Raindance Communications (NASDAQ:RNDC)
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From Jun 2019 to Jun 2024
Raindance Communications, Inc. (Nasdaq:RNDC) today
announced that it has been named to Deloitte & Touche's Technology
Fast 50 Program for Colorado, 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.
Raindance achieved a five-year growth rate of 318 percent, placing
it 13th in the Colorado Fast 50 Program. Rankings are based on the
percentage of growth in fiscal year revenues over five years from 2000
to 2004.
"We are honored to once again be included among such distinguished
company on Deloitte & Touche's Fast 50 list," said Don Detampel, CEO
of Raindance. "Our success has been fueled by a growing market need
for remote communication solutions combined with our ability to
deliver fully integrated audio, web and video conferencing. We look
forward to continuing our momentum with our newly released Raindance
Seminar Edition, which boasts an unsurpassed level of simplicity and
ease of use."
This marks the third consecutive year Raindance has been honored
by Deloitte. In 2004, Raindance was ranked fourth in the Fast 50
program for Colorado and was ranked 79th on the 2004 Deloitte
Technology Fast 500, an annual ranking of the fastest growing
technology companies in North America.
"To rank on Deloitte's Colorado Technology Fast 50, companies must
have phenomenal revenue growth over five years," said Steve Yaroch,
Technology, Media and Telecommunications Lead Partner for Deloitte &
Touche LLP in Denver. "Raindance has proven to be one of the
fast-growth success stories in Colorado, and we applaud their
dedication to making their vision reality."
Fast 50 Selection and Qualifications
To qualify for the Technology Fast 50, a company must have had
operating revenues of at least $50,000 in 2000 and $1,000,000 in 2004;
it must be headquartered in North America; and it must be a
"technology company," defined as a company that either owns
proprietary technology that contributes to a significant portion of
its operating revenues (using other companies' technologies does not
qualify), or devotes a significant proportion of revenues to research
and development of technology.
Winners of the 15 regional Technology Fast 50 programs in the
United States and Canada are automatically entered in the Deloitte &
Touche Technology Fast 500 program, which ranks North America's top
500 fastest growing technology companies. For more information on the
Deloitte's Technology Fast 50 or Fast 500 programs, visit
www.fast500.com.
About Raindance Communications
Raindance Communications, Inc. (Nasdaq:RNDC), the leader in
integrated multimedia conferencing services and support, brings an
entirely new level of simplicity and interaction to remote meetings
and events. Its suite of best-in-class services, Raindance Seminar
Edition and Raindance Meeting Edition, redefine the everyday meeting
experience. Thousands of corporate customers currently use Raindance's
technology to more effectively communicate with colleagues, vendors,
customers and partners around the world. For more information, please
visit www.raindance.com or call 800-878-7326.
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 U.S. member firm of Deloitte
Touche Tohmatsu. In the U.S., 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.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995
This release contains forward-looking statements, including
expectations regarding future company and service performance, market
acceptance and customer adoption and increased use of our services.
These statements are subject to risks and uncertainties, which could
cause future events to differ materially. These risks and
uncertainties include the failure or interruptions in the software,
systems or network underlying Raindance's services, competition from
presently existing and new competitors, price pressure, and
difficulties adopting new customers and increasing customer usage of
our services. Additional information concerning factors that could
cause actual results to differ materially from those contained in the
forward-looking statements can be found in Raindance Communications'
filings with the Securities and Exchange Commission. Copies of filings
made with the SEC are available through the SEC's electronic data
gather analysis and retrieval system (EDGAR) at www.sec.gov. Raindance
Communications assumes no obligation to update the forward-looking
statements included in this document.
Raindance, Raindance Communications, SwitchTower and OpenGo and
our logo are trademarks or registered trademarks of Raindance
Communications, Inc. All other company names and products may be
trademarks of their respective companies.