BOHEMIA, N.Y., Nov. 22, 2016 /PRNewswire/ -- Andrea Electronics Corporation (OTCBB: ANDR), digital audio input enhancement pioneer, today announced that Deloitte has published its 2016 North America Technology Fast 500™ rankings, with software companies dominating the field and Andrea Electronics ranking in the top half of all companies placing at number 243.
Deloitte's announcement explains that the Technology Fast 500 is the leading technology awards program. Combining technological innovation, entrepreneurship, and rapid growth, Fast 500 companies -large, small, public, and private - hail from cities far and wide across North America and are disrupting the technology industry. Representing industries from software to biotech, Fast 500 companies play in the SaaS, cloud computing, data analytics, and mobile sectors. Awardees are selected for this honor based on percentage fiscal year revenue growth from 2012 to 2015. Overall, 2016 Technology Fast 500 companies achieved revenue growth ranging from 121 percent to 66,661 percent in the 2012 to 2015 time frame, with a median growth of 290 percent.