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2007 News Releases
Merced Systems, Inc. Named Rising Star in
Deloitte's Technology Fast 50 Program for Silicon Valley
Redwood Shores, CA, October 30, 2007— Merced Systems, Inc. has been named a Rising Star in Deloitte & Touche USA LLP's Technology Fast 50 program for Silicon Valley. The Rising Star award is a special designation for fast-growth companies that have been in business a minimum of three years, but less than five and is part of the Silicon Valley Technology Fast 50 program, which ranks the 50 fastest growing technology, media, telecommunications, and life sciences companies headquartered in Silicon Valley . Rankings are based on percentage revenue growth over three years (2004-2006). This year's Silicon Valley Technology Fast 50 program is co-presented by Deloitte & Touche USA LLP and Silicon Valley Bank, Cooley Godward Kronish LLP, Korn/Ferry International, and Woodruff-Sawyer & Co.
Merced Systems is the leader in customer operations performance management, providing software solutions for contact centers, field service, channel, and back office operations. Merced Performance Suite — the company's core product — has been deployed globally and throughout the Fortune 250, and has accrued more end users than any other customer operations performance management application on the market. Due to the company's customer success and measurable business impact, Merced Systems has grown profitably at more than 100% annually for the past 4 years.
"Making Deloitte's Silicon Valley Technology Fast 50 Rising Star is a testament to a company's vision that has resulted in exceptional growth over three years. Merced Systems' leadership team has the right stuff for growth, and Deloitte salutes their accomplishments," said Mark Jensen, partner and national director, Venture Capital Services, Deloitte & Touche LLP.
"It is an honor to be recognized by Deloitte for our company's achievements," said Matt Glickman, CEO and co-founder of Merced Systems. "By focusing on our customers' successes and by delivering the most innovative and impactful product in the market, we have been able to expand our position as the leader in the customer operations performance management market."
Rising Star companies are automatically entered in Deloitte's Technology Fast 500 Rising Star category. Deloitte's Technology Fast 500 program ranks North America's top 500 fastest growing technology, media, telecommunications, and life sciences companies based on percentage revenue growth over five years (2002-2006). Its Rising Star ranking is based on percentage revenue growth over three years (2004-2006). For more information on Deloitte's Technology Fast 500 or Technology Fast 50 programs, visit www.fast500.com.
About Merced Systems
Merced Systems is the leading provider of customer operations performance management applications to contact centers, field service, channel, and back-office operations. Merced Systems' award winning products serve Fortune 100 and smaller customers in a variety of different industries including Banking, Brokerage, Insurance, Consumer Credit, Telecommunications, Healthcare, High Technology and Consumer Goods. With integrated dashboards, reports, analytics, workflow, and data integration, over 100,000 people worldwide use Merced Systems' products to drive performance improvement in their customer operations. A privately held venture capital based company based in Redwood City , CA. Merced Systems has grown profitably at over 100% annually for the past 4 years. For more information on Merced Systems, please visit www.mercedsystems.com.
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.
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