Attributes its 3317% Revenue Growth to Increasing Need for Insider Security Solutions
LOS ANGELES, CA – October 22, 2010 – Awareness Technologies Inc., the only provider of Complete Insider Security On-Demand, today announced that it ranked #42 on the Technology Fast 500™, Deloitte’s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2005–2009. Awareness Technologies grew 3317% during this period.
Awareness Technologies Chief Executive Officer Brad Millier credits the growing need for Insider Threat Protection (including data loss prevention (DLP), web-filtering and employee monitoring solutions) for the company’s rapid growth. “Businesses increasingly recognize that insiders are their greatest undetected security threats, and they are demanding new software tools to better monitor corporate data loss, employee theft, and lost and stolen laptops,” said Miller. “It’s an honor to be named among the fastest growing companies in this competitive market.”
“Awareness Technologies and the other 2010 Technology Fast 500™ winners forged ahead in a challenging economic environment to realize exceptional growth,” said Phil Asmundson, vice chairman and Deloitte’s U.S. technology, media and telecommunications leader. “Deloitte commends Awareness Technologies for this impressive accomplishment.”
“Awareness Technologies has proved itself to be one of the fastest growing tech companies in North America, and we are proud to honor them as one of the 2010 Technology Fast 500™,” said Mark Jensen, managing partner, venture capital services, Deloitte & Touche LLP.
For additional detail on the Technology Fast 500™ including selection and qualifying criteria, visit www.fast500.com