|[November 22, 2012]
Prophix Software Inc. Ranked Among the Fastest Growing Companies in North America on Deloitte's 2012 Technology Fast 500™
MISSISSAUGA, Ontario --(Business Wire)--
Prophix Software Inc. is proud to announce they have been named in
Deloitte's (News - Alert) 2012 Technology Fast 500™, a ranking of the 500 fastest
growing technology, media, telecommunications, life sciences and clean
technology companies in North America. Prophix grew 170 percent over a
"We are growing organically as a result of our great product, passionate
and enthusiastic employees, loyal and committed partners worldwide, and
dedicated customers," said Paul Barber, chief executive officer, Prophix
Software. "With this strong network around us Prophix will continue to
innovate, deliver excellent value and help our customers run their
The 2012 Technology Fast 500™ winners are true leaders who leverage
their entrepreneurship and technological innovation to achieve strong
growth, said Richard Lee, National Leader, Technology, Media &
Telecommunicaions Industry Group, Deloitte. "Their commitment and
leadership continue to transform the technology sector."
About Deloitte's 2012 Technology Fast 500™
Technology Fast 500, conducted by Deloitte & Touche LLP, provides a
ranking of the fastest growing technology, media, telecommunications,
life sciences and clean technology companies - both public and private -
in North America. Technology Fast 500 award winners are selected based
on percentage fiscal year revenue growth from 2007 to 2011.
In order to be eligible for Technology Fast 500 recognition, companies
must own proprietary intellectual property or technology that is sold to
customers in products that contribute to a majority of the company's
operating revenues. Companies must have base-year operating revenues of
at least $50,000 USD or CD, and current-year operating revenues of at
least $5 million USD or CD. Additionally, companies must be in business
for a minimum of five years, and be headquartered within North America.
About Prophix Software Inc.
Prophix Software is a leading developer of solutions designed to
automate financial processes, including planning, reporting, analysis,
and performance management. Thousands of finance leaders around the
world use Prophix to empower their organizations and gain insight into
business performance. Prophix delivers superior value by combining high
end functionality, low total cost of ownership, and the fastest
implementations in its class. For more information, visit www.prophix.com.
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