For Immediate Release
Press Inquiries:
Kimberly Caulfield
Director of Marketing Communications
+1.720.224.9184
kcaulfield@wideorbit.com
WideOrbit Recognized as One of the Fastest Growing Companies in
Silicon Valley
San Francisco, October 31, 2008 – WideOrbit has received The Silicon Valley Technology Fast 50 award, recognizing the company as one of the fastest growing technology companies in Silicon Valley. The Fast 50 is based on average revenue percentage growth over five years (2003-2007), indicating speed of growth and is an industry benchmark signifying WideOrbit’s accomplishments to shareholders, venture capitalists and industry analysts.
WideOrbit drives the business of Advertising by providing Enterprise Sales, Traffic and Billing software solutions for the global media industry. WideOrbit’s core software product, WO Traffic, manages more than $12 Billion dollars in advertising revenue and is currently implemented by more than 1,200 television stations, radio stations, and cable networks, as well as managing advertising for movie theaters, mobile devices, and digital display networks.
“It is a great tribute to the hard work of an exceptional team at WideOrbit that we have won this award. Given the tremendous number of fast growing technology companies in Silicon Valley, it is especially flattering that WideOrbit has been recognized as a Silicon Valley Technology Fast 50 company” says Eric Mathewson, Founder and CEO, WideOrbit.
Deloitte, along with Silicon Valley Bank, Cooley Godward Kronish LLP, Korn/Ferry International, Cornish & Carey Client Solutions, and ABD Insurance and Financial Services (a Wells Fargo Company) host the awards and will recognize WideOrbit at a dinner to be held on October 30th.
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About WideOrbit
WideOrbit provides advertising infrastructure that empowers media companies anywhere in the world to improve yield management and maximize advertising revenue. WideOrbit delivers flexible software solutions that address the needs of a wide range of advertising mediums today and in the future. WideOrbit simplifies and automates the sales, traffic and billing of advertising with proven software solutions and delivers to customers unprecedented control and visibility into their advertising inventory across a variety of ad mediums.
WideOrbit manages the advertising sales process for television stations, radio stations, cable networks, cable interconnects, mobile video, movie theaters and digital display networks. WideOrbit’s client list includes: NBC, Telemundo, Hearst-Argyle Television, Gannett, Meredith Corporation, Madison Square Garden, Transit TV, Scripps Television Group, and Qualcomm/MediaFlo.
WideOrbit was founded in 1999 and has offices in San Francisco, Seattle, Denver and London, England.
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