Timbercon Ranked 15th on the Pacific Northwest’s Fastest Growing Tech Companies in Deloitte’s Technology Fast 50 Program
Timbercon Inc., has been named 15th on Deloitte’s prestigious Technology Fast 50 Program for the Pacific Northwest, a ranking of the 50 fastest growing technology companies in Washington, Oregon, and Idaho by Deloitte & Touche USA LLP, one of the nation’s leading professional service organizations. Rankings are based on the percentage revenue growth during the five years from 2001-2005.
Timbercon’s CEO Eric Meslow attributes great people and innovation with the company’s growth. Meslow said, “In the past five years Timbercon has experienced tremendous growth for being part of such a highly competitive market. The team is constantly striving to produce new and innovative products which has given us an edge over competitors.“
“To rank on Deloitte’s Technology Fast 50, companies must have phenomenal revenue growth during the five year period,” said Larry Hile, a partner in Deloitte’s Technology, Media & Telecommunications (TMT) industry practice based in Seattle. “Timbercon has proven to be one of the fast-growth success stories in the Pacific Northwest, and we applaud their dedication to making their vision a reality.”
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2001 and $5,000,000 in 2005, 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.
Winners of the 16 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.