CrunchTime! Named to Deloitte's List of Fastest Growing Technology Companies for Second Consecutive Year
August 11, 2004
CrunchTime! Information Systems, Inc. has been named to Deloitte's prestigious Technology Fast 50 Program for New England, 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. CrunchTime!'s ranked placement among the 50 New England companies will be announced at a private event at the Museum of Fine Arts on September 15. Deloitte Technology Fast 50 rankings are based on the percentage of growth in fiscal year revenues over five years, from 1999-2003.
CrunchTime!'s CEO Bill Bellissimo credits the company's dedicated team and their intense commitment to delivering a quality product to the marketplace with the company's fast growth over the past five years. "We are very excited to have won this recognition from Deloitte for the second consecutive year," commented Bellissimo. "By listening intently to our customers and acting upon their feedback we are able to create great value for the foodservice and hospitality industries through technology. We have always dedicated significant resources to product development and customer support and will continue this strategy in order to meet the evolving requirements of foodservice companies around the world."
"To rank on the Deloitte Technology Fast 50, companies must have phenomenal revenue growth over five years, said Stephen DiPietro, Deloitte partner responsible for the New England Technology Fast 50 Program. "CrunchTime! has proven to be one of the fast-growth success stories in New England and we applaud their success and vision."
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 1999 and at least $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; and/or devote a significant proportion of revenues to research and development of technology.
The New England Technology Fast 50 Program is co-sponsored by Wilmer Cutler Pickering Hale and Dorr, and is supported by Mazonson, the American Stock Exchange and Mass High Tech.
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 Deloitte Fast 50 or Fast 500 programs, visit www.fast500.com.
About CrunchTime!
CrunchTime! Information Systems is the leading provider of Web-based back office applications for the foodservice and hospitality industries. CrunchTime!'s customers include multi-unit restaurants, cruise lines, hotels and food service management companies around the world including Carlson Restaurants Worldwide, Carnival Cruise Lines, Sodexho, Starwood Hotels, Back Bay Restaurant Group and Royal Caribbean Cruise Lines. CrunchTime! solutions deliver significant return on investment by helping these companies reduce food costs, drive labor efficiencies and better manage the quality and consistency of their food and beverage operations. For more information, visit the company's web site at www.crunchtime.com, email: info@crunchtime.com or call 1-888-626-2432 x237.
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 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.
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