October 20, 2005
NexTag® Named Among The Top Fastest Growing Companies In 2005
Five Awards Rank NexTag As One Of The Nation's Top 15 Fastest Growing Companies
San Mateo, Calif. (October 20, 2005)
NexTag®, the leading comparison shopping website for products and services, today announced that it has been recognized across five prestigious award lists and ranked among the top 15 fastest growing companies not only in its region, but in the entire nation - due to its strong year-over-year revenue growth.
NexTag was named to the following 2005 award lists:
|2005 Award Program||Rank||Growth Rate||Fiscal Year||Type|
|Deloitte Technology Fast 500||12||19,642%||2000-2004||National|
|Deloitte Technology Fast 50: Silicon Valley||2||19,642%||2000-2004||Regional|
|San Francisco Business Times Fast 100||6||493%||2002-2004||Regional|
|Silicon Valley/San Jose Business Journal Fast 50||8||493%||2002-2004||Regional|
"We are pleased to be named a high growth company, not just on one award list, but on multiple lists in 2005," said Purnendu Ojha, CEO and co-founder of NexTag. "Receiving top recognition among these award programs validates NexTag's leadership and potential. We attribute our success to providing the broadest offering of comparison shopping on the Internet, and are committed to being the #1 comparison shopping site for consumers."
With an impressive revenue growth of more than 19,000% over five years, NexTag has consistently executed its strategy of providing online comparison shopping for products and services. Just as notable is the company's continuous profitability for sixteen consecutive quarters. Currently, NexTag ranks among the top ten multi-category e-commerce sites on the Web, and is increasingly becoming the comparison shopping site of choice for online shoppers, attracting roughly 10 million monthly unique visitors1.
"Based on its fast revenue growth over five years, NexTag has demonstrated successful execution of its business strategy," said Tony Kern, deputy national managing principal of Deloitte's Technology, Media & Telecommunications industry practice. "We commend NexTag for ranking among the top companies on the Deloitte Technology Fast 500 and #2 on the Silicon Valley Technology Fast 50."
The rankings for each individual awards program are based on percentage growth of fiscal revenues over a specified number of years. For more information on the listed award programs, go to:
-- Deloitte Technology Fast 500 / Fast 50 - http://www.fast500.com
-- Inc. 500 - http://www.inc.com/inc500
-- San Francisco Business Times Fast 100 - http://bizjournals.com/sanfrancisco/bol_survey
-- Silicon Valley / San Jose Business Journal Fast 50 - http://bizjournals.com/sanjose/bol_survey
About NexTag, Inc.
NexTag.com is the leading comparison shopping site for products, financial services, travel, automobiles, real estate, education and more. At the core of NexTag.com is its proprietary Search And Match (SAMTM) technology that enables shoppers to quickly compare prices and find the best deals on millions of products and services. For thousands of merchants, service providers and individuals, NexTag is an extremely efficient sales channel with its highly qualified traffic and performance-based pricing. NexTag has been named a Red Herring Top 100 Private Company for two consecutive years, and has been ranked the #1 fastest-growing private company in the Bay Area in 2003 and #2 in 2004 by the San Francisco Business Times Fast 100. The company operates comparison shopping sites in both the United States (www.nextag.com) and the United Kingdom (www.nextag.co.uk). NexTag is a privately held company based in San Mateo, California.
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1Source: Nielsen//NetRatings, 9/05, Home & Work traffic to NexTag
NexTag is a registered trademark, and "Search-And-Match" is a trademark, of NexTag, Inc. All other names are trademarks and/or registered trademarks of their respective owners.