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Inilex Earns Spot on Deloitte's 2014 Technology Fast 500™ List of Fastest Growing Companies in North America
[November 13, 2014]

Inilex Earns Spot on Deloitte's 2014 Technology Fast 500™ List of Fastest Growing Companies in North America


PHOENIX --(Business Wire)--

Inilex today announced it ranked 247 on Deloitte's (News - Alert) Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Inilex grew 394 percent during this period. This is the second time Inilex has been honored with a spot on this prestigious list.

The Deloitte list comes on the heels on the company's place on the Inc. 500|5000, and on the same day in which Inilex is attending the annual Arizona Governor's Celebration of Innovation gala, where Inilex is one of just three finalists in its category for the honor.

"Our employees are dedicated to leading this market and delivering unparalleled service to our dealer customers nationwide," said Michael Maledon, Inilex CEO. "Being ranked as a top technology company is extremely gratifying for us because the 'connected car' and telematics market is rapidly growing, and already we're poised as a leader. We look forward to continuing our growth trajectory by bringing new technology to the market and delivering top-notch customer support."

"The companies ranked on the 2014 Deloitte Technology Fast 500 continue to set the bar for their industry higher each year," said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. "There are so many exciting products and smart thought leaders driving this list. We congratulate the Fast 500 companies and look forward to seeig them continue their momentum into 2015."



"For 20 years, the Deloitte Fast 500 rankings have honored the innovation that is part of these companies' DNA," added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. "We're glad to be serving these high-growth companies, and helping the technology sector recognize the great strides and transformation these companies are making in their respective areas."

Inilex is uniquely positioned in the growing "connected car" ecosystem because it has a specific technology for new and used cars, consumers and dealers, and fleet managers. According to market research firm Infonetics (News - Alert), the connected car segment will reach almost $17 billion by 2018. Inilex is poised to capture a large share of that total market with its broad range of product offerings.


Overall, 2014 Technology Fast 500™ companies achieved revenue growth ranging from 135 percent to 123,678 percent from 2009 to 2013, with an average growth of 1,640 percent.

About Deloitte's 2014 Technology Fast 500™

Technology Fast 500, conducted by Deloitte 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 2009 to 2013.

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 Inilex

Headquartered in Phoenix, Inilex® is an Inc. 500|5000 company and the industry-leading provider of intelligent telemetry solutions. It combines the power of the Global Positioning System (GPS) with the flexibility of a best-in-class wireless messaging system to develop telemetry solutions for businesses and consumers alike. Inilex is online at www.inilex.com. The company was named one of America's Most Promising Companies by Forbes in 2013 and 2014, a Deloitte Technology Fast 500 company, and its technology has won numerous awards including the Connected World 100 for four consecutive years.


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