2009-11-17 15:31:06 -
Netezza Corporation : 
(NYSE: NZ), the global leader in data warehouse and analytic appliances : , today announced that Deloitte LLP ranks the company among the top third of fastest growing companies in North America. Netezza ranks number 164 on the Deloitte Technology Fast 500™ list for its consistent track record of year-over-year growth in the
past five years. Netezza grew 829 percent during this period.
“Technology Fast 500™ recognizes Netezza as an innovative company that has broken down barriers to success and defied the odds with its remarkable five-year revenue growth,” said Phil Asmundson, Vice Chairman and U.S. Technology, Media and Telecommunications leader, Deloitte LLP.
"We congratulate Netezza on this accomplishment."
The Deloitte Technology Fast 500™ list of the fastest growing technology, media, telecommunications, life sciences and clean technology companies is ranked according to percentage revenue growth from 2004 to 2008. The 500 companies that made the list had growth rates starting at 212 percent over five years.
“We’re honored to be among this prestigious list of fastest growing companies,” said Jim Baum, president and CEO of Netezza. “We’re seeing increased demand for highly advanced business intelligence, and the Netezza appliance, which delivers game-changing data analytics at the best possible price, is driving our growth.”
The Netezza data warehouse appliance is built specifically to analyze petabytes of detailed data significantly faster than existing data warehouse options, at a much lower total cost of ownership. It stores, filters and processes terabytes of records within a single unit, analyzing only the relevant information for each query. Netezza has placed the CPU power next to the data, allowing its appliances to speed through processes that would occupy most data warehouse systems for hours, or even days, thereby enabling dramatic increases in productivity across any organization.
The Technology Fast 500™ rankings are compiled from nominations submitted directly to the Technology Fast 500™ Web site, and public company database research conducted by Deloitte. Award winners for 2009 are selected based on percentage fiscal year revenue growth during the five year period from 2004 to 2008. To be eligible, companies must be in business for a minimum of five years, headquartered in North America and have base-year operating revenues of at least $50,000 and current year operating revenues of at least $5 million. These revenues must have more than doubled between 2004 and 2008.
For more information on the Deloitte Fast 500™, visit
www.deloitte.com/view/en_US/us/Industries/Technology/technologyf .. :
.
About Deloitte
As used in this document, “Deloitte” means Deloitte LLP. Please see www.deloitte.com/about :
for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. To learn more about Technology Fast 500™ selection criteria as well as the complete list of Fast 500™ companies, see
www.deloitte.com/view/en_US/us/Industries/Technology/technologyf .. :
.
About Netezza Corporation
Netezza Corporation (NYSE: NZ) is the global leader in data warehouse and analytic appliances that dramatically simplify high-performance analytics across an extended enterprise. Netezza’s technology enables organizations to process enormous amounts of captured data at exceptional speed, providing a significant competitive and operational advantage in today’s data-intensive industries, including digital media, energy, financial services, government, health and life sciences, retail and telecommunications. Netezza is headquartered in Marlborough, Massachusetts, and has offices in Northern Virginia, Canada, the United Kingdom, Germany, France, Poland, Japan, Korea, Australia and Singapore.
For more information about Netezza, please visit www.netezza.com :
.
Netezza® and the “N” logo are either registered trademarks or trademarks of Netezza Corporation. Other names may be trademarks of their respective owners.
For Netezza:Schwartz CommunicationsPayal Cudia, +1 781
684-0770
Netezza@schwartz-pr.com : mailto:Netezza@schwartz-pr.com orNetezzaGlen
Zimmerman, +1 508 382-8267
gzimmerman@netezza.com : mailto:gzimmerman@netezza.com
