Elluminate Contact:
Alisa Valudes/Shahed Ahmed
Merritt Group
703.390.1500
pr@elluminate.com
Attributes its Pacesetting Revenue Increase to Explosive Growth in U.S. and International Markets
Ft. Lauderdale, Florida, (September 21, 2006) —
Elluminate, Inc. has been named to Deloitte's prestigious Technology Fast 50,
the annual program which recognizes excellence, innovation and the fastest
growing tech companies in Canada. Rankings are based on percentage of growth
in fiscal year revenues over five years, from 2001-2005.
Elluminate's CEO,
Nashir Samanani, credits the company's sizeable growth
from 2001-2005 to its expanding presence in the live web collaboration market,
both in the U.S. and internationally. The company has experienced an explosive
increase in sales of its flagship web conferencing software, Elluminate
Live!®.
"We're pleased to be recognized by Deloitte in the Technology Fast 50 list,"
said Samanani. "In the past five years, Elluminate has developed award-winning
technology to meet the widespread needs of schools and companies throughout
the world. This inclusion in the Technology Fast 50 list is recognition of
our demonstrated ability to innovate and sustain growth. Our focus continues
to be on bringing relevant innovation and high value to our customers. The
last five years have provided a solid foundation on which to continue our
company's breakthrough success in the live collaboration field and we are
excited for the tremendous future opportunity that now exists. As a result,
we fully expect to continue to have growth rates that outperform the industry."
Elluminate's increase in revenues of 5,063 percent from 2001-2005 resulted
in a No. 10 ranking overall in the Deloitte Technology Fast 50. The average
increase in revenues among companies who made the Fast 50 for this region
was 4,954 percent.
"Sustaining high revenue growth over five years is an exceptional accomplishment.
We commend Elluminate for making the commitment to technology and delivering on
the promise of market longevity," said John Ruffolo, National Leader, Technology,
Media & Telecommunications, Deloitte. "We are proud to honor Elluminate as a
Deloitte Technology Fast 50 Winner."
About Elluminate
Elluminate, Inc. provides proven, best-in-class solutions for real-time online
learning and collaboration. Elluminate delivers exceptional outcomes that enhance
the learning experience, and increase retention and completion rates with lower
Total Cost of Ownership and higher ROI. Elluminate features high-quality VoIP,
robust interactive functionality for participants and moderators, and unique
No User Left Behind™ technology — regardless of platform or Internet connection
speed. Elluminate has won several prestigious industry awards, including Network
Computing magazine's Editor's Choice for Web Conferencing software.
Headquartered in Calgary, Alberta, Canada and Fort Lauderdale, Fla.,
Elluminate is the trusted choice of prominent corporations and academic
institutions such as ADP, the University of Calgary, DeVry University,
Georgia State University, Johns Hopkins University, PA Department of
Education, Sun Microsystems, and many more.
About Deloitte
Deloitte, one of Canada's leading professional services firms, provides audit,
tax, consulting, and financial advisory services through more than 6,200 people
in 50 offices. Deloitte operates in Quebec as Samson Belair/Deloitte & Touche
s.e.n.c.r.l. The firm is dedicated to helping its clients and its people excel.
Deloitte is the Canadian member firm of Deloitte Touche Tohmatsu.
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein,
its member firms, and their respective subsidiaries and affiliates. As a Swiss
Verein (association), neither Deloitte Touche Tohmatsu nor any of its member
firms has any liability for each other's acts or omissions. Each of the
member firms is a separate and independent legal entity operating under
the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu," or
other related names. Services are provided by the member firms or their
subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.
- ### -
Elluminate
Live! and
No User Left Behind are trademarks or
registered trademarks of Elluminate, Inc., Calgary, Alberta, Canada.
Copyright ©2001-2009 Elluminate, Inc. All Rights Reserved.(103)