Thursday, November 21, 2013

LDiscovery Ranked Number 282 Fastest Growing Company in North America on Deloitte’s 2013 Technology Fast 500™

MCLEAN, Va., Nov. 21, 2013 /PRNewswire/ — LDiscovery LLC today announced it ranked No. 282 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. LDiscovery grew 317 percent during this period.

Chris Weiler, President and CEO remarked, “We are excited to be part of such elite company for the second year in a row. As one of three E-discovery technology companies ranked in the FAST 500, I am so proud of our employees and what they have accomplished over the past several years. LDiscovery looks forward to continuing to deliver outstanding service to our customers in the legal market through innovation and the application of leading edge technology.”

“The 2013 Deloitte Technology Fast 500 companies are exemplary cases of those spurring growth in a tough market through innovation,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. “This year’s list is a who’s who of companies behind the most exciting and innovative products and services in the technology space. We congratulate the Fast 500 companies and look forward to what they do next.”

“The fastest growing companies in the US are drivers of constant innovation and operate with the agility to stay ahead of a quickly evolving marketplace, and software, biotech/pharma and internet companies continue to be at the forefront,” added James Atwell, national managing partner of the Emerging Growth Company practice, Deloitte Services LP. “The companies excelling in these sectors have a startup mentality that allows them to be nimble and adapt quickly, which is why they consistently lead the list of fast-growing companies each year.”

LDiscovery previously ranked 323 as a Technology Fast 500™ award winner for 2012.

About Deloitte’s 2013 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 2008 to 2012.
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.