Telesphere Ranked Among Fastest Growing Companies in North America on Deloitte's 2014 Technology Fast 500(TM)

SCOTTSDALE, Ariz., Nov. 13, 2014 (GLOBE NEWSWIRE) -- Telesphere today announced it ranked 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.

Telesphere's President Clark Peterson credits innovation, solid infrastructure and exceptional customer service with the company's 163 percent revenue growth. He said, "We're extremely gratified to be recognized two years in a row by Deloitte's Technology Fast 500. Telesphere's cloud-based services allow businesses to enjoy the latest voice, video, internet, mobility and collaboration features of the most sophisticated enterprise systems without the costly investment of on-site equipment. Over our private IP MPLS network Telesphere delivers Cloud based solutions in a secure and high quality manner required by large single and multi location customers nationwide. As we accommodate new growth and innovation each year, one thing that never changes is our unwavering focus on creating an exceptional experience for our customers."

"The companies ranked on the 2014 Deloitte Technology Fast 500 continue to set the bar for their industry higher each year," said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. "There are so many exciting products and smart thought leaders driving this list. We congratulate the Fast 500 companies and look forward to seeing them continue their momentum into 2015."

"For 20 years, the Deloitte Fast 500 rankings have honored the innovation that is part of these companies' DNA," added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. "We're glad to be serving these high-growth companies, and helping the technology sector recognize the great strides and transformation these companies are making in their respective areas."

About Deloitte's 2014 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 2009 to 2013. 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 Telesphere

Telesphere is the nation's leading provider of fully hosted VoIP and unified cloud communications services for businesses, has headquarters in the Phoenix area, and a regional presence in Seattle, California, Las Vegas, Denver, Dallas, Salt Lake City, Minneapolis/St. Paul, and New York. Offering carrier-grade performance and support for wireline and mobile devices to businesses over its private IP MPLS network, one of the largest in the nation, Telesphere's cloud-based services allow businesses to enjoy all the latest voice, video, data, mobility and collaboration features of large enterprise systems without the costly investment of on-site equipment.