Ritz Interactive recognized for growth
IRVINE, Calif. – E-commerce network Ritz Interactive, Inc., which includes BoatersWorld.com and InsideSportfishing.com, has been named the fourth fastest growing technology company in Orange County, Calif., by Deloitte’s Technology Fast 50 Program, Ritz said in a release today.
The Technology Fast 50 rankings from professional services firm Deloitte & Touche LLP are based on the percentage of growth in fiscal year revenues over five years, from 1999-2003.
“In an era where technology companies come and go, making the Deloitte Fast 50 is a testament to a company’s vision that allows growth over five years,” said Mark Miskinis, partner in the Technology, Media & Telecommunications practice with Deloitte. “Ritz Interactive’s leadership has the right stuff for growth, and Deloitte salutes their accomplishments.”
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 1999 and $1 million in 2003, must be public or private companies headquartered in North America, and be a “technology company,” defined as owning proprietary technology that contributes to a significant portion of the company’s operating revenues (using other companies’ technology in a unique way does not qualify); and/or devoting a significant proportion of revenues to research and development of technology.
Winners of the 19 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte Technology Fast 500 program, which ranks North America’s top 500 fastest growing technology companies.
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