Lexipol Ranked Number 387 Fastest Growing Company in North America on Deloitte's 2012 Technology Fast 500™
ALISO VIEJO, Calif., Nov. 14, 2012 (GLOBE NEWSWIRE) -- Lexipol today announced it ranked 387 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. Lexipol grew 193 percent during this period.
Lexipol's Chief Executive Officer, Dan Merkle, credits the company's innovative use of technology in addressing one of public safety's biggest concerns: risk management. Lexipol has become the industry leader in helping law enforcement, custody and the fire services address their operational concerns through comprehensive policies that are solidly grounded in federal and state law, best practices, and the experience of Lexipol's team of public safety professionals.
"Since 2003, Lexipol has been serving public safety organizations by delivering its policy manual and integrated training services through a unique, SaaS-based content development system. Our Knowledge Management System allows these organizations to customize their policies and training to reflect the uniqueness of their agency. Lexipol also provides an online, collaboration platform for its subscribers and subject matter experts," Merkle said.
"We are proud to honor the 2012 Technology Fast 500™ companies, and commend them for their 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 Lexipol for this impressive accomplishment."
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.
Lexipol is a company founded on the premise that risk management is fundamental to public safety. As a leader in the industry, Lexipol helps law enforcement, custody and fire services address their operational concerns through comprehensive policies with an integrated training component. Lexipol works with thousands of agencies across America to bring its extensive risk management knowledge and expertise to the forefront of public service.
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