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WorldWinner Ranks Sixth on Deloitte's Technology Fast 50 List
Five-year Revenue Growth of 2,386 Percent Lands Company Among New England's Fastest Growing Technology Companies
Newton, Mass. - September 23, 2005 - WorldWinner, Inc. (www.worldwinner.com), the leader in online game competitions, has been named to Deloitte's prestigious Technology Fast 50 Program for New England. The program, from Deloitte & Touche LLP, one of the nation's leading professional services organizations, ranks the 50 fastest growing technology companies in the area based on the percentage revenue growth over five years from 2000-2004.
Having achieved a revenue increase of 2,386 percent from 2000 to 2004, WorldWinner earned the number six spot on the Technology Fast 50 for New England. The company attributes its rapid growth to a combination of aligning itself with leading Internet sites and game portals - like Yahoo! Games, Pogo.com, Lycos Gamesville, Sony Pictures Digital, NetZero and Juno; providing the best games; delivering a superior player experience; and attracting and retaining the best people.
"Since WorldWinner.com first launched in 2000, we've grown from a virtually unknown company to the leading provider of online game competitions," said Stephen Killeen, president and CEO of WorldWinner. "We're honored to be recognized by Deloitte and look forward to continued success in the future."
"To rank on Deloitte's Technology Fast 50, companies must have phenomenal revenue growth over five years," said Stephen DiPietro, a partner at Deloitte & Touche LLP and chairman of Deloitte's New England Technology Fast 50 program. "WorldWinner has proven to be one of the fast-growth success stories in New England."
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2000 and $1,000,000 in 2004, be headquartered in North America, and be a "technology company," defined as a company that owns proprietary technology that contributes to a significant portion of the company's operating revenue; or devotes a significant portion of revenues to the research and development of technology.
Winners of the 15 regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte's Technology Fast 500 program, which ranks North America's top 500 fastest growing technology companies. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.
About WorldWinner, Inc.
WorldWinner (www.worldwinner.com) is the leading global provider of online games for cash and prizes, where the outcome of each competition is determined by the player's skill. With 14 million registered players internationally, WorldWinner hosts more than four million tournaments and awards millions of dollars in prizes every month. The privately held company was founded in 1999 and has received funding from leading venture capital firms, including HarbourVest Partners and Benchmark Capital. WorldWinner is headquartered in Newton, Massachusetts.
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