ZANTAZ® Named as the Fastest Growing Company by Both Deloitte & Touche and Inc. Magazine
Revenue Growth Leads to Company's No. 28 position on the Deloitte Technology Fast 500 and its No. 59 position on the Inc. 500
PLEASANTON, CA (October 24, 2005) - ZANTAZ, Inc., the global leader in Information Retention and Discovery Management (IRDM) solutions, today announced that it ranked 28th on the 2005 Deloitte Technology Fast 500, a list of the 500 fastest growing technology companies in North America, and 59th on the Inc. 500 listing of fastest growing private companies in the country. Rankings for both lists were based on percentage revenue growth. According to Deloitte, ZANTAZ grew 10,788 percent from 2000-2004, and during a period measured by Inc., (2001-2004), ZANTAZ grew 1,208 percent.
"Being named to two such prestigious lists is an incredible honor which I attribute to the outstanding ZANTAZ employees whose perseverance and dedication to our customers is driving our growth," said Steve King, President and CEO of ZANTAZ, Inc. "Beyond that, our phenomenal growth over the past few years is in direct proportion to the growing demand for reliable email archiving and discovery services. In fact, about 70 percent of most companies' intellectual property is now contained in email messages and file attachments*. ZANTAZ' industry-leading solutions are helping many of these companies efficiently and reliably manage this business-critical data."
In addition to its Deloitte Technology Fast 500 ranking, ZANTAZ ranked 4th on the Silicon Valley Technology Fast 50-also produced by Deloitte & Touche-which is a ranking of the 50 fastest growing technology firms in Silicon Valley.
As a result of the company's capabilities and marketplace growth, ZANTAZ can now claim among its client base 14 of the top 20 securities firms, 6 of the top 10 global law firms and many Fortune 100 organizations.
In early 2005, ZANTAZ announced plans to advance its leadership position through its Information Retention and Discovery Management (IRDM) vision, designed to help customers reduce operational challenges, as well as the penalties, costly discovery fees and adverse public attention that come with information risk. In response to market demands, the company plans to seamlessly tie together its email archiving and litigation support products as well as allow these products to be purchased individually.
"Growing the top line enough to make the Deloitte Technology Fast 500 is especially meaningful during tough economic times for the technology sector," said Mark A. Evans, national managing partner of Deloitte's Technology, Media & Telecommunications Group. "We congratulate ZANTAZ on being ranked number 28 out of the 500 fastest growing technology companies in North America."
"When you look at the amazing job growth among Inc. 500 companies and contrast it with the stagnation in the Fortune 500, it underscores the changing nature of our economy," said Jim Melloan, project manager for the Inc. 500. "With unprecedented global competition, companies have to be able to turn on a dime and discover innovative new ways of doing business. Increasingly, it's the smaller, agile companies like those on the Inc. 500 that are best equipped to meet these challenges."
Overall, companies that ranked on the 2005 Technology Fast 500 had growth rates ranging from 240 to 73,752 percent over five years, with an average growth rate of 2,408 percent. The Fast 500 list is compiled from Deloitte's 15 regional North American Fast 50 lists, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have had 2000 operating revenues of at least $50,000 USD or $75,000 CD for the United States and Canada, respectively, and 2004 operating revenues of at least $1 million USD or CD.
Entrants must be headquartered in North America and must be a "technology company," defined as a company that owns proprietary technology that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology in a unique way does not qualify.
The companies that made the Inc. 500 list represent the vanguard of American industry, posting an average three-year sales growth of 769%. Inc. 500 companies posted aggregate 2004 revenue of $15.9 billion, and 84% of them were profitable. Most importantly, Inc. 500 companies were engines of job growth, having created more than 95,000 jobs since the companies were founded.
For more information on the Deloitte Technology Fast 500 and Inc. 500, visit:
www.fast500.com
www.inc.com/resources/inc500/index.html
About Deloitte
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.
Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.
About Inc. Magazine
Inc., the only business magazine dedicated exclusively to owners of fast-growing private companies, delivers real solutions for today's innovative company builders. It provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing and technology. Inc. is the premier publication that focuses on small to medium-size businesses, which are responsible for more than half the nation's gross domestic product and 75% of its new jobs. And Inc. looks beyond the work to address the entrepreneurial lifestyle. Inc., a Gruner + Jahr USA publication, inspires and informs, with cutting-edge coverage that reflects our readers' energy, brashness, and imagination.
* Enterprise Strategy Group Research, April 2005
About ZANTAZ
ZANTAZ is the global leader in Information Retention and Discovery Management solutions. ZANTAZ' solutions enable organizations to capture, preserve and access unstructured digital information-including email, IM, files, scanned documents, and other electronic records-and review and produce relevant documents in a manner that reduces operational risks and costs while complying with legal, regulatory and corporate policy requirements. ZANTAZ solutions are available as onsite software applications or on-demand hosted services, and include a broad set of professional services and integration support. ZANTAZ has over 600 customers, including many of the largest corporations, law firms and government agencies in the world. For more information, visit www.ZANTAZ.com.
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