SEATTLE, Sept. 29 /PRNewswire-FirstCall/ -- Onvia
(http://www.onvia.com/fp/Default.aspx) has been named to Deloitte's
prestigious Technology Fast 50 program for Washington State, a ranking of the
50 fastest growing technology, media, telecommunications, and life sciences
companies in the area. Rankings are based on percentage of revenue growth
over five years from 2003-2007.
Mike Pickett, Onvia CEO, attributes Onvia's 109.47 percent revenue growth
over the past five years to the company's ability to continually deliver the
most complete and relevant information about active projects and buyers
-- information tailored to the needs of each client and the markets they
serve.
"Our clients rely on Onvia to provide the information they need to
identify prime opportunities
(https://www.onvia.com/demo/fp/demo.aspx?WT.mc_id=onviawebsiteOPC&path=OPC)
and position themselves to win business in markets such as government,
education and healthcare," said Pickett. "And Onvia has proven to be an
invaluable service for our clients as they face a down market where prospects
are scarce and resources are tight."
In June, Onvia was named to the Northwest 100
(http://media.onvia.com/?p=186), the Seattle Times 2008 ranking of top
performing Northwest businesses. Onvia was also named a 2008 Model of
Excellence (http://media.onvia.com/?p=185) award winner by information
industry experts InfoCommerce Group for its "true sales intelligence."
Earlier this year, the company was also a finalist in the Software &
Information Industry Association's (SIIA) 2008 CODiE Awards for Best Online
Directory & Business Leads Service (http://media.onvia.com/?p=172).
To qualify for the Technology Fast 50, companies must have had operating
revenues of at least $50,000 in 2003 and $5,000,000 in 2007, be headquartered
in North America, and be a company that owns proprietary technology or
proprietary intellectual property 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 or intellectual property in a unique way does not
qualify.
Companies from the 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,
media, telecommunications and life sciences companies. For more information
on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit
http://www.fast500.com.
About Onvia
Onvia (http://www.onvia.com/fp/Default.aspx) (Nasdaq: ONVI) helps
businesses achieve a competitive advantage by delivering timely and actionable
information on pending projects, sales leads and key business contacts. More
than 8,100 clients across the United States rely on Onvia as a comprehensive
resource for industry-specific information needed to plan, market and sell
effectively. Onvia offers unparalleled coverage of government purchasing
activity in addition to commercial and residential projects in development.
Onvia was founded in 1996 and is headquartered in Seattle, Washington.
About Deloitte
As used in this document, "Deloitte" means Deloitte LLP and Deloitte
Services LP, a subsidiary of Deloitte LLP. Please see
http://www.deloitte.com/us/about for a detailed description of the legal
structure of Deloitte LLP and its subsidiaries.
SOURCE Onvia