DALLAS (Oct. 15, 2007) – Masergy, a global service provider specializing in simplifying business networks for enterprises, has been ranked 22nd among this year’s Deloitte’s Technology Fast 500, an annual listing of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America based on percentage revenue growth over five years.
“To rank on Deloitte’s Technology Fast 500, companies must achieve phenomenal revenue growth over five years,” said Phil Asmundson, vice chairman, U.S. Technology, Media and Telecommunications, Deloitte & Touche USA LLP. “We applaud Masergy for being among the fastest growing companies in North America.”
To qualify for the Technology Fast 500, companies must have had base-year operating revenues of at least USD $50,000 and current-year operating revenues of at least USD $5 million; be headquartered in North America; be in business a minimum of five years and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company’s operating revenues; or devotes a significant proportion of revenues to the research and development of technology.
Entering the Technology Fast 500 ranked 22nd with a growth rate over five years of 7,229 percent, Masergy has built its customer base by delivering the industry’s best enterprise networking experience. The company’s unique solutions, simplified billing and exceptional customer service and support have contributed to an industry-leading 99-percent customer retention rate.
“We are thrilled to join Deloitte’s Technology Fast 500 amid a group of companies who have achieved extraordinary growth,” said Barry D. Nalls, Masergy president and CEO. “Masergy’s consistent growth and success during the past five years can be attributed to our unwavering commitment to enhancing the customer networking experience while offering next- generation technologies that add real business value.”
Masergy simplifies enterprise networking by delivering embedded, global network services and enabling enterprise control and flexibility to dynamically manage the network via a secure Web portal while ensuring the highest performance. Masergy consistently delivers innovative technology that simplifies networking for enterprises while lowering the total cost of ownership (TCO) and delivering predictable application performance and outstanding network availability.
In addition to ranking on Deloitte’s Technology Fast 500, Masergy ranked 4th on the Texas Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in Texas. In August, Masergy announced its debut at #24 among telecommunications companies and #437 overall on the 26th annual Inc. 500 list of the fastest-growing private companies in the United States.
Masergy is a privately held global network service provider specializing in delivering the strongest customer experience in the telecommunications industry. Serving hundreds of customers throughout Europe, Asia, Africa, Australia and the Americas, Masergy leverages advanced transport technologies to deliver global Ethernet services across a native MPLS network. The company pioneered customer-controlled network services and the delivery of multiple services over a single network connection. Masergy’s customers include companies from the financial/banking, healthcare, entertainment broadcasting, hospitality/hotels and manufacturing industries. Masergy is ranked #24 among Telecommunications companies in the Inc. 500. More information is available online at https://www.masergy.com or by calling +1 866-MASERGY.
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