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iCIMS Named One of NJ's Fastest Growing Technology Companies in Deloitte & Touche's Technology Fast 50
SaaS-Provider attributes employee excellence, strong customer loyalty, and "Back to the Basics" philosophy for its 1142% revenue growth
August 15, 2005 Hazlet, NJ - iCIMS, a leading provider of web-based Hiring Management Solutions, announced today that it has been ranked as the 13th fastest growing technology company in New Jersey by Deloitte & Touche LLP. Deloitte & Touche, one of the nation's leading professional services firms sponsors the prestigious Technology Fast 50 Program for New Jersey, a ranking of the 50 fastest growing technology companies in the state. Rankings are based on the percentage revenue growth over five years from 2000-2004. This is the first time iCIMS, provider of the Industry's #1-ranked Applicant Tracking Solution, earned recognition for this honor.
iCIMS' President and CEO, Colin Day, credits the company's "Back to the Basics" business model and exceedingly high marks in customer service and support for its 1142% five-year revenue growth. "Although we have grown significantly over the past few years, we have not strayed from our original company philosophy; to provide our customers with the most efficient, cost-effective solutions to fulfill all of their Recruitment needs," Day said. "In addition, we see great value in developing strong relationships with our clients and work hard to nurture these partnerships." iCIMS currently maintains a 97% customer satisfaction and renewal rating, and was one of the few vendors to receive a perfect 4.0 for customer support in a recent ERExchange survey.
Day concludes, "Being committed to a single vision is only half the battle, as it is vital to find the right people to execute that vision. The Deloitte Fast 50 recognition would not be possible if not for the highly motivated team we have put together over the years at iCIMS. Today is a day of validation and reward for all of the hard work and commitment put forth by the entire iCIMS family."
"Deloitte & Touche LLP's New Jersey Technology Fast 50 companies have shown the strength, vision and temerity to succeed in today's very competitive technology environment," said Paul Mlynarski, a partner at Deloitte Tax LLP and chairperson of Deloitte's New Jersey Technology Fast 50 program. "We applaud the successes of iCIMS and acknowledge their place as one of the very few to accomplish such a fast growth rate over the past five years."
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2000 and $1,000,000 in 2004, must be public or private companies headquartered in New Jersey, and be a "technology company," defined as a company that owns proprietary technology that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology.
iCIMS is also qualified for consideration in Deloitte's Fast 500, recognition of the fastest growing technology companies in the United States, to be announced later this year.
About Deloitte:
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte", "Deloitte & Touche", "Deloitte Touche Tohmatsu" or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.
Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.
08/15/2005
About iCIMS:
iCIMS, the third-largest provider of Software-as-a-Service (SaaS) talent acquisition solutions, is an Inc. 500 honoree focused on solving corporate business issues through the implementation of easy-to-use web-based software solutions. iCIMS' Talent Platform, the industry's premier Talent Platform, enables organizations to manage their entire talent lifecycle from applicant tracking through onboarding and beyond through a single web-based application. With more than 750 clients worldwide, iCIMS is one of the largest and fastest-growing talent management system providers in the space. To learn more about how iCIMS can help your organization, visit www.icims.com or view a free online demo of the iCIMS Talent Platform at www.icims.com/prelude/1128/9986.
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