Loudeye (NASDAQ:LOUD)
Historical Stock Chart
From Sep 2019 to Sep 2024
![Click Here for more Loudeye Charts. Click Here for more Loudeye Charts.](/p.php?pid=staticchart&s=N%5ELOUD&p=8&t=15)
Loudeye Named One of Washington State's Fastest Growing
Technology Companies in Deloitte Technology Fast 50 Program
SEATTLE, Sept. 28 /PRNewswire-FirstCall/ -- Loudeye Corp. (NASDAQ:LOUD), a
worldwide leader in business-to-business digital media solutions, has been
named to Deloitte's prestigious Technology Fast 50 Program for Washington
State, a ranking of the 50 fastest growing technology companies in the area by
Deloitte & Touche LLP, one of the nation's leading professional services firms.
Rankings are based on the percentage of growth in fiscal year revenues over
five years, from 1999-2003.
Loudeye's increase in revenues of 352 percent from 1999 to 2003 resulted in its
ranking in the Fast 50 for Washington State.
"To be included in Deloitte's Washington Fast 50 is an honor. This recognition
is a testament of our commitment to offering customers around the globe the
best digital media solutions for new and emerging markets," said Jeff Cavins,
Loudeye's president and chief executive officer.
"The Deloitte Washington State Technology Fast 50 companies have shown the
strength, vision and temerity to succeed despite a very challenging technology
environment," said Larry Hile of Deloitte's Seattle office. "We applaud the
successes of Loudeye and acknowledge their place as one of the very few to
accomplish such a fast growth rate over the past five years."
To qualify for the Technology Fast 50, companies must have had operating
revenues of at least $50,000 in 1999 and $1,000,000 in 2003, must be public or
private companies headquartered in North America, and be a "technology company"
defined as owning proprietary technology that contributes to a significant
portion of the company's operating revenues (using other companies' technology
in a unique way does not qualify); and/or devoting a significant proportion of
revenues to research and development of technology.
Winners of the 19 regional Technology Fast 50 programs in the United States and
Canada are automatically entered in the Deloitte Technology Fast 500 program,
which ranks North America's top 500 fastest growing technology companies. For
more information on the Fast 50 or Fast 500 programs, visit
http://www.fast500.com/.
About Loudeye Corp.
Loudeye is a worldwide leader in business-to-business digital media solutions
and the outsourcing provider of choice for companies looking to maximize the
return on their digital media investment. Loudeye combines innovative products
and services with the world's largest music archive and the industry's leading
digital media infrastructure enabling partners to rapidly and cost effectively
launch complete, customized digital media stores and services. For more
information, visit http://www.loudeye.com/.
About Deloitte
Deloitte, one of the nation's leading professional services firms, provides
audit, tax, financial advisory services and consulting through nearly 30,000
people in more than 80 U.S. cities. Known as an employer of choice for
innovative human resources programs, the firm is dedicated to helping its
clients and its people excel. "Deloitte" refers to the associated partnerships
of Deloitte & Touche USA LLP (Deloitte & Touche LLP and Deloitte Consulting
LLP) and subsidiaries. Deloitte is the US member firm of Deloitte Touche
Tohmatsu. For more information, please visit Deloitte's web site at
http://www.deloitte.com/us.
Deloitte Touche Tohmatsu is an organization of member firms devoted to
excellence in providing professional services and advice. We are focused on
client service through a global strategy executed locally in nearly 150
countries. With access to the deep intellectual capital of 120,000 people
worldwide, our member firms, including their affiliates, deliver services in
four professional areas: audit, tax, financial advisory services and
consulting. Our member firms serve more than one-half of the world's largest
companies, as well as large national enterprises, public institutions, locally
important clients, and successful, fast-growing global growth companies.
Deloitte Touche Tohmatsu is a Swiss Verein (association), and, as such, 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. The services
described herein are provided by the member firms and not by the Deloitte
Touche Tohmatsu Verein. For regulatory and other reasons certain member firms
do not provide services in all four professional areas listed above.
Forward Looking Statements
This release contains forward-looking information within the meaning of the
Private Securities Litigation Reform Act of 1995. These statements are based on
current estimates and actual results may differ materially due to risks,
including the completion of the development of the platform; possibility of
adverse changes in the market for distribution of digital music that Loudeye
serves; adverse or uncertain legal developments with respect to copyrights
surrounding the creation and distribution of digital content; pricing pressures
and other activities by competitors; lack of market acceptance for Loudeye's
products and services; the possible delay in the adoption of digital media or
related applications on the web in general; and other risks set forth in
Loudeye's most recent Form 10-Q, Form 10-K and other SEC filings which are
available through EDGAR at http://www.sec.gov/ . Loudeye assumes no obligation
to update the forward-looking statements.
DATASOURCE: Loudeye Corp.
CONTACT: media, Yasmeen Coning, +1-323-933-3399, or , or
Karen DeMarco, +1-323-933-3399, or , both of mPRm Public
Relations, for Loudeye Corp.; or investors, Michael Dougherty of Loudeye
Corp., +1-206-832-4000, or
Web site: http://www.fast500.com/
Web site: http://www.deloitte.com/us
Web site: http://www.loudeye.com/