Attributes proprietary database and technology for its 296 Percent Revenue
RADNOR, Pa., Nov. 12 /PRNewswire/ -- HTH Worldwide, a global health and safety services company, today announced that it ranked number 435 on Deloitte's 2008 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage of fiscal year revenue growth over five years, from 2003-2007. HTH Worldwide grew 296 percent during this period.
HTH Worldwide President and CEO Angelo Masciantonio says the company's proprietary global database of physicians and new mobile technologies such as mPassport(SM) are major reasons for the company's 296 percent revenue growth from 2003-2007. "At our core, we are focused on developing easy-to-use, intuitive technologies and building what has become an incredibly robust global database of carefully selected doctors, hospitals and pharmacies," said Masciantonio. "However, we understand fully that in order to deliver optimum value to our customers we must surround this offering with a great client experience. Providing great service around our technology is what drives our growth."
"Deloitte's Technology Fast 500 recognizes companies who have achieved extraordinary growth in North America's most innovative and competitive market sectors," said Phil Asmundson, Deloitte LLP vice chairman and national managing partner for Technology, Media and Telecommunications. "We congratulate HTH Worldwide on this significant accomplishment."
HTH Worldwide previously ranked number 323 on Deloitte's 2007 Technology Fast 500.
In addition to ranking on Deloitte's Technology Fast 500, HTH Worldwide ranked 21 on the Philadelphia Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in Philadelphia.
Overall, companies that ranked on the 2008 Technology Fast 500 had growth rates ranging from 242 to 138,762 percent over five years, with an average growth rate of 3,043 percent.
Fast 500 Selection and Qualifying Criteria
The Fast 500 ranks the fastest growing technology, media, telecommunications and life sciences companies in North America. It is compiled from Deloitte's regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. Companies are selected based on percentage revenue growth from 2003 to 2007.
Entrants must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues or devote a significant proportion of revenues to research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify. Base-year operating revenues must be at least $50,000 USD or $75,000 CD, and current-year operating revenues must be at least $5 million USD or CD. Companies must be in business a minimum of five years, and they must be headquartered within North America.
About HTH Worldwide
HTH Worldwide provides health insurance plans and global medical assistance services for business and leisure travelers as well as students abroad. HTH programs are distinguished by a contracted community of hospitals and doctors in 180 countries. HTH combines its health and safety research, advanced Internet and mobile applications, and extensive experience in designing and delivering international health insurance plans to ensure customers' health, safety and peace of mind. HTH was recently named one of North America's fastest growing companies in Deloitte's Technology Fast 500. For more information, visit http://www.hthworldwide.com.
As used in this document, "Deloitte" means Deloitte LLP. Please see
http://www.deloitte.com/about for a detailed description of the legal structure of
Deloitte LLP and its subsidiaries.
Contact: Cass Oryl
|SOURCE HTH Worldwide|
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