CARY, N.C. (October 19, 2006)–SchoolDude.com, the nation’s leading provider of web-native operations management solutions for educational institutions, announced today that it has been recognized as the 34th fastest growing company on Deloitte’s 2006 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage revenue growth over five years, from 2001-2005. SchoolDude.com grew 8,152-percent during that period.
Kent Hudson, SchoolDude’s CEO and co-founder, credits hard work and dedication as key factors in the company’s impressive growth over the past five years. “To achieve an award this significant requires a solid team effort,” he said. “Our team works hard every day to help educational institutions save money and to provide our clients the best service and support in the industry. This is quite an honor for our company and our clients who helped build this success.”
Tony Kern, deputy managing principal of Deloitte’s Technology, Media & Telecommunications industry practice, added, “Sophisticated technology is becoming the norm and is in almost everything in the 21st century. SchoolDude.com has developed technology solutions that deliver in today’s highly competitive world, and we applaud their efforts, ingenuity and teamwork in becoming one of the fastest growing technology companies in North America.”
Fast 500 Selection and Qualifying Criteria
The Fast 500 recognizes the fastest growing technology, media, telecommunications and life sciences companies in North America based on percentage revenue growth from 2001 to 2005. 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.
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.
With more than 2,200 clients, SchoolDude is the nation’s leading provider of web-native operations management solutions designed exclusively for the unique needs of educational professionals. Backed by the industry’s only Legendary Service Program, SchoolDude’s broad suite of online applications is revolutionizing the business of managing educational operations.
SchoolDude’s web-native tools for operations management offer easy to use, affordable solutions to help both small and large educational institutions save money, increase efficiency and improve services. For more information about SchoolDude, visit www.schooldude.com.
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