Mobifusion Ranked #19th Fastest Growing Company in North America

Mobifusion Attributes 9,758 Percent Revenue Growth to Demand For Mobile Content Worldwide
 
Feb. 5, 2013 - PRLog -- Mobifusion today announced it ranked  #19 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Mobifusion grew 9,758 percent during this period.

Mobifusion’s  chief executive officer, Pavan Mandhani, credits technology and fast time to market with the company’s revenue growth. “The recognition of our growth by Deloitte’s Technology Fast 500 is a great validation of not only our technology solutions for our clients, but also our continued commitment to leverage these cutting edge technologies to bring award-winning trusted mobile content in a quick and easy manner to users worldwide. Our technology alone allowed us to create more than 500 Apps for BB10 in record time.”

“We are proud to honor the 2012 Technology Fast 500™ companies, and commend them for their outstanding growth,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications (TMT) leader.  “These ground-breaking companies have outpaced their competition and are reinventing the way we do business today.”

“The companies on the Fast 500 list are among those that have demonstrated remarkable innovation, creativity and business savvy,” said Bill Ribaudo partner, Deloitte & Touche LLP and national TMT leader for audit and enterprise risk services (AERS). “As a result, these companies have continued to successfully forge ahead in a challenging economic environment. We applaud the leadership and employees of Mobifusion for this impressive accomplishment.”

   About Deloitte’s 2012 Technology Fast 500™
Technology Fast 500, conducted by Deloitte & Touche LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private - in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2007 to 2011.

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have 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. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.

About Mobifusion

Mobifusion is an award-winning mobile app infrastructure company for the publishing industry. Its technology and services allows publishers to deliver thousands of mobile apps adapted from their print titles at industry-leading low costs within days. Mobifusion develops high quality interactive mobile apps for all mobile platforms including iPhone, BlackBerry, Android, and Windows 8 and markets them through the world’s top Apps storefronts. More information is available at www.mobifusion.com.
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