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Online Resources Cited Among Fastest Growing Technology Firms

Wednesday 15 October 2003 22:31 CET | News

Online Resources has been named one of the nations 500 fastest growing technology companies by Deloitte & Touche for the third year in a row.

The 2003 Deloitte & Touche Technology Fast 500 rankings are based on percentage revenue growth over five years, from 1998-2002, during which Online Resources grew 648 percent. Fast 500 Selection and Qualifications The Fast 500 list is compiled from Deloittes 20 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have had 1998 operating revenues of at least $50,000 USD and $75,000 CD for the United States and Canada, respectively; and 2002 operating revenues must be at least $1 million USD or CD. Deloitte researchers examined financial statements to validate operating revenues. Entrants must also be public or private companies headquartered in North America and must be a technology company, defined as a company that owns proprietary technology that contributes to a significant portion of the companys operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies technology in a unique way does not qualify.


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Categories: Banking & Fintech | Online & Mobile Banking
Countries: World
This article is part of category

Banking & Fintech