Toronto, Ontario, Canada – (The Hosting News) – September 30, 2005 – Hostopia, a provider of private-label hosting, email, and application services, has been presented with Deloitte Technology’s Fast 50, Companies-To-Watch award.
According to Franc Nemanic, President, and Founder of Hostopia, ”We’re very proud to have been presented with Deloitte’s Companies-To-Watch award. Hostopia was evaluated based on rigorous metrics including our competitive advantage, market attractiveness, organizational effectiveness, and financial performance. We are very confident, due in part to our 13,000% revenue growth, once we complete our fifth-full year of fiscal reporting we’ll be on Deloitte’s Technology Fast 50 list.”
Hostopia’s partners understand that the web services industry is extremely promising but full of risks – risks such as the tremendous expense of developing an in-house solution while price trends erode revenues even though subscriber counts are on the rise. With this understanding more than 350 service providers have chosen to partner with Hostopia to significantly reduce their operating expenditures and to grow at five times the industry average.
”This has been a banner year for Hostopia and Senior Management would like to express their gratitude to their diligent and passionate employees who are responsible for Hostopia’s phenomenal success”, said Franc.
Garry Foster, National Director, Technology, Media and Telecommunications, Deloitte. added, ”Being presented with Deloitte’s Technology Fast 50, Companies-To-Watch award is a testament to a company’s vision that has resulted in exceptional growth. Hostopia’s leadership team has the right stuff for growth, and Deloitte salutes their accomplishments.”
For further information, please visit: www.hostopia.com.