MyLife.com(R) Ranked Amongst Fastest Growing Companies in North America on Deloitte's 2012 Technology Fast 500(TM)
Attributes Breakneck Revenue Growth to Product Innovation, World-Class Team
November 14, 2012 --
LOS ANGELES, CA -- (Marketwire) -- 11/14/12 -- MyLife.com® is ranked one of the fastest growing companies in North America on Deloitte's Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. MyLife grew 219% percent during this period.
MyLife's CEO, Jeffrey Tinsley, credits product innovation and a world-class team with the company's extraordinary revenue growth. "At MyLife, we are focused on a significant mission: to be the center of all your connections and communications. As my team hustles day in and day out to make our products and user experience the best they can be, it's gratifying to know that Deloitte has recognized us yet again as an exemplary technology company. We are delighted with this honor."
"We are proud to honor the 2012 Technology Fast 500 companies, and commend MyLife for its outstanding growth," said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications (TMT) leader. "These ground-breaking companies have outpaced their competition and are reinventing the way we do business today."
"The companies on the Fast 500 list are among those that have demonstrated remarkable innovation, creativity and business savvy," said Bill Ribaudo, partner, Deloitte & Touche LLP and national TMT leader for audit and enterprise risk services (AERS). "As a result, these companies have continued to successfully forge ahead in a challenging economic environment. We applaud the leadership and employees of MyLife for this impressive accomplishment."
Overall, 2012 Technology Fast 500 companies achieved revenue growth ranging from 128 percent to 279,684 percent from 2007 to 2011, with an average growth of 2,774 percent.
About Deloitte's 2012 Technology Fast 500
Technology Fast 500, conducted by Deloitte & Touche 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 2007 to 2011.
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.
MyLife.com ("MyLife") is the simple way to connect with everyone that matters, all in one place. Eliminating the need to visit multiple services, MyLife provides the one place for users to access their social networks and email accounts in a simple dashboard, allowing members to manage and monitor one online identity while providing an easy search to find the people they need in their life. MyLife users can also easily control their profile presence across the Web, build and monitor one online identity including many profiles, and make personal and professional connections by searching over 700 million profiles through the site. With over 60 million users, and growing fast, MyLife is based in Los Angeles, CA. To view MyLife's newest television spot, please visit http://youtu.be/LcOTV3i2DiY. More information can be found at http://www.mylife.com.
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