Company attributes 2nd place ranking to its 3,791 percent revenue growth
ORANGE, Conn., October 16, 2006—Tangoe, Inc., the leading provider
of enterprise telecommunications expense management software and
services, has been named to Deloitte's prestigious Technology Fast 50
Program for the Connecticut Region, a ranking of the 50 fastest growing
technology companies in the area by Deloitte & Touche USA LLP, one
of the nation’s leading professional services organizations. Rankings
are based on the percentage revenue growth over five years from
Tangoe's increase in revenues of 3,791% percent from 2001 to 2005
resulted in a second place ranking in the Technology Fast 50 for
Connecticut. The average increase in revenues among companies who made
the Technology Fast 50 for this region was 598 percent.
“Deloitte's Connecticut Technology Fast 50 companies have shown the
strength, vision and tenacity to succeed in today's very competitive
technology environment,” said Alex Discepolo, Director Lead Tax
Services, Deloitte Tax LLP, Connecticut. “We applaud the successes of
Tangoe and acknowledge it as one of few companies in this region to
accomplish such a fast growth rate over the past five years.”
"We are once again honored to be recognized by Deloitte and the
Connecticut Technology Council for our strong performance," said Tangoe
president, CEO, and founder Al Subbloie. “This accomplishment, as well
as our remarkable growth as a company, rest squarely on the shoulders
of Tangoe's hardworking team of associates, a dedicated group of
individuals who come together every day to solve client problems in a
better way. The continual innovation and old fashioned hard work
displayed by everyone at Tangoe makes me proud to be a member of the
team.”
To qualify for the Connecticut Technology Fast 50, companies must
have had operating revenues of at least $50,000 in 2001 and $5,000,000
in 2005, be headquartered in Connecticut, and be a company that owns
proprietary technology or proprietary intellectual property that
contributes to a significant portion of the company's operating
revenues; or devotes a significant proportion of revenues to the
research and development of technology. Companies using other
companies' technology or intellectual property in a unique way are not
qualified.
Winners of the 16 regional Technology Fast 50 programs in the United
States and Canada are eligible to be entered into the Deloitte's
Technology Fast 500 program, which ranks North America's top 500
fastest growing technology, media, telecommunications and life sciences
companies. For more information on Deloitte's Technology Fast 50 or
Technology Fast 500 programs, visit www.fast500.com.
About Tangoe
Tangoe, Inc., the global leader in Telecom Expense Management
(TEM) solutions, delivers software products and consulting services
that enable organizations to better understand, manage, and control
their enterprise-wide voice, data, and wireless telecommunications
services and their costs. Tangoe's flagship software product, the
Communications Management Platform (CMP), provides a technology
foundation that enables dramatic cost reductions, which significantly
contribute to organizational profitability. Global 2000 organizations
worldwide depend on Tangoe software and services to optimize their
telecommunications expense management processes. Named one of
Connecticut's fastest growing technology companies in the Deloitte
Technology Fast 50 and placing number 105 on the 2006 Inc. 500 list,
Tangoe is headquartered in Orange, Connecticut and provides solutions
in the United States through direct and partner sales channels, and
internationally through partner sales channels.
Contact:
Renee Maler
Philosophy PR
925.968.9495
This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
|
News/Events 
