Sterling Testing Systems, Inc. Ranks in Deloitte's Technology Fast 500 Program for North America
Attributes its 442% Revenue Growth to innovation and employee dedication.
New York, NY (PRWEB) October 24, 2007
Sterling Testing Systems, Inc., the leading information resource provider with expertise in employment screening services, announced it has been named to Deloitte's prestigious Technology Fast 500 Program for North America. The program is a ranking of the 500 fastest growing technology, media, telecommunications, and life sciences companies in the United States and Canada 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 2002–2006.
"We are motivated now more than ever before," said Sterling's CEO, William Greenblatt, who credits commitment to excellence and unwavering focus as drivers for the company's 442% revenue growth from 2002–2006. Greenblatt is passionate about helping organizations create a safer workplace environment by supplying better information through innovative technologies. Under his leadership, the company has deployed the most advanced Human Capital Management Software Solution technology and provided an ever-growing roster of services for its more than 6,000 clients. "We will continue to develop our service-enabling technologies and our abilities to provide information to employers better, faster and cheaper. Ultimately, we win by facilitating the success and safety of our clients and their employees, vendors, and customers."
Sterling's increase in revenues of 442% from 2002 to 2006 resulted in a ranking of 334 in the Technology Fast 500 for North America.
"To rank on Deloitte’s Technology Fast 500, companies must achieve phenomenal revenue growth over five years," said Phil Asmundson, vice chairman, U. S. Technology, Media and Telecommunications, Deloitte & Touche USA LLP. "We applaud Sterling for being among the fastest growing companies in North America."
A prime example of Sterling’s focus on technology can be found with CourtDirectSM – Sterling’s proprietary criminal conviction search technology and network. CourtDirectSM has enabled Sterling to deliver criminal search services to its clients more accurately and over 50% faster than its closest competitors.
In addition to ranking on Deloitte’s Technology Fast 500, Sterling ranked 28 on the New York Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in the New York area.
The Fast 500 ranks the fastest growing technology, media, telecommunications and life sciences companies in North America. It is compiled from Deloitte’s 16 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. Companies are selected based on percentage revenue growth from 2002 to 2006.
Entrants must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues or devote a significant proportion of revenues to research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify. Base-year operating revenues must be at least $50,000 USD or $75,000 CD, and current-year operating revenues must be at least $5 million USD or CD. Companies must be in business a minimum of five years, and they must be headquartered within North America.
About Sterling Testing Systems, Inc.:
Sterling Testing Systems, Inc. is a leading provider of pre-employment screening, background checks, drug testing, HR outsourcing services, information and solutions. The company’s proprietary technologies -- Sterling DirectSM and Court DirectSM -- seamlessly link HR professionals to a host of pre-employment screening and background information and data. Sterling boasts over 6,000 clients from Fortune 500 companies to small - and mid-sized companies in a range of industries including healthcare, retail, financial services, insurance, manufacturing, transportation, professional services, and telecommunications, among others. For more information, please visit www. sterlingtesting. com.
About Deloitte:
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates. Deloitte Touche Tohmatsu is an organization of member firms around the world devoted to excellence in providing professional services and advice, focused on client service through a global strategy executed locally in nearly 140 countries. With access to the deep intellectual capital of approximately 150,000 people worldwide, Deloitte delivers services in four professional areas—audit, tax, consulting, and financial advisory services—and serves more than 80 percent of the world’s largest companies, as well as large national enterprises, public institutions, locally important clients, and successful, fast-growing global companies. Services are not provided by the Deloitte Touche Tohmatsu Verein, and, for regulatory and other reasons, certain member firms do not provide
Services in all four professional areas.
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.
This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: www. HRmarketer. com) on behalf of the company listed above.
###
