EMMAUS, PA, November 11, 2011
/24-7PressRelease/ -- Adaptik Corporation today announced it ranked 458 on Deloitte's Technology Fast 500 , ranking one of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America between 2006 and 2010. Adaptik grew 157 percent during this period.
Adaptik's President and CEO, John Pettit, credits Adaptik's dedicated employees and PolicyWriter's patented technology with the company's 157% revenue growth.
"This is a unique award; not only does Deloitte look at the revenue growth of the companies, but to be eligible all companies must own proprietary intellectual property or technology. From the beginning, we believed that PolicyWriter's capabilities were unprecedented and we proceeded accordingly by applying for and receiving patents for our technologies. To be awarded for our revenue growth and our technology is gratifying. I share this award with our dedicated employees and congratulate the other 499 winners ranked," said John Pettit, President and CEO of Adaptik Corporation.
"We are pleased to honor Adaptik Corporation as a 2011 Technology Fast 500 company," said Mark Jensen, managing partner, technology and venture capital services, Deloitte & Touche LLP. "As one of the fastest growing tech companies in North America, Adaptik has demonstrated excellence in technological innovation, entrepreneurship and rapid growth."
Adaptik previously ranked 376 as a Technology Fast 500 award winner for 2010, 200 for 2009 and ranked 260 for 2008.
To find out more on the Deloitte Technology Fast 500 and eligibility requirements please visit: deloitte.com/us/fast500/
About Adaptik Corporation
Adaptik, the creator of PolicyWriter, develops highly adaptive policy administration software solutions that are designed to improve speed-to-market for new products and scale to support large numbers of users and high transaction volumes. Adaptik provides P&C insurers with advanced business functionality while substantially lowering the risks and costs associated with policy administration system replacement and maintenance. For additional information on how PolicyWriter can help transform your business or to watch a short demonstration please visit adaptik.com.
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