NEW YORK, Oct. 19, 2011 /PRNewswire/ -- TRAFFIQ, a leading end-to-end digital media planning and buying company, today announced it ranked 25th on Deloitte's Technology Fast 500™ ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. TRAFFIQ grew 7,141 percent between 2006 and 2010, the period on which Deloitte based the ranking.
TRAFFIQ CEO Nick Pahade credits the company's rapid growth to its commitment to customers and ability to use technology to automate and simplify client communications:
"We succeed by helping clients grow, maximizing their ROI with an efficient, easy-to-use self-service platform to facilitate digital media buying and selling," said Mr. Pahade. "We're proud to have our efforts recognized by inclusion in the Technology Fast 500™."
"TRAFFIQ, like all 2011 Technology Fast 500™ companies, has excelled in fostering innovation and channeling it into spectacular growth – against the backdrop of one of the most challenging economies in history," said Eric Openshaw, vice chairman and U.S. technology, media and telecommunications leader, Deloitte LLP. "Deloitte recognizes TRAFFIQ for its remarkable accomplishment."
"We are pleased to honor TRAFFIQ as a 2011 Technology Fast 500 company," said Mark Jensen, managing partner, technology and venture capital services, Deloitte & Touche LLP. "As one of the fastest growing tech companies in North America, TRAFFIQ has demonstrated excellence in technological innovation, entrepreneurship and rapid growth."
About Deloitte's 2011 Technology Fast 500™
Technology Fast 500, which was conducted by Deloitte & Touche LLP, a subsidiary of 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 2006 to 2010. 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.
TRAFFIQ (TRAFFIQ.com) is an end-to-end digital media planning, buying and management platform. It facilitates the buying and selling of display media with ease and efficiency, yielding maximum return on investment. Marketplace members include the leading advertisers, ad agencies and publishers. TRAFFIQ is a member of the IAB advisory board, helping educate interactive advertisers and publishers on best practices for industry growth. TRAFFIQ is headquartered in New York City, with offices in Vienna, VA. For more information, contact us at [email protected].