Sorenson Media Ranked Number 229 Fastest Growing Company in North America on Deloitte's 2017 Technology Fast 500™

SALT LAKE CITY, Nov. 10, 2017 /PRNewswire/ -- Sorenson Media today announced it ranked number 229 on Deloitte's Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Sorenson Media grew 426 percent during this period.

Sorenson Media created the Spark platform, a next generation television advertising and analytics software suite that harnesses the potential of addressable content. The Spark platform allows personalization on the vast scope of global broadcast television, giving advertisers interactive, addressable options with second-by-second measurement; features previously only found in digital.

"We're thrilled to be recognized as part of the Deloitte Technology Fast 500," said Marcus Liassides, CEO at Sorenson Media. "Our technology, partnerships, scale and team position us well for widespread adoption of our Spark platform as a key for success in television advertising."

Deloitte Technology Fast 500 selects companies based on percentage fiscal year revenue growth over a three year period. Deloitte LLP compiles the ranking from public record research and information submitted by applicants.

"The Deloitte 2017 North America Technology Fast 500 winners underscore the impact of technological innovation and world class customer service in driving growth, in a fiercely competitive environment," said Sandra Shirai, vice chairman, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader. "These companies are on the cutting edge and are transforming the way we do business. We extend our sincere congratulations to all the winners for achieving remarkable growth while delivering new services and experiences for their customers."

Overall, 2017 Technology Fast 500™ companies achieved revenue growth ranging from 135 percent to 59,093 percent from 2013 to 2016, with median growth of 380 percent.

"Emerging growth companies are powering innovation in the broader economy. The growth rates delivered by the companies on this year's North America Technology Fast 500 ranking are a bright spot for the capital markets and a strong indicator that the emerging growth technology sector will continue to deliver a strong return on investment," said Heather Gates, national managing director of Deloitte & Touche LLP's emerging growth company practice. "Deloitte is dedicated to supporting the best and brightest companies of the future in the emerging growth company sector. We are proud to acknowledge the significant accomplishments of this year's Fast 500 winners."

This growth award is the latest to recognize the accelerating adoption of Sorenson Media's Spark platform among advertisers and broadcasters. In August, Sorenson Media was ranked No. 70 on Mountain West Capital Network's Utah 100, naming them as one of the fastest growing companies in the state.

About Deloitte's 2017 Technology Fast 500™
Deloitte's Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2013 to 2016.
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, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as "Deloitte Global") does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.

About Sorenson Media
Founded in 1995, Sorenson Media provides trusted solutions to the broadcast television industry and is an innovator in next generation television--the fusing of the power and scale of broadcast TV with the data and addressability of digital. Using the capabilities of internet-connected devices to deliver addressability, interactivity, and measurement, Sorenson Media's Spark platform provides broadcasters and advertisers with a complete toolkit to enable, enhance, and improve the TV content and advertising viewing experience. For more information, visit www.sorensonmedia.com and follow us on Twitter, @sorensonmedia.

Media Contacts
Megan Herrick
Sorenson Media
(801) 831-4663
[email protected]

Roger Johnson
Method Communications
(801) 461-9781
[email protected]

SOURCE Sorenson Media

Related Links

http://www.sorensonmedia.com