TOMS RIVER, N.J., Nov. 9, 2012 /PRNewswire/ -- Yashi, Inc., a New Jersey-based online advertising network delivering billions of ads monthly to thousands of websites, is announcing today that it has been named one of New Jersey's 2012 50 Fastest Growing Companies. The award program is produced by NJBIZ and is presented by ParenteBeard and sponsored by PNC Bank and UnitedHealthcare.
Yashi, which was founded in 2007, has grown to one of the largest video advertising networks globally, now delivering over 100 million monthly video advertisements to thousands of websites.
"We are very honored to be named among the top 50 fastest growing companies in New Jersey. We're particularly thrilled since unlike other awards where popularity may play a role, this award is based purely on revenue growth, which is the direct result of our team's effort over the last four years. Over the past five years we have experienced exponential growth and we anticipate that, with the help of our experienced staff and management, we will continue our growth in the future," said Jay Gould, CEO & co-founder of Yashi.
The NJBIZ 50 Fastest Growing Companies awards program celebrates New Jersey's most dynamic companies who progressively contribute to the success of the state's economic growth and stability. To qualify, companies had to meet selection criteria that included a revenue size of at least $500,000 within the past three out of four years and growth in revenue over a four-year period, dating from fiscal year 2008 to 2011.
Presenting sponsor ParenteBeard calculated the nominations and then ranked the companies according to revenue growth over the four-year period. Both dollar and percentage increases were taken into consideration.
"We are very proud that during the worst economic downturn since the great depression, Yashi has continued its growth and added new jobs in the Toms River, New Jersey area, within the fastest growing industry, Online Advertising," said Jay Gould, CEO of Yashi.
Yashi manages a global online advertising network of thousands of websites. Advertisers work with Yashi to reach targeted audiences across the long-tail of the Internet through the use of standard and non-IAB display and pre-roll advertisements.
Those interested in learning more about Yashi and its services are encouraged to visit online at http://www.yashi.com or dial 1-800-979-1262. Yashi also maintains social media presence at http://www.facebook.com/yashigroup and http://www.twitter.com/yashigroup.
NJBIZ and the program sponsors will honor this year's 50 fastest growing companies and announce their ranking during an awards dinner and ceremony on Tuesday, November 13, 2012 at the Palace at Somerset Park in Somerset, New Jersey. The honorees will also be highlighted in a special supplement to NJBIZ on November 19, 2012. To view the full list of New Jersey's fastest growing companies, please visit http://bit.ly/SFhT1u.
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SOURCE Yashi Media Group