JACKSONVILLE, Fla. (October 19, 2006) — Vurv Technology, formerly Recruitmax, a global provider of technology and services for building great workforces, today announced it is number 189 on Deloitte’s 2006 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 revenue growth over five years, from 2001–2005. During this period, Vurv grew 842 percent.
Vurv’s CEO, Derek Mercer, credits a strong commitment to technological innovation as well as extreme attention to client needs for the company’s 842 percent revenue growth over the past five years. He said, “Making the Deloitte Technology Fast 500 for the past three years is an honor, especially considering today’s highly competitive HR technology industry. It is very gratifying that Vurv has not only once again made the Technology Fast 500, but that we’ve consistently moved up in the ranking. Our advancement is directly attributable to our team’s hard work, Vurv’s superior talent management suite and dedication to outstanding customer support.”
“To be successful in today’s increasingly competitive landscape, companies have to be better, smarter, and more innovative than in the past, and the Technology Fast 500 companies are doing exactly that,” said Tony Kern, deputy managing principal of Deloitte’s Technology, Media & Telecommunications industry practice. “We applaud Vurv for being among the fastest-growing companies in North America.”
Vurv previously ranked 206 on Deloitte’s 2005 Technology Fast 500 and 350 on the 2004 Technology Fast 500.
Fast 500 Selection and Qualifying Criteria
The Fast 500 ranks the fastest-growing technology, media, telecommunications and life sciences companies in North America. It 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 2001 to 2005. 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 North America.
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About Deloitte
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Deloitte & Touche USA LLP is the U.S. member firm of Deloitte Touche Tohmatsu. In the United States, 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 Vurv Technology
It’s all about the people!At Vurv Technology, formerly Recruitmax, we believe the fusion of individual creative energy, talent and passion with the organization’s purpose, mission and values creates an unstoppable force for success. With technology for recruitment, onboarding, performance, vendor and compensation management, Vurv is revolutionizing the way top organizations around the world invest in their people to accomplish the awesome. Feel the creative energy, talent and passion at www.vurv.com.
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Media Contact:
Jaime Spuhler
Vurv Technology
904.493.8851
jspuhler[at]vurv.com