web hosting directory
http://www.bluehost.com/
Home > Web Hosting News Archive > October > Web Hosting News Releases

Go Daddy Ranked No. 35 Fastest Growing Technology Company in North America On The 2004 Deloitte Technology Fast 500 [October 20, 2004]

SCOTTSDALE, Ariz., Oct. 20, 2004 – The Go Daddy Group, Inc., parent company of GoDaddy.com, the No. 1 registrar of new domain names, today announced that it ranked No. 35 on the 2004 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America.

Rankings are based on the average percentage revenue growth over five years, from 1999 to 2003. The Go Daddy Group grew 8,274 percent during this period.

Go Daddy’s Fast 500 ranking at No. 35 marks significant growth from its position at No. 92 on the 2003 list. The ranking also positions the company as the fastest growing technology company in Arizona during the same five-year period among companies that were nominated, researched and eligible for the list.

Bob Parsons, president and founder of The Go Daddy Group, credits the Company’s substantial growth rate to its leadership role in the domain registration industry and its commitment to its more than 2 million customer base. “As the No. 1 registrar of new domain names, our customers look to us to provide not only innovative products and services, but also a high quality customer service experience,” said Parsons. “Go Daddy’s continuous new product and service development, as well as our dedication to our customers needs, have proven to be the keys to our continued growth and success.”

"Achieving sustained revenue growth of 8,274 percent over five years is a tremendous accomplishment during a difficult period for the technology sector,” said Mark A. Evans, national managing partner of Deloitte’s Technology, Media and Telecommunications Group. “The Go Daddy Group’s phenomenal growth puts it in select company.”

Overall, companies that ranked on the 2004 Technology Fast 500 had growth rates ranging 329 to 437,115 percent over five years, with an average growth rate of 4,109 percent.

Fast 500 Selection and Qualifications
The Fast 500 list is compiled from Deloitte's 19 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have had 1999 operating revenues of at least $50,000 USD and $75,000 CD for the United States and Canada, respectively; and 2003 operating revenues must be at least $1 million USD or CD.

Entrants must also be public or private companies headquartered in North America and must be a "technology company," defined as a company that owns proprietary technology 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. Using other companies' technology in a unique way does not qualify.

About The Go Daddy Group, Inc.
The Go Daddy Group, Inc. family of companies enables individuals and businesses to acquire, create and safeguard their unique identities and brands on the Internet. Family companies include flagship GoDaddy.com and reseller provider Wild West Domains, Inc., both ICANN accredited registrars; Domains By Proxy, Inc., which provides private domain registration services; and Starfield Technologies, Inc., which serves as the group’s research and development arm.

About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu," or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.

Deloitte & Touche USA LLP is the U.S. member firm of Deloitte Touche Tohmatsu. In the U.S., services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Tax LLP, and their subsidiaries), and not by Deloitte & Touche USA LLP.

Contact:
Nick Fuller
Communications Manager
480.505.8800 ext. 4435






hostlead_top100

http://www.ipowerweb.com