Attributes its 686% Revenue Growth to Converging, Compelling Business Trends & Its Patented Technology
Coconut Creek, FL, October 20, 2010 - MotionPoint Corporation, the leader in website translation and localisation services, today announced that it ranked number 148 on 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. MotionPoint grew 686% during this period.
MotionPoint’s chief executive officer Will Fleming credits several key factors to the company’s exponential growth, specifically he cites a steady increase in the importance of companies’ websites and the continuing trend of companies seeking growth in new markets.
"MotionPoint and the other 2010 Technology Fast 500™ winners forged ahead in a challenging economic environment to realise exceptional growth," said Phil Asmundson, vice chairman and Deloitte's U.S. technology, media and telecommunications leader. "Deloitte commends MotionPoint for this impressive accomplishment."
Added Mark Jensen, managing partner, venture capital services, Deloitte & Touche LLP: “MotionPoint 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™.”
For additional detail on Technology Fast 500™ including selection and qualifying criteria, visit www.fast500.com.
MotionPoint Corporation's patented technologies make it easier for companies to penetrate new markets domestically and internationally. MotionPoint translates and localises client websites, drives traffic to those sites and optimises user experiences in every target market. Its solution delivers the business impact, scalability and quality that propels world-class brands. For more information, visit www.motionpoint.com.
As used in this document, "Deloitte" means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
MotionPoint helps world-class brands grow by engaging and enriching the lives of new customers in markets around the globe.
Far more than the world's most effective website translation service, MotionPoint's turn-key platform combines innovative technology, big data, world-class translation and deep international marketing expertise. MotionPoint's approach guarantees the quality, security and scalability required to succeed in an evermore competitive global marketplace - both online and offline.