image copyright protection marketplace through its widely used ImageTracker™ product and is now leading the way for image commerce to become a legitimate Internet economy. A financially independent, privately held company, PicScout has offices in the Silicon Valley, Chicago and Hertzelia, Israel. The company's products ImageTracker™ and ImageExchange™ utilize the company's Image IRC™ service platform which is based on its proprietary image recognition technology for its index, metadata registry and API connection to provide a wide variety of solutions involving image protection, ownership, identification, commerce, as well as business intelligence. PicScout is a member of PACA www.pacaoffice.org, CEPIC www.cepic.org, and BAPLA www.bapla.org.uk