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Company Achieves 502 Percent Revenue Growth

Herndon, Va., October 20, 2010 ? Aptela, a leading provider of business-class phone service to small businesses and mobile workers nationwide, today announced that it ranked number 197 on Technology Fast 500?, Deloitte?s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2005?2009. Aptela grew 502 percent during this period.

Aptela?s chief executive officer, Douglas Strahan, credits the dedication and perseverance of the company?s employees and the financial backing of Aptela?s investors with the company?s 502% revenue growth. He said, "We are proud to be recognized by this prestigious program for the third year in a row. It is a reflection of our commitment to provide an outstanding customer experience and our focus on delivering an innovative market-leading solution.?

As an innovator of hosted PBX and VoIP, Aptela gives small businesses the tools required to intuitively manage and take control of their business communications. The company announced its innovative new calling platform, Aptela v5, earlier this year. Written in Erlang/OTP, and using CouchDB as its data store, the v5 platform demonstrates the power of cloud computing with horizontal scaling, robust fault-tolerance and a remarkably high degree of concurrency. The platform delivers a robust set of APIs that unifies communications for Aptela?s customers by integrating calling into their existing business processes. All combined, Aptela has rebuilt the new platform from the ground up utilizing the technologies best suited to deliver a high quality customer experience.

?Aptela and the other 2010 Technology Fast 500? winners forged ahead in a challenging economic environment to realize exceptional growth,? said Phil Asmundson, vice chairman and Deloitte?s U.S. technology, media and telecommunications leader. "Deloitte commends Aptela for this impressive accomplishment.?

?Aptela has proved itself to be one of the fastest growing tech companies in North America, and we are proud to honor them as one of the 2010 Technology Fast 500?,? said Mark Jensen, managing partner, venture capital services, Deloitte & Touche LLP. Aptela previously ranked number 79 as a Technology Fast 500? award winner for 2009 based on 2,290 percent growth from 2004-2008 and was recognized as a Fast 500 Rising Star in 2008 with 401% growth.

Overall, Technology Fast 500? award winners for 2010 had revenue growth ranging from 146 percent to 164,079 percent from 2005 to 2009, with an average growth of 2,361 percent.

For additional detail on the Technology Fast 500? including selection and qualifying criteria, visit www.fast500.com.

About Aptela

Aptela is a leading provider of business-class phone service, answering the communication and collaboration needs of small businesses and mobile workers nationwide who seek a robust and easy-to-use solution. Aptela's v5 platform is extensible by design and easily integrated into the workflow of today's entrepreneurs and increasingly mobile workforce. Unlike traditional telephony that is tied to a physical location, Aptela's service is delivered from the cloud and its features can be accessed-anywhere, anytime-through the Internet, traditional wire-line or mobile networks. In 2010, Aptela was recognized as a Deloitte Technology Fast 500 company for the third consecutive year with a #197 ranking overall. Aptela is headquartered in Herndon, Virginia. For more information, visit www.aptela.com or call us at 800.994.4496. Follow us at www.twitter.com/aptela.

As used in this document, ?Deloitte? means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.



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Source: Voip News
More about: Company , VoIP , Press , Release
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