CHESAPEAKE, Va., Nov. 13, 2014 /PRNewswire/ -- CDYNE today announced it ranked 197 on Deloitte's Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. CDYNE grew 504 percent during this period.
CDYNE's chief executive officer, James Keown attributes the company's 504 percent revenue growth on continued focus on quality and features in its product suite. He said, "This has been a difficult economy in which to operate, but our staff has remained diligent in providing quality in our products while still competing well on price. Our customer base has increased because of it. Today's businesses are looking for innovative solutions that are reliable and secure and we are well positioned to help them achieve their goals."
"The companies ranked on the 2014 Deloitte Technology Fast 500 continue to set the bar for their industry higher each year," said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. "There are so many exciting products and smart thought leaders driving this list. We congratulate the Fast 500 companies and look forward to seeing them continue their momentum into 2015."
"For 20 years, the Deloitte Fast 500 rankings have honored the innovation that is part of these companies' DNA," added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. "We're glad to be serving these high-growth companies, and helping the technology sector recognize the great strides and transformation these companies are making in their respective areas."
CDYNE previously ranked 158 as a Technology Fast 500™ award winner for 2013.
About Deloitte's 2014 Technology Fast 500™
Technology Fast 500, conducted by Deloitte 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 2009 to 2013.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years and be headquartered within North America.
CDYNE provides enterprise Communication and Data Quality APIs to solve business needs for real-time Communication and Data Quality verification. APIs are easily integrated into existing applications and include Phone Notify!, SMS Notify!, PAV, and more. CDYNE billing is transaction-based and post-pay. There are no contracts, startup fees, or cancellation charges. For more information, visit www.cdyne.com or call 1-800-984-3710.
PR Contact: William Chenoweth, CDYNE, 757-544-9510 or [email protected]