NetMotion Wireless Ranked Among Fastest Growing Companies in North America by Deloitte

Ranked by Deloitte’s 2009 Technology Fast 500™. Attributes its 415 Percent Revenue Growth to Leadership in Mobile VPN Space
By: NetMotion Wireless
 
Oct. 20, 2009 - PRLog -- NetMotion Wireless, a leading provider of mobile productivity and management software, today announced that it ranked number 313 on Technology Fast 500™, Deloitte LLP’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 five year period from 2004 to 2008. NetMotion Wireless revenue grew 415 percent during this period.



NetMotion’s President and CEO, Bob Hunsberger, credits the impressive revenue growth over the past five years to the company’s leadership position in the mobile Virtual Private Network (VPN) market and its focus on serving the needs of mobile field forces.


“Despite the broad economic challenges around the world, NetMotion Wireless continues to grow as the need to improve productivity and connectivity remains critical to businesses and government agencies,” said Hunsberger. “We are reaching new markets both domestically and internationally, and our existing customers continue to stay and expand their relationships with us. We are pleased with our results and expect continued growth.”



NetMotion's flagship product, Mobility XE™, is a comprehensive mobile VPN solution for any organization where providing secure, remote access to its mobile work force is mission critical. Mobility XE enhances mobile worker productivity by maintaining secure connections to applications as they move through wireless coverage gaps and across various networks, and provides a rich set of management tools that delivers the visibility and control that organizations require as their work force becomes increasingly reliant on public wireless networks. NetMotion Wireless serves many industries including utilities, healthcare, field service, communications, public safety, local government, transportation, insurance, and many others.

“Technology Fast 500 recognizes innovative companies that have broken down barriers to success and defied the odds with their remarkable five-year revenue growth,” said Phil Asmundson, Vice Chairman and U.S. Technology, Media and Telecommunications leader, Deloitte LLP. "We congratulate NetMotion Wireless on this accomplishment."

“With its impressive five-year growth, NetMotion Wireless has earned its position among the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America,” said Mark Jensen, Managing Partner, Technology and Venture Capital Services, Deloitte & Touche LLP. ”Deloitte is proud to honor NetMotion for its achievement.”

NetMotion Wireless previously ranked second as a Deloitte’s Washington State Technology Fast 50™ award winner for 2007.


*Technology Fast 500™ Selection and Qualifying Criteria*
Technology Fast 500™ provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. This ranking is compiled from nominations submitted directly to the Technology Fast 500™ website, and public company database research conducted by Deloitte. Technology Fast 500™ award winners for 2009 are selected based on percentage fiscal year revenue growth during the five year period from 2004 to 2008.

In order to be eligible for Technology Fast 500™ recognition, companies must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues. Using other companies' technology or intellectual property in a unique way does not satisfy this requirement. Consulting companies, professional service firms, etc. are not eligible unless they have proprietary technology that contributes to a significant portion of their operating revenues.

Technology Fast 500™ award eligibility requirements also include base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. These revenues must have more than doubled between 2004 and 2008. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.

About NetMotion Wireless

NetMotion Wireless' software enables businesses and agencies to maintain and optimize connections to applications as their mobile workers move in and out of wireless coverage areas and across various networks.  NetMotion's award-winning Mobile VPN, Mobility XE, enhances mobile worker productivity at more than 1,600 of the world's most respected organizations across multiple industries including utilities, healthcare, communications, public safety, local government, transportation and many others. For more information about NetMotion Wireless or its products, please visit www.netmotionwireless.com


About Deloitte
As used in this document, “Deloitte” means Deloitte LLP. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

NetMotion and NetMotion Mobility are registered trademarks of NetMotion Wireless, Inc.  Mobility XE is a trademark of NetMotion Wireless, Inc.  All other trade names, trademarks and registered trademarks are the property of their respective owners.

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With 400,000+ users worldwide, NetMotion Wireless develops software to enable businesses and agencies to maintain and optimize connections to applications as their mobile workers move in and out of wireless coverage areas and across various networks. NetMotion's award-winning mobile VPN, Mobility XE, enhances mobile worker productivity at more than 1,600 of the world's most respected organizations across multiple industries including utilities, healthcare, communications, public safety, local government, transportation and many others. For more information about the NetMotion Wireless or its products, please visit http:// www.netmotionwireless.com
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Source:NetMotion Wireless
Email:***@netmotionwireless.co.uk Email Verified
Tags:Mobile Vpn, Mobile Applications, Field Force, Enterprise, Security, Mobility, Wireless, Cellular, 3g, GPRS
Industry:Mobile, Wireless, Security
Location:Oxford - Oxfordshire - England
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