SOURCE: Usablenet

Usablenet

February 07, 2013 09:55 ET

Usablenet Ranked #75 in Forbes' America's Most Promising Companies Ranking

From Thousands of Brands, Usablenet Selected as a Technology Company to Watch

NEW YORK, NY--(Marketwire - Feb 7, 2013) - Usablenet, a global technology leader in mobile and multichannel customer engagement, was ranked #75 on Forbes' annual ranking of America's Most Promising Companies -- a list of one hundred privately held, high-growth companies with bright futures. In a ranking focused on company growth, revenue, size of market, and executive leadership within the company, Usablenet stands out as the leading mobile and multichannel technology provider.

"Usablenet's recognition in the Forbes' America's Most Promising Companies list reinforces our market leadership in the mobile and multi-channel space," said Nick Taylor, CEO of Usablenet. "Today, Usablenet powers the mobile experiences of over 400 companies, and we've grown significantly in the past three years. We continue to be laser-focused on working with our clients as a strategic partner to improve the experience for their mobile customers."

In addition to this latest recognition, Usablenet was also recently named the fifth fastest growing company in New York as part of the Crain's Fast 50 and ranked #130 on the Deloitte Fast 500 ranking, which rates the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. The company has also been consistently recognized in Inc. 5000's list of fastest growing companies in America.

Ranking Methodology for Forbes America's Most Promising Companies
One metric never says it all. For the Most Promising list, FORBES strove for a holistic gauge of young, privately-held companies, trying to pin down their trajectories by looking at a slew of variables. Over the course of six months FORBES reviewed thousands of applications. The final assessment is based on growth (both in sales and hiring), quality of management team and investors, margins, market size and key partnerships. FORBES turned to CB Insights, a Manhattan-based data research firm that specializes in assessing private companies, to refine the search. Their MOSAIC software scans 45,000 sources to measure a company's health. A new distribution deal, for example, marks a positive signal, while the loss of an executive is a negative. MOSAIC gathers those myriad signals into a final score that FORBES uses as an initial guide in producing the list. After verifying sales numbers, speaking with each company and debating their merits and blemishes, FORBES produces a final ranking.

About Usablenet
Usablenet is a global technology leader for mobile and multichannel customer engagement. Usablenet's proven technology platform allows leading companies in all sectors to extend their brand to consumers across multiple channels, including mobile phones, apps, tablet and in-store kiosks. Usablenet's clients include Amtrak, American Airlines, Dell, FedEx, Marks & Spencer and others. Founded in 2000, Usablenet is a private company headquartered in New York City with offices in Los Angeles, Italy and London. For more information, visit us at http://www.usablenet.com or on Twitter @Usablenet.

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