SOURCE: TicketNetwork
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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.