Accruent Named One of Los Angeles' Fastest-Growing Technology Companies by Deloitte's Technology Fast 50.Attributes Innovative Solutions, Focus, and Commitment to Delivering Customer Value to Sixth Consecutive Win and #10 Ranking SANTA MONICA Santa Monica (săn`tə mŏn`ĭkə), city (1990 pop. 86,905), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1886. Tourism and retailing are important, and the city has motion-picture, biotechnology, and software industries. , Calif. -- Accruent, Inc., the leading provider of Real Estate Performance Management solutions, today announced that it has been ranked #10 by Deloitte's Technology Fast 50 for the Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. area. This prestigious program selects the 50 fastest-growing technology, media, telecommunications, and life sciences companies in a geographic area and is spearheaded by Deloitte & Touche USA LLP LLP - Lower Layer Protocol , one of the nation's leading professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. organizations. Company rankings are based on percentage revenue growth from 2001 through 2005. Accruent has achieved a 295% increase in revenues during this period. Accruent's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Mark Friedman credits the company's sixth consecutive ranking and fast growth to its innovative spirit, discipline, and drive. "The ability to attain this kind of sustained revenue increase requires teamwork and a product that offers significant business value. Accruent is dedicated to providing comprehensive Real Estate Performance Management solutions that enable enterprises to manage their entire real estate lifecycle -- from initial site evaluation to daily operations." "To be selected to Deloitte's Technology Fast 50, companies must have phenomenal revenue growth over a five year period," said Anthony J. Buzzelli, Vice Chairman, National Managing Partner, US Regions, Deloitte & Touche LLP. "Accruent is one of the true fast-growth success stories in Los Angeles, and we applaud its dedication to transforming vision into reality." The Technology Fast 50 Technology Fast 50 companies must have had operating revenues of at least $50,000 in 2001 and $5,000,000 in 2005, be headquartered in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , own proprietary technology or intellectual property that contributes to a significant portion of their operating revenues, or devote a significant proportion of revenues to technology research and development. Using other companies' technology or intellectual property in a unique way does not qualify a company for consideration. This year's Los Angeles Technology Fast 50 program is co-presented by Deloitte & Touche USA LLP and Porsche Motorsport, Continental Airlines, Comerica, Marsh, Stradling Yocca Carlson & Rauth, Cresa Partners, and Merrill Corporation, in association with the Technology Council of Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, . Winners of the 16 regional Technology Fast 50 programs in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada are automatically entered in Deloitte's Technology Fast 500 program, which ranks North America's top 500 fastest-growing technology, media, telecommunications, and life sciences companies. For more information about Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com. About Accruent, Inc. Founded in 1995, Accruent is leading the industry with a new generation of enterprise-class solutions designed to fully leverage Real Estate assets and decisions as a corporate advantage. The Accruent Real Estate Performance Management solutions optimize the impact that real estate locations -- stores, restaurants, bank branches, and corporate offices -- have on company performance by driving revenue growth, reducing costs and achieving financial compliance. Accruent's solutions are used by over 340 of the world's largest companies including 20% of the Fortune 500 and 40% of the Top 100 Retailers. For more information, please visit www.accruent.com. About Deloitte Deloitte refers to one or more of Deloitte Touche Tohmatsu Deloitte & Touche (also referred to as Deloitte Touche Tohmatsu, and branded as Deloitte.) is the second largest professional services firm in the world, and one of the Big Four auditors, along with PricewaterhouseCoopers, Ernst & Young and KPMG. , a Swiss Verein A Swiss Verein ("Verein" is German for "Union") is a legal structure in Swiss law. It is similar to the Anglo-American voluntary association. Unlike Germany, a Swiss Verein does not need to be registered in order to have a separate legal personality. Most Swiss NGOs resp. , its member firms and their respective subsidiaries and affiliates. 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. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein. Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP. Editor's Note Editor's Note (foaled in 1993 in Kentucky) is an American thoroughbred Stallion racehorse. He was sired by 1992 U.S. Champion 2 YO Colt Forty Niner, who in turn was a son of Champion sire Mr. Prospector and out of the mare, Beware Of The Cat. Trained by D. : All Accruent brand and product names are trademarks or registered trademarks of Accruent, Inc., in the United States and other countries. All other products or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners. |
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