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SpeechCycle Ranked Number 67 Fastest Growing Company in North America on Deloitte's 2009 Technology Fast 500[TM].

Attributes its 2700% Percent Revenue Growth to Voice Self-Service Innovation via Rich Phone Applications (RPAs)

NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- SpeechCycle today announced that it ranked number 67 on Technology Fast 500[TM], Deloitte LLP's ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies 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. . Rankings are based on percentage of fiscal year revenue growth during the five year period from 2004-2008. SpeechCycle grew more than 2700 percent during this period.

SpeechCycle'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. , Zor Gorelov, credits the company's focus on contact center automation through its Rich Phone Application (RPA RPA Remote Patron Authentication
RPA Rural Payments Agency (UK Department of Environment, Food and Rural Affairs)
RPA Replication Protein A
RPA RNAse Protection Assay
RPA Regional Plan Association
RPA Random-Phase Approximation
) innovation with the company's 2700 plus % revenue growth over the past five years. "From natural language voice portals An interactive voice response (IVR) front end to a data retrieval system. This does not differ in core technology from traditional IVR; rather, the difference is in the application presented. Where old-style IVR was mostly a routing application (press 1 for sales, 2 for service, etc. , to smart virtual agent applications, to automated IVR (Interactive Voice Response) An automated telephone information system that speaks to the caller with a combination of fixed voice menus and data extracted from databases in real time.  tuning and application enrichment enrichment Food industry The addition of vitamins or minerals to a food–eg, wheat, which may have been lost during processing. See White flour; Cf Whole grains. , SpeechCycle has been raising the bar on contact center innovation through voice self-service", Gorelov said. "And with our breakthrough Rich Phone Application platform and application authoring environment, a new wave of partner-driven growth is at hand, as we make it easy for contact center ISVs, systems integrators and voice-hosting providers to cut costs for their customers while delivering compelling phone experiences and service interactions," Gorelov added.

"Technology Fast 500[TM] recognizes innovative companies that have broken down barriers to success and defied the odds with their remarkable five-year revenue growth," said Phil Asmundson, Vice Chairman and U.S. Technology, Media and Telecommunications leader, Deloitte LLP LLP - Lower Layer Protocol . "We congratulate SpeechCycle on this accomplishment."

"With its impressive five-year growth, SpeechCycle has earned its position among the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America," said Mark Jensen, Managing Partner, Technology and Venture Capital Services, Deloitte & Touche LLP. "Deloitte is proud to honor SpeechCycle for its achievement."

Technology Fast 500[TM] Selection and Qualifying Criteria

Technology Fast 500[TM] provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. This ranking is compiled from nominations submitted directly to the Technology Fast 500[TM] website, and public company database research conducted by Deloitte. Technology Fast 500[TM] award winners for 2009 are selected based on percentage fiscal year revenue growth during the five year period from 2004 to 2008.

Deloitte's 2009 Technology Fast 500(TM) Media Guidance 4

In order to be eligible for Technology Fast 500[TM] recognition, companies must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues operating revenue

Revenue from any regular source. Revenue from sales is adjusted for discounts and returns when calculating operating revenue. Compare other revenue.
. Using other companies' technology or intellectual property in a unique way does not satisfy this requirement. Consulting companies Noun 1. consulting company - a firm of experts providing professional advice to an organization for a fee
consulting firm

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
, professional service firms, etc. are not eligible unless they have proprietary technology that contributes to a significant portion of their operating revenues. Technology Fast 500[TM] award eligibility requirements also include base-year operating revenues of at least $50,000 USD USD

In currencies, this is the abbreviation for the U.S. Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 or CD, and current-year operating revenues of at least $5 million USD or CD. These revenues must have more than doubled between 2004 and 2008. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.

About SpeechCycle

SpeechCycle, the leading provider of Rich Phone Applications (RPAs), powers innovative voice-based solutions for more than 50 enterprise deployments across more than 35 contact centers in North America and around the world. With hundreds of millions of minutes of phone-based user interactions processed through the SpeechCycle service to date, SpeechCycle is in the vanguard of a new generation of on-demand contact center automation innovators innovators

people who will try new things.


early innovators
important figures in the farming or client community because they are the leaders in the introduction of new techniques and management systems.
, delivering strategic customer value that speaks for itself. For more information please visit www.speechcycle.com.

About Deloitte

"As used in this document, "Deloitte" means Deloitte LLP. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries."
COPYRIGHT 2009 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

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Comment:SpeechCycle Ranked Number 67 Fastest Growing Company in North America on Deloitte's 2009 Technology Fast 500[TM].
Publication:Business Wire
Geographic Code:1U2NY
Date:Oct 21, 2009
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