SAN RAMON, Calif., June 30, 2014 (GLOBE NEWSWIRE) -- Five9 (Nasdaq:FIVN), a leading provider of cloud contact center software, was named one of the fastest growing companies on Deloitte's 2013 Technology Fast 500™. Deloitte ranked Five9 number 242 on the list of the 500 fastest growing technology companies in North America, based on strong year over year revenue growth.
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"Five9 is pleased to be recognized by Deloitte as a fast growing company, for the second year in a row. Five9 continues to be a leader in the cloud contact center software industry as demonstrated by our consistently strong revenue growth."
-Mike Burkland, president and CEO, Five9
According to Deloitte, the fastest growing companies in North America are drivers of constant innovation and operate with the agility to stay ahead of a quickly evolving marketplace, and software companies continue to be at the forefront.
"The 2013 Deloitte Technology Fast 500 companies are exemplary cases of those spurring growth in a tough market through innovation. The 2013 list is a who's who of companies behind the most exciting and innovative products and services in the technology space. We congratulate the Fast 500 companies and look forward to what they do next."
-Eric Openshaw, vice chairman, Deloitte LLP
In addition to the Deloitte listing, Five9's growth and solution excellence have garnered significant industry recognition, including an Inc. 5000 listing, an AlwaysOn Global 250 Top Private Company listing, and an AlwaysOn OnDemand Top 100 selection.
Five9 is a leading provider of cloud contact center software, bringing the power of the cloud to thousands of customers and facilitating more than three billion customer interactions annually. Since 2001, Five9 has led the cloud revolution in contact centers, helping organizations of every size transition from premise-based software to the cloud. With its extensive expertise, technology, and ecosystem of partners, Five9 helps businesses take advantage of secure, reliable, scalable cloud contact center software to create exceptional customer experiences, increase agent productivity and deliver tangible business results. For more information visit www.five9.com.
Forward Looking Statements
This news release contains certain forward-looking statements that are based on our current expectations and involve numerous risks and uncertainties that may cause these forward-looking statements to be inaccurate, including the statements in the quote from our CEO regarding our leadership and revenue growth. Risks that may cause these forward-looking statements to be inaccurate include, among others: (i) our quarterly and annual results may fluctuate significantly, may not fully reflect the underlying performance of our business and may result in decreases in the price of our common stock; (ii) our recent rapid growth may not be indicative of our future growth and we may fail to manage our growth effectively; (iii) a decline in our dollar-based retention rate could cause our revenues, gross margins and net income to decrease and we may be required to spend more money to grow our client base to maintain our revenues; (iv) third-party telecommunications and internet service providers on which we rely may fail to provide our clients and their customers with reliable telecommunication services and connectivity to our cloud contact center software; (v) we may be unable to achieve or sustain profitability; and (vi) the other risks detailed from time-to-time under the caption "Risk Factors" and elsewhere in our Securities and Exchange Commission filings and reports, including, but not limited to, our most recent quarterly report on Form 10-Q. Such forward looking statements speak only as of the date hereof and readers should not unduly rely on such statements. We undertake no obligation to update the information contained in this press release, including in any forward-looking statements.
CONTACT: Media Contact Meghan Hammitt, Five9 (925)364-9162 Meghan.Hammitt@Five9.com