LOS ANGELES, Dec. 3, 2013 (GLOBE NEWSWIRE) -- Telecommunications company Network Solutions Provider has been ranked No. 31 on Deloitte's 2013 Technology Fast 500™ ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. The 2013 rankings are based on percentage fiscal year revenue growth from 2008 to 2012. Network Solutions Provider grew more than 7,752 percent during this period under the direction of CEO Phillip Walker.
"Being part of the Deloitte 500 is a great honor, and I would like to thank my employees for all their hard work and dedication and my customers for believing in our solutions." --Phillip Walker, Network Solutions Provider inc.
The company attributes its success to a constant focus on client satisfaction and increasing market demand for its cloud services, mobility solutions, big data, unified communications and support in North America, Network Solutions Provider helps companies improve and streamline their information technology departments which in turn increases employee productivity.
"The 2013 Deloitte Technology Fast 500 companies are exemplary cases of those spurring growth in a tough market through innovation," said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. "This year's 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."
This is Network Solutions Provider's Second year in a row on the prestigious Technology Fast 500™ list. NSP also just made the Los Angeles Business Journal annual list of the Top 100 Fastest Growing Private Companies for the second year in a row, ranking No. 20 in the Greater Los Angeles region. In addition to strong revenue growth, the company also doubled its headcount in the past few years, adding jobs in the Los Angeles community.
NSP revenues have been up by more than 50 percent each year for the past six years and are on track to grow at that pace in 2013. The company continues to add clients at an aggressive pace and has entered into partnerships with entities such as IBM, AT&T Partner Exchange, Oracle and Microsoft. Other brands on the roster include Boeing, eBay and Northrop Grumman.
The Deloitte ranking comes on the heels of the company's announcement last week that NSP has become a member of the AT&T Platinum Partner exchange.
About Deloitte's 2013 Technology Fast 500™
Technology Fast 500, conducted by Deloitte 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 2008 to 2012.
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.
About Network Solutions Provider
NSP, with a balanced portfolio of small, medium and large sized customers is one of the fastest growing provider of technology solutions for businesses across the nation. The company combines unparalleled experience, comprehensive capabilities across all industries and an innovative business model. NSP believes that solutions not products are the best option for customers. NSP is ranked No. 523 on INC's list of America's Fastest Growing Private Companies.
NSP's headquarters are in Los Angeles, with offices in Ohio, Iowa, Virginia and Atlanta to serve the company's growing client base. For more information, please visit www.networksolutionsprovider.com.