SOURCE: Swagbucks

Swagbucks

November 18, 2014 12:00 ET

Swagbucks Ranked # 96 Fastest Growing Company in North America on Deloitte's 2014 Technology Fast 500™

Attributes 1,204% Percent Revenue Growth to the Swagbucks Mission

EL SEGUNDO, CA--(Marketwired - Nov 18, 2014) - Prodege, LLC (www.prodege.com) -- the parent company of Swagbucks.com, the web's largest rewards site -- announced today it ranked #96 on Deloitte's Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Swagbucks' #96 ranking is based on the 51 percent that company has grown over the past year.

Swagbucks' chief executive officer, Chuck Davis, credits the 12 million site members who have earned nearly $80 million in rewards -- or 'Swaggernauts,' as they have named themselves -- and company mission with its continued, fast-paced growth.

"Our main goal is to always put the consumer first so they can earn that 'little extra'," said Swagbucks CEO Chuck Davis. "By tailoring a diverse array of channels for our members to earn rewards, we've also been able to give retailers and advertisers the opportunity to connect with their consumer-base at a variety of different points."

"The companies ranked on the 2014 Deloitte Technology Fast 500 continue to set the bar for their industry higher each year," said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. "There are so many exciting products and smart thought leaders driving this list. We congratulate the Fast 500 companies and look forward to seeing them continue their momentum into 2015."

"For 20 years, the Deloitte Fast 500 rankings have honored the innovation that is part of these companies' DNA," added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. "We're glad to be serving these high-growth companies, and helping the technology sector recognize the great strides and transformation these companies are making in their respective areas."

"Swagbucks has built a strong and successful business in a relatively short period of time," said Founder and President Josef Gorowitz. "Since our inception, we've awarded over $75 Million of rewards to our valued members and we have been profitable since 2010. In 2013 alone, we had $53 million in revenues."

About Deloitte's 2014 Technology Fast 500™
Technology Fast 500, conducted by Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies -- both public and private -- in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2009 to 2013.

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years and be headquartered within North America.

About Prodege/Swagbucks
Swagbucks.com is the web's leading rewards discovery community and top provider of free gift card awards for everyday digital life, helping consumers stretch their household budgets. Headquartered in El Segundo, California under Prodege, LLC, Swagbucks is the original digital rewards currency for a wide variety of online activities including shopping, entertainment, surveys, discounts, games, search and more. Prodege also owns and operates a portfolio of other digital businesses, including the SodaHead polling business and nCrave video discovery site.

Contact Information

  • Media Contact:
    Mark Lindsey
    Director of Public Relations
    Swagbucks
    (310) 437-8189
    mark.l@prodege.com