SALT LAKE CITY, Nov. 15, 2012 /PRNewswire/ -- Packsize International, the leading provider of On Demand Packaging®, today announced it ranked 372 on Deloitte's Technology Fast 500™ in the "Clean technology" industry category. The Deloitte list is a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on the percentage of fiscal year revenue growth during the five year period from 2007–2011. Packsize International grew 199 percent during this period.
"Packsize is on track to achieve the growth targets we set for 2012," said Packsize CEO Hanko Kiessner. "While we continue to carve out and define the new On Demand Packaging® industry, it is gratifying to find our efficient and cost-effective, just-in-time packaging system adopted by companies across the globe. We are making steadfast progress toward achieving smarter packaging for a healthier planet."
Packsize International was one of six Utah companies to make the Deloitte Technology Fast 500 list and the only one of the six recognized in the Clean Technology industry category.
"We are proud to honor the 2012 Technology Fast 500™ companies, and commend them for their outstanding growth," said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications (TMT) leader. "These ground-breaking companies have outpaced their competition and are reinventing the way we do business today."
About Deloitte's 2012 Technology Fast 500™
Technology Fast 500, conducted by Deloitte & Touche LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private - in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2007 to 2011.
About Packsize International LLC
Founded in 2002 and headquartered in Salt Lake City, Packsize International LLC is the world's leading provider of lean packaging systems for businesses with complex corrugated packaging needs. Also recognized by Inc. 5000, and listed by Forbes as one of America's Most Promising Companies, Packsize delivers an alternative to the existing corrugated supply chain with On Demand Packaging®. For more information, visit www.packsize.com/press.
SOURCE Packsize International