Attributes Its 1,337 Percent Revenue Growth to Consumer Shift to Digital Channels and Expanding the Omniture Product Portfolio
OREM, UT, Oct 20, 2009 (MARKETWIRE via COMTEX) -- Omniture, Inc. (NASDAQ: OMTR), a leading provider of online business
optimization software, today announced that it ranked number 122 on
Technology Fast 500(TM), Deloitte LLP's ranking of 500 of the fastest
growing technology, telecommunications, media, life sciences and
clean technology companies in North America. Rankings are based on
percentage of fiscal year revenue growth during the five year period
from 2004-2008. Omniture's revenue grew 1,337 percent during this
period. This is the seventh consecutive year Omniture has been
ranked on the Technology Fast 500(TM).
Omniture's CEO, Josh James, credits the growth of digital channels,
the expansion of the Omniture product suite and the company's focus on
customers with the Omniture's 1,337% revenue growth over the past
five years. He said, "Digital channels such as mobile, social media
and video, continue to expand in number and usage and companies have
been asking us to help them understand how to more effectively
interact with their customers on these channels. To that end, we've
expanded from our flagship Web analytics solution to a portfolio of
11 applications and the Omniture Online Marketing Suite, the
industry's first integrated suite of online marketing applications
that help optimize the end-user experience with more relevant,
personalized content no matter what digital channel you are using.
These factors, along with our focus on meeting the needs of our
customers, have helped fuel our strong growth."
"Technology Fast 500(TM) recognizes innovative companies that have
broken down barriers to success and defied the odds with their
remarkable five-year revenue growth," said Phil Asmundson, Vice
Chairman and U.S. Technology, Media and Telecommunications leader,
Deloitte LLP. "We congratulate Omniture on this accomplishment."
"With its impressive five-year growth, Omniture has earned its
position among the fastest growing technology, media,
telecommunications, life sciences and clean technology companies in
North America," said Mark Jensen, Managing Partner, Technology and
Venture Capital Services, Deloitte & Touche LLP. "Deloitte is proud
to honor Omniture for its achievement."
Overall, Technology Fast 500(TM) award winners for 2009 had growth
rates ranging from 212 to 146,050 percent over five years, with an
average growth rate of 2,486 percent.
Technology Fast 500(TM) Selection and Qualifying Criteria
Technology
Fast 500(TM) provides a ranking of the fastest growing technology,
media, telecommunications, life sciences and clean technology
companies in North America. This ranking is compiled from nominations
submitted directly to the Technology Fast 500(TM) website, and public
company database research conducted by Deloitte. Technology Fast
500(TM) award winners for 2009 are selected based on percentage fiscal
year revenue growth during the five year period from 2004 to 2008.
In order to be eligible for Technology Fast 500(TM) recognition,
companies must own proprietary intellectual property or proprietary
technology that contributes to a significant portion of the company's
operating revenues. Using other companies' technology or intellectual
property in a unique way does not satisfy this requirement.
Consulting companies, professional services firms, etc. are not
eligible unless they have proprietary technology that contributes to
a significant portion of their operating revenues.
Technology Fast 500(TM) award eligibility requirements also include
base-year operating revenues of at least $40,000 USD or CD, and
current-year operating revenues of at least $5 million USD or CD.
These revenues must have more than doubled between 2004 and 2008.
Additionally, companies must be in business for a minimum of five
years, and be headquartered within North America.
About Omniture
Omniture, Inc. is a leading provider of online
business optimization software, enabling customers to manage and
enhance online, offline and multi-channel business initiatives.
Omniture's software, which it hosts and delivers to its customers as
an on-demand subscription service and on-premise solution, enables
customers to capture, store and analyze information generated by
their Web sites and other sources and to gain critical business
insights into the performance and efficiency of marketing and sales
initiatives and other business processes. In addition, Omniture
offers a range of professional services that complement its online
services, including implementation, best practices, consulting,
customer support and user training through Omniture Education.
www.omniture.com
Copyright (c) 2009 Omniture, Inc. All rights reserved. Omniture and
SiteCatalyst are registered trademarks of Omniture, Inc. in the
United States, Japan, Canada and the European Community. Omniture,
Inc. owns other registered and unregistered trademarks throughout the
world. Other names used herein may be trademarks of their respective
owners.
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."
Note on Forward-looking Statements
Management believes that certain
statements in this release may constitute "forward-looking
statements" within the meaning of Section 21E of the Securities
Exchange Act of 1934 and Section 27A of the Securities Act of 1933,
including, but not limited to, statements regarding the abilities and
expected benefits of our services to customers and our future revenue
growth. These statements are based on current expectations and
assumptions regarding future events and business performance and
involve certain risks and uncertainties that could cause actual
results to differ materially, including but not limited to, risks
described in Omniture's quarterly report on Form 10-Q for the period
ended June 30, 2009, and from time to time in other reports filed by
Omniture with the U.S. Securities and Exchange Commission. These
reports are available on the Investor Relations section of our web
site at http://www.omtr.com. Omniture undertakes no duty to update
any forward-looking statement to conform the statement to actual
results or changes in the company's expectations.
Omniture Press Contact
Mark Boothe
801-722-7000 xt.1262
Email Contact
SOURCE: Omniture