Vocalocity Named One of North America's Fastest Growing Companies on Deloitte's 2013 Technology Fast 500™
Advanced VoIP Solutions Fuel 563 Percent Revenue Growth from 2008 to
Vocalocity, a Vonage company, announced today that Deloitte named the
company to its Technology Fast 500™ list for the third consecutive year.
Vocalocity, a leading provider of VoIP communications services for
business, ranked 188th among the 500 fastest growing
technology, media, telecommunications, life sciences and clean
technology companies in North America*.
"Over the past few years, Vocalocity has grown at an astounding rate,
and we credit that success to our customers who choose Vocalocity to
power their businesses," said Wain
Kellum, former CEO of Vocalocity and now president of Vonage
Business Solutions. "We pride ourselves on being partners with the
small and mid-sized business community, and this award acknowledges that
"Vocalocity has enjoyed tremendous success over the last several years,
and we are very excited about the addition of Vocalocity to our
company," said Marc
Lefar, chief executive officer of Vonage. "This recognition is a
testament to Vocalocity's position as a strong and reliable partner for
small and medium businesses and its ability to meet the communications
needs of this rapidly growing market."
Lefar continued, "Together, our mission is to provide our customers with
the best possible service and communications solutions available to help
them run their businesses more efficiently and effectively."
The Deloitte Technology Fast 500 recognition follows a string of
industry acknowledgements for Vocalocity. This year, the company was
included on the 2013 Inc. 500|5000 and received the 2013
Internet Telephony Excellence Award, which is given to companies
that demonstrate innovation in developing enhancements to solutions that
improve clients' businesses.
Additionally, Synergy Research Group recently acknowledged Vocalocity's
contributions to the overall growth of the Unified Communications as a
Service (UCaaS) market, which grew 22 percent year-over-year in Q2 2013.
To learn more about Vocalocity and its services, visit http://www.vocalocity.com.
About Deloitte's 2013 Technology Fast 500™
Technology Fast 500, conducted by Deloitte LLP, provides a ranking of
the fastest growing technology, media, telecommunications, life sciences
and clean technology companies — both public and private - in North
America. Technology Fast 500 award winners are selected based on
percentage fiscal year revenue growth from 2008 to 2012.
In order to be eligible for Technology Fast 500 recognition, companies
must own proprietary intellectual property or technology that is sold to
customers in products that contribute to a majority of the company's
operating revenues. Companies must have base-year operating revenues of
at least $50,000 USD or CD, and current-year operating revenues of at
least $5 million USD or CD. Additionally, companies must be in business
for a minimum of five years, and be headquartered within North America.
Vocalocity, a Vonage Company, provides hosted VoIP phone systems to
small businesses in the U.S. and Canada. The company's goal is to power
small businesses with easy-to-use, clear and reliable telephony systems.
In addition to its recognition as a fast-growing company and an
award-winning telework advocate, the company develops in-house,
proprietary technologies like mobile apps for iPhone® and
Android™ and CRM plugins for Vocalocity Desktop.
In November, 2013, Vonage Holdings Corp. (NYSE:VG) acquired Vocalocity,
Inc. Going forward, Vocalocity will market its services under the Vonage
Business Solutions brand.
Vonage Business Solutions provides a robust suite of communications
features critical to running a business, and can save businesses at
least 30 percent on their domestic phone bills1. In addition,
Vonage offers businesses international long distance rates to the most
frequently called countries that are, on average, 75 percent lower than
The company's best-in-class business features include call analytics,
conference calling, call transfer, virtual receptionist, extension
dialing, call forwarding, SimulRing®, mobile capabilities and
more, all managed through the convenience of an online account. For more
information about Vonage Business Solutions, visit Vonage.com/business.
1) Savings claim is based on the average monthly recurring charge for
unlimited domestic business calling plans from the top three wireline
service providers. Comparison excludes promotional pricing, fees,
surcharges or taxes and assumes a customer already has broadband
service. Check your phone bill to determine the savings that would apply
2) Based on comparison of the top three wireline service providers'
per-minute rates to the top 50 markets.
* The revenue from Vocalocity's acquisition of Aptela was considered
when determining its revenue growth from 2008 through 2012.
iPhone is a trademark of Apple Inc., registered in the U.S. and other
countries. Android is a trademark of Google Inc.
Porter Novelli for Vocalocity
Ann Tizzano, 732-365-1363
Leslie Arena, 732-203-7372
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