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10/19/2006 -- IPOWER Named Rising Star in Deloitte's Technology Fast 500 Program
Phoenix, Ariz. (October 19, 2006) - IPOWER, Inc., (www.ipower.com) has been named a Rising Star on Deloitte's 2006 Technology Fast 500. A special category, the Rising Star list ranks 25 companies that have been in business three or four years. They are ranked based on percentage revenue growth over three years (2003 to 2005). Deloitte's Technology Fast 500 is a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America.
IPOWER's CEO Thomas Gorny credits delivering high-value web hosting solutions at very competitive price points with the company's stellar revenue growth. He said, "Listening to the customer is key. It then becomes a team effort across the company to bring to life valuable services that positively impact the customer's bottom line. We are pleased to be recognized as one of the Top 25 fastest growing young companies in North America."
"Making Deloitte's Technology Fast 500 Rising Star is a testament to a company's vision that has resulted in exceptional growth over three years. IPOWER's leadership team has the right stuff for growth, and Deloitte salutes their accomplishments," said Tony Kern, deputy managing principal of Deloitte's Technology, Media & Telecommunications industry practice.
Rising Star Qualifications
To qualify as a Fast 500 Rising Star, entrants must have had 2003 operating revenues of at least $50,000 USD or $75,000 CD, for the United States and Canada, respectively, and 2005 operating revenues of at least $5 million USD or CD.
Entrants must be headquartered in North America, and own proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues, or devote a significant proportion of revenues to the research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify.
About IPOWER
IPOWER, Inc., founded in October 2001, provides web hosting and web services for small- and medium-sized businesses worldwide looking to build, manage, promote and profit from an online presence. The company, which offers domain registration, web site hosting, e-commerce tools, merchant services, application hosting, online marketing, site optimization services, and web site design, is also famous for the speed and effectiveness of its customer support. IPOWER is the 5th largest web site hosting company worldwide and now has over 500,000 customer accounts in over 100 countries. For more information call 888-511-HOST (4678) or visit http://www.ipower.com.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates. Deloitte Touche Tohmatsu is an organization of member firms around the world devoted to excellence in providing professional services and advice, focused on client service through a global strategy executed locally in nearly 150 countries. With access to the deep intellectual capital of approximately 135,000 people worldwide, Deloitte delivers services in four professional areas-audit, tax, consulting and financial advisory services-and serves more than one-half of the world's largest companies, as well as large national enterprises, public institutions, locally important clients, and successful, fast-growing global growth companies. Services are not provided by the Deloitte Touche Tohmatsu Verein, and, for regulatory and other reasons, certain member firms do not provide services in all four professional areas.
As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte", "Deloitte & Touche", "Deloitte Touche Tohmatsu", or other related names.
In the United States, Deloitte & Touche USA LLP is the member firm of Deloitte Touche Tohmatsu, and services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP, and their subsidiaries), and not by Deloitte & Touche USA LLP. The subsidiaries of the U.S. member firm are among the nation's leading professional services firms, providing audit, tax, consulting, and financial advisory services through nearly 40,000 people in more than 90 cities. Known as an employer of choice for innovative human resources programs, it is dedicated to helping their clients and their people excel. For more information, please visit the U.S. member firm's Web site at www.deloitte.com/us.
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