Bullhorn Ranked 220th Fastest Growing Company in North America on Deloitte's 2009 Technology Fast 500
Boston - October 21, 2009 - Bullhorn, the global leader in On Demand, front office staffing and recruiting software, today announced that it ranked number 220 on the Technology Fast 500TM, Deloitte LLP's ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the five year period from 2004-2008. Bullhorn grew 615% percent during this period.
"Bullhorn's phenomenal growth is based on driving superior competitive advantage, across the board, to our customers," said Art Papas, CEO and co-founder of Bullhorn. "The combination of Bullhorn's innovative front office software, the outstanding availability and reliability of our delivery services and superior customer service enables our customers, from sole practitioners to the world's largest multinational firms, to achieve strategic advantage in any economy."
"Technology Fast 500TM recognizes innovative companies that have broken down barriers to success and defied the odds with their remarkable five-year revenue growth," said Phil Asmundson, vice chairman and U.S. technology, media and telecommunications leader, Deloitte LLP. "We congratulate Bullhorn on this accomplishment."
"With its impressive five-year growth, Bullhorn has earned its position among the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America," said Mark Jensen, managing partner, technology and venture capital services, Deloitte & Touche LLP. "Deloitte is proud to honor Bullhorn for its achievement."
This is the third consecutive year that Bullhorn has been recognized as a Technology Fast 500TM award winner. Bullhorn previously ranked #213 in 2008 and #105 in 2007.
Overall, Technology Fast 500TM award winners for 2009 had growth rates ranging from 212 to 146,050 percent over five years, with an average growth rate of 2,486 percent.
Technology Fast 500TM Selection and Qualifying Criteria
Technology Fast 500TM provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. This ranking is compiled from nominations submitted directly to the Technology Fast 500TM website, and public company database research conducted by Deloitte. Technology Fast 500TM award winners for 2009 are selected based on percentage fiscal year revenue growth during the five year period from 2004 to 2008.
In order to be eligible for Technology Fast 500TM recognition, companies must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues. Using other companies' technology or intellectual property in a unique way does not satisfy this requirement. Consulting companies, professional service firms, etc. are not eligible unless they have proprietary technology that contributes to a significant portion of their operating revenues.
Technology Fast 500TM award eligibility requirements also include base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. These revenues must have more than doubled between 2004 and 2008. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
Bullhorn is the staffing and recruiting industry's only 100% Web-based, On Demand, integrated front office solution. By integrating any email and calendaring with candidate sourcing, applicant tracking, customer relationship management and job management, Bullhorn enables users to communicate and collaborate with contacts, candidates, colleagues and clients in real-time to generate, source and fill job orders, or make placements, at anytime and from anyplace. Bullhorn's users include staffing and recruiting firms of all sizes, from a wide range of industries - including information technology, professional services, office/clerical and healthcare. The Bullhorn Blogger is the company's online community where customers, partners, Bullhorn professionals and prospective customers share ideas and best practices to advance the productivity of the staffing and recruiting industry through the innovative use of Bullhorn's On Demand, integrated front office staffing and recruiting software.
About Bullhorn, Inc.
Bullhorn is the global leader in On Demand, front office staffing and recruiting software, providing the only completely integrated front office solution for staffing and recruiting firms. By enabling recruiting, sales and management to experience the power of working together with 360° visibility into every activity, from job order to placement, at anytime and from any place, Bullhorn customers achieve the highest placement rates in the industry. Delivered through software as a service, Bullhorn continually meets the evolving business needs of its customers. More than 1,400 firms and 14,000 users worldwide, including some of the largest global staffing firms, partner with Bullhorn to meet the employment demands of the global economy. For more information, visit www.bullhorn.com or call +1(888)GoLive8.
About Deloitte
"As used in this document, "Deloitte" means Deloitte LLP. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries."
Bullhorn is a registered trademark of Bullhorn, Inc. All other trademarks are the property of their respective owners. Copyright © 2009 Bullhorn, Inc. All rights reserved.
Media inquiries please contact:
Joe Cordo, Bullhorn
(617) 478-9148
joe@bullhorn.com
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