Prophesy Transportation Solutions, Inc. selected for Deloitte Fast 50.
Prophesy Honored by Deloitte's Connecticut Technology Fast 50 Ranking of Fastest Growing Technology Companies
Bloomfield, CT – November 02, 2007 – – Prophesy Transportation Solutions, Inc., a leader in Transportation Management Solutions, announced today that it has been selected to Deloitte’s Connecticut Technology Fast 50, a ranking of the fastest growing technology companies in the state. The Fast 50, an annual awards program, ranks technology, media, telecommunications and life sciences companies located in Connecticut by percentage revenue growth over five years.
To be considered for this award, a company must (1) have operating revenues of at least $50,000 in 2002 and at least $5,000,000 in 2006, (2) be headquartered in Connecticut, and (3) either own proprietary technology or proprietary intellectual property that contributes to a significant portion of its operating revenues, or devote a significant proportion of revenues to the research and development of technology.
“To rank on Deloitte's Technology Fast 50, companies must have phenomenal revenue growth over five years. Prophesy has proven to be one of the fast-growth success stories in Connecticut, and we applaud their dedication to making their vision a reality," stated Alex Discepolo, a director at Deloitte Tax LLP and chairperson of the Connecticut Technology Fast 50. “We commend Prophesy for making the commitment to technology and delivering on the promise of market longevity.” he added.
We are extremely proud of this award," said Edward J. Forman, Prophesy’s president and CEO. "Our strong growth is a result of our ability to meet the needs of our transportation and logistics customers through the efforts of our committed and dedicated employees,” he stated.
Forman also noted that, “We obviously try to keep track of how we have been doing and continually push to grow both our customer base and our revenue. It is interesting to see how we stack up against other companies that are trying to do the same thing. And it is especially nice to see that we are doing quite well in such comparisons.”
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Prophesy Transportation Solutions, Inc. is a leading provider of software, Internet and mobile
communications solutions to the transportation, logistics, and distribution industries. Since 1984,
Prophesy has offered products and services for dispatch, accounting, mobile communications, logistics
management, loadbuilding, mileage and routing, fuel purchase optimization, fuel and road tax reporting,
driver log auditing, driver management, and vehicle maintenance. For more information, please visit
www.ProphesyMC.com for Mobile Communications Software
or www.ProphesyLogistics.com for Logistics Software
on the Internet, or contact Prophesy Transportation Solutions, Inc. at 1-800-776-6706.
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