Attributes its 239 Percent Revenue Growth to International Expansion, Increased Investments into Publishing Division,
and the Expansion of Video Advertising Offerings
Los Angeles, CA., October 20, 2009— Evolve Media Corp today announced that it ranked number 361 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. Evolve Media Corp grew 239 percent during this period.
Evolve Media Corp’s chief executive officer, Aaron Broder, credits international expansion, increased investments into AtomicOnline, Evolve’s publishing division, and the build out of Evolve’s video advertising offerings with the company’s 239 % revenue growth. He said, "Evolve Media Corp is honored to have been included once again in the Deloitte Technology Fast 500™. We strive to continue to grow and expand our business by providing our advertising partners a comprehensive offering of branded media solutions.”
“Evolve Media Corp 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 Evolve Media Corp for this impressive accomplishment.”
“Evolve Media Corp 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.
Evolve Media Corp previously ranked 243 as a Technology Fast 500™ award winner for 2009.
Overall, Technology Fast 500™ award winners for 2010 had revenue growth ranging from 146 percent to 164,079 percent from 2005 to 2009, with an average growth of 2,361 percent.
For additional detail on the Technology Fast 500™ including selection and qualifying criteria, visit www.fast500.com
About Evolve Media Corp:
Evolve Media Corp (http://www.evolvemediacorp.com/) is a unique global brand architect in the digital space. Evolve brings together four synergistic companies to create one compelling offering: Gorilla Nation, the world’s largest brand ad sales company that specializes in targeting affinity audiences; AtomicOnline, publisher of large digital media properties, such as SheKnows (now #3 on Comscore for Women), CraveOnline, TheFashionSpot and GameRevolution; Springboard Productions, a one-stop branded entertainment video solution, and Double Helix, a creative and interactive marketing team comprised of over 35+ web designers and developers.Evolve offers brand marketers digital brand campaigns that can achieve both significant reach among key audiences and contextual environments that together have been proven to increase key brand effectiveness. To drive the best results we offer best-in-class integration and creative solutions tailored to specific brand objectives. Evolve’s primary mission is to provide marketers with unique, integrated creative programs across branded consumer content sites, allowing a brand to get engaged with a passionate, influencer audience in a way that converts them into a brand evangelist. Moreover, Evolve can leverage these capabilities against a platform of over 600+ sites, reaching 300 million people globally each month.
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.
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