IneoQuest Technologies Ranked at Number 48 on Deloitte’s 2007 Technology Fast 500Leader in IP Video Quality Assurance Solutions Recognized for Innovative Products and Three-Year Sales Growth Rate of 672%
MANSFIELD, Mass –
November 19th, 2007—IneoQuest Technologies, Inc., the leader in
Multi-Dimensional Video Quality Management SystemsTM and global
provider of advanced quality and service assurance solutions for IP Video,
today announced that it has been ranked 48th on the Deloitte’s 2007
Technology Fast 500, a ranking of the 500 fastest growing technology, media,
telecommunications and life sciences companies in North America. Rankings are
based on percentage of fiscal year revenue growth over five years, from
2002–2006. IneoQuest, a privately held company, grew more than 670 percent
during this period.
"Deloitte’s Technology Fast 500
recognizes technology companies who have achieved extraordinary growth in
IneoQuest’s mission of reducing operational
expenses (OPEX) for video providers while assuring IP Video quality has put the
company’s services in higher demand with cable operators, telecom service
providers and video equipment manufacturers. Over the last 12 months, IneoQuest
has garnered numerous headlines and awards with the release of its IP Video
Management System (iVMS), and its industry-unique, end-to-end video
quality assurance platform, IQPinPointTM. The global provider
of IP video test and measurement tools now has over 400 unique video provider
customers in both the telco and cable markets. IneoQuest researches, designs
and builds its hardware and software in its own manufacturing facility in
“IneoQuest is thrilled to be part of Deloitte’s impressive
roster of fastest growing technology companies,” said Marc A. Todd, president
and CEO of IneoQuest. “The last three years have proven to be a major growth
period for our company, as IP video providers begin to understand the necessity
of a purpose-built quality and service assurance solution that enables them to
keep expenses low and retain subscribers. We are encouraged by this
growth and are continuing to offer our customers’ first-to-market, cutting-edge
products and services including IQDVx, the industry’s first hybrid MPEG/IPTV
analysis tool.”
IneoQuest was entered into the Fast 500
competition after being ranked number six on the Technology Fast 50 for the New
England Region last month. The Fast 500 is compiled from Deloitte’s 16 regional
North American Fast 50 programs, nominations submitted directly to the Fast
500, and public company database research. Companies are selected based on
percentage revenue growth from 2002 to 2006. Entrants must own proprietary
intellectual property or proprietary technology that contributes to a
significant portion of the company's operating revenues or devote a significant
proportion of revenues to research and development of technology. Using other
companies' technology or intellectual property in a unique way does not
qualify. Base-year operating revenues must be at least $50,000 USD or
$75,000 CD, and current-year operating revenues must be at least $5 million USD
or CD. Companies must be in business a minimum of five years, and they
must be headquartered within
About Deloitte Deloitte refers to one or more of Deloitte Touche
Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries
and affiliates. Deloitte Touche Tohmatsu is an organization of member firms
around the world devoted to excellence in providing professional services and
advice, focused on client service through a global strategy executed locally in
nearly 140 countries. With access to the deep intellectual capital of
approximately 150,000 people worldwide, Deloitte delivers services in four
professional areas—audit, tax, consulting, and financial advisory services—and
serves more than 80 percent of the world’s largest companies, as well as
large national enterprises, public institutions, locally important clients, and
successful, fast-growing global companies. Services are not provided by the
Deloitte Touche Tohmatsu Verein, and, for regulatory and other reasons, certain
member firms do not provide services in all four professional areas. About IneoQuest Technologies IneoQuest Technologies, Inc., the leader in
Multi-Dimensional Video Quality Management Systems, is a global provider of
advanced quality and service assurance solutions for IP Video, serving
customers in the telephony, cable, broadcast and network equipment industries
worldwide. The company enables its customers with unique combinations of
hardware, software and services to design, build, deploy, and manage IP Video
networks. Headquartered in
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