Raindance Communications (NASDAQ:RNDC)
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From Jun 2019 to Jun 2024
Raindance Communications, Inc. (NASDAQ: RNDC), the
leader in integrated multimedia conferencing services and support,
today announced that it has been named to Deloitte's Technology Fast
500, a ranking of the 500 fastest-growing technology companies in
North America. Rankings are based on percentage revenue growth over
five years from 2000 to 2004. Raindance grew 318 percent during this
period, ranking it number 409 on the list.
"We are very proud to be recognized in Deloitte's Technology Fast
500 for the third consecutive year, as well as being only one of two
Web conferencing companies honored," said Don Detampel, CEO of
Raindance. "We credit our success to Raindance's completely integrated
audio, Web and video conferencing that makes remote communication as
easy as walking down the hall for a meeting. We thank our customers
and our employees for their contribution to this achievement."
In addition to ranking on Deloitte's Technology Fast 500,
Raindance ranked 13th on the Colorado Technology Fast 50, which is a
ranking of the 50 fastest-growing technology firms in Colorado.
"Attracting enough customers to attain such fast growth over five
years makes a strong statement about the quality of a company's
product and its leadership," said Tony Kern, deputy national managing
principal of Deloitte's Technology, Media & Telecommunications
industry practice. "Raindance Communications has shown the right stuff
for growth."
Fast 500 Selection and Qualifications
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.
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 implications of continued growth at historical
rates, 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 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.