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Kristen Conte
eMeta Corporation
800.804.0103 ext. 142
eMeta Named Seventh Fastest Growing Technology Company on Deloitte Technology Fast 50 - New York
eMeta Achieves 1,638 Percent Revenue Growth in Challenging Times
NEW YORK - November 3, 2004 -- eMeta Corporation, the leading provider of digital access control and commerce solutions, has been named to Deloitte's prestigious Technology Fast 50 Program for New York, a ranking of the 50 fastest growing technology companies in the area by Deloitte & Touche LLP, one of the nation's leading professional services firms. Rankings are based on the percentage of growth in fiscal year revenues over five years, from 1999 to 2003. Ranking seventh, eMeta grew 1,638 percent during this period.
"We are thrilled to be named one of the seven fastest growing technology companies in New York," said Jonathan Lewin, chief executive officer, eMeta. "With more businesses and consumers looking to the Web for delivery of content, rich media and software applications, companies require a flexible solution to license and sell digital goods and services. eMeta has an extraordinary team providing the eRights solution to address the needs of current and potential customers."
eMeta's increase in revenues of 1,638 percent from 1999 to 2003 resulted in ranking seventh in the Fast 50 for New York. The average increase in revenues among companies who made the Fast 50 for this region was 956 percent.
"To succeed during prosperous times is one thing; to succeed in adversity is much more challenging, and that's exactly what the Deloitte Technology Fast 50 winners have done," said Ed Moran, Director of New Product Innovation and Leader, Nanotechnology Industry Practice. "We applaud eMeta for its tremendous accomplishments during economically challenging times and for being one of the elite Fast 50 companies in New York."
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 1999 and $1,000,000 in 2003, must be public or private companies headquartered in North America, and be a "technology company" defined as owning proprietary technology that contributes to a significant portion of the company's operating revenues (using other companies' technology in a unique way does not qualify); and/or devoting a significant proportion of revenues to research and development of technology.
Winners of the 19 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte Technology Fast 500 program, which ranks North America's top 500 fastest growing technology companies. For more information on the Fast 50 or Fast 500 programs, visit (www.fast500.com ).
About eMeta Corporation
eMeta is the leading provider of access control and commerce software for media and software companies. eMeta’s advanced solutions and services enable its many globally recognized customers to sell and control their digital goods and services, maximizing the value of their digital assets. Recognized by Deloitte in 2004 as one of the fastest growing technology companies in North America, eMeta counts Pearson, The McGraw-Hill Companies, IEEE, New York Times Digital, Wolters Kluwer, Celera Genomics, and iVillage among its many clients. The company is based in New York City. Additional information is available at www.emeta.com.
About Deloitte
Deloitte, one of the nation's leading professional services firms, provides audit, tax, financial advisory services and consulting through nearly 30,000 people in more than 80 U.S. cities. Known as an employer of choice for innovative human resources programs, the firm is dedicated to helping its clients and its people excel. "Deloitte" refers to the associated partnerships of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Tax LLP and Deloitte Consulting LLP) and subsidiaries. Deloitte is the US member firm of Deloitte Touche Tohmatsu. For more information, please visit Deloitte's web site at www.deloitte.com/us.
Deloitte Touche Tohmatsu is an organization of member firms devoted to excellence in providing professional services and advice. We are focused on client service through a global strategy executed locally in nearly 150 countries. With access to the deep intellectual capital of 120,000 people worldwide, our member firms, including their affiliates, deliver services in four professional areas: audit, tax, financial advisory services and consulting. Our member firms serve more than one-half of the world's largest companies, as well as large national enterprises, public institutions, locally important clients, and successful, fast-growing global growth companies.
Deloitte Touche Tohmatsu is a Swiss Verein (association), and, as such, neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte", "Deloitte & Touche", "Deloitte Touche Tohmatsu" or other related names. The services described herein are provided by the member firms and not by the Deloitte Touche Tohmatsu Verein. For regulatory and other reasons certain member firms do not provide services in all four professional areas listed above.
