DispenseSource® Recognized by Deloitte as One of the Fastest Growing Technology Companies in Orange County
IRVINE, Calif.--DispenseSource, Inc., a leading provider of inventory management solutions for the industrial market, today announced that it has been named one of the fastest growing technology companies in Orange County as recognized by Deloitte & Touche USA, LLP in its prestigious Technology Fast 50 program, a ranking of the 50 fastest growing technology, media, telecommunications and life sciences companies in the area.
“We believe our growth and success in today’s very competitive technology environment lays a strong foundation for the future of DispenseSource,” said Anton Visser, president and CEO of DispenseSource. “We are pleased to be recognized by Deloitte and credit the revenue growth to our focus on the development of leading technology solutions that deliver value to our customers.”
“Sustaining high revenue growth over five years is an exceptional accomplishment,” said Rick Rayson, managing partner, Deloitte & Touche LLP in Orange County. “We commend DispenseSource for making the commitment to technology and delivering on the promise of market longevity. We are proud to honor DispenseSource as a Deloitte Technology Fast 50 winner.”
DispenseSource’s 1,361% increase in revenues from 2001-2005 resulted in a ranking of sixth on the list. The annual award program ranks technology companies in Orange County by revenue growth. To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2001 and $5,000,000 in 2005, be headquartered in North America, and be a company that owns proprietary technology or proprietary intellectual property 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.
Winners of the 16 regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte’s Technology Fast 500 program, which ranks North America’s top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte’s Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.
About Deloitte
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Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.
About DispenseSource, Inc.
Established in 1999, DispenseSource is a leader in providing inventory management solutions for the industrial marketplace, specifically in the area of maintenance, repair and operations (MRO). The company’s solutions help companies decrease consumption, reduce labor, streamline customer-generated reordering and provide total inventory visibility, all while providing users with a steady flow of supplies needed to perform their jobs. DispenseSource has established a strong installed base in many Fortune 500 companies throughout the United States, Canada and Mexico. www.dispensesource.com.