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Enkata Ranked Number 27 in Deloitte's Technology Fast 50 Program for Silicon Valley Software and Information Technology (IT) Companies

Posted on: Monday, 3 November 2008, 09:00 CST

Enkata, a leading provider of performance management software, has been named to Deloitte's Technology Fast 50 Program for Silicon Valley Software and Information Technology (IT) companies. This year's Silicon Valley Technology Fast 50 program is co-presented by Deloitte, Silicon Valley Bank, Korn/Ferry International, Cooley Godward Kronish LLP, Cornish & Carey Client Solutions and ABD Insurance and Financial Services - A Wells Fargo Company. Rankings are based on the percentage revenue growth over five years from fiscal year 2003-2007.

Enkata's CEO Dave Stamm credits the company's impressive growth to its top-rated customer service and superior analytics-powered performance management solutions that help customer operations optimize the cost, quality and revenue of every customer contact.

"It is an honor to be included in Deloitte's Technology Fast 50 alongside many other exceptional companies from Silicon Valley," said Stamm. "Enkata's rapid growth underscores the quality of our technology and the dedication of our employees, who continue to produce the most advanced performance management applications for customer operations. We look forward to many more years of continued growth."

"Sustaining high revenue growth over five years is an exceptional accomplishment," said Mark Jensen, Managing Partner, National Venture Capital Services, Deloitte & Touche LLP, in Silicon Valley. "We commend Enkata for making the commitment to technology and delivering on the promise of market longevity. We are proud to honor them to Deloitte's Technology Fast 50."

Enkata's increase in revenues of 746 percent from fiscal year 2003 to 2007 resulted in ranking 27 in the Technology Fast 50 for Silicon Valley.

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in fiscal year 2003 and $5,000,000 in fiscal year 2007, be headquartered in the San Francisco Bay Area, 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 www.fast500.com.

About Enkata

Enkata is the market and technology leader in Software-as-a-Service (SaaS) Performance Management for customer operations. Enkata's analytics-powered applications combine best-practice metrics, personalized dashboards, decision analytics and integrated workflow to improve the effectiveness of organizations' contact and claim centers every minute, every day. Fortune 500 companies choose Enkata to maximize the value of every customer interaction, deliver better service, control costs, and generate revenue. Please visit www.enkata.com for more information.

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.

 Media Contact: Schwartz Communications, Inc. Matt Grant 415-512-0770 enkata@schwartz-pr.com

SOURCE: Enkata

Source: MARKET WIRE

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