TechTarget Recognized as Third Fastest-Growing Private Company in Massachusetts.Business/Technology/Advertising Editors & Publishing/Media Writers NEEDHAM, Mass.--(BUSINESS WIRE)--March 10, 2003 Nearly Fourfold fourfold Adjective 1. having four times as many or as much 2. composed of four parts Adverb by four times as many or as much Adj. 1. Revenue Growth Propels IT Media Company to Top Tier of "50 Fastest-Growing Private Companies" IT media company TechTarget announced today that it has been recognized by the Boston Business Journal as the third fastest-growing private company in Massachusetts Massachusetts (măsəch  `sĭts), most populous of the New England states of the NE United States. . TechTarget is the only IT media company named to the Boston Business Journal's annual list of the area's "50 Fastest-Growing Private Companies," published in the February 28 issue. The list ranks Massachusetts-based private companies by revenue growth for the three-year period 2000 to 2002. Founded in September 1999, this is the first year TechTarget has been eligible for the list. Since January 2001, TechTarget has grown its revenues nearly fourfold. During that same period, the leading technology magazines saw their advertising revenues fall an estimated 44.9 percent(1). "In three years, we've created a new ROI-centered model for IT media and events. Our unique success has served notice to other media that it is no longer 'business as usual' for IT advertising," said TechTarget 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. Greg Strakosch. "We're proud that the Boston Business Journal has recognized our success in its annual list of "Fastest-Growing Private Companies." This achievement would not have been possible without the contributions of the dedicated employees that have helped make TechTarget the only IT media company to grow--not only in Massachusetts, but in the nation." About TechTarget IT media company TechTarget offers the most targeted media for enterprise IT professionals, including invitation-only conferences, e-mail newsletters, Webcasts, Storage magazine, and the only network of IT Web sites targeted to specific segments of the IT market. TechTarget's more than 1000 advertisers include the leading IT companies in the world, among them, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Microsoft, Oracle, Sun Microsystems Sun Microsystems, Inc. (NASDAQ: JAVA[3]) is an American vendor of computers, computer components, computer software, and information-technology services, founded on 24 February 1982. , Intel Corp., EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies. Corp., and HP. More information about TechTarget is available at www.techtarget.com. (1)Technology Advertising and Branding Report, January 13, 2003. Estimated ad revenues for 47 leading technology magazines tracked monthly by TABR TABR Targeted Area Background Report TABR Targeted Third Countries . |
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