LOS ANGELES, Nov. 16, 2004 (PRIMEZONE) -- Dial Thru International Corp. (OTCBB:DTIX) has been named to Deloitte's prestigious Technology Fast 50 Program for Los Angeles, a ranking of the 50 fastest-growing technology companies in the area by Deloitte & Touche LLP, one of the nation's leading professional services firms.
Dial Thru International President and Chief Executive Officer John Jenkins credits a superior VoIP technology platform and marketing with the company's 466 percent revenue growth from 1999-2003.
"We are pleased that Dial Thru International was recognized for its achievements as a Los Angeles Fast 50 company in a region that is home to more than 5,000 technology companies," Jenkins said. "It's a tribute to the quality of service we provide to our rapidly growing number of customers -- both domestically and internationally."
Dial Thru International's increase in revenues of 466 percent from 1999 to 2003 placed the company 15th in the Fast 50 for Los Angeles.
"To qualify for The Deloitte & Touche Los Angeles Technology Fast 50, companies have shown the courage and vision to succeed despite a challenging business environment," said Tim Lovoy, a partner in Deloitte & Touche's Technology, Media and Telecommunications practice in Los Angeles. "To succeed during prosperous times is one thing, but to succeed in adversity is much more challenging, and that's exactly what the Technology Fast 50 winners have done."
To earn the designation of the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 1999 and $1,000,000 in 2003, must be public or private companies headquartered in North America, and be a "technology company" defined as owning proprietary technology that contributes to a significant portion of the company's operating revenues (using other companies' technology in a unique way does not qualify), and/or devoting a significant proportion of revenues to the research and development of technology.
About Dial Thru International
Founded in 1997, Dial Thru International provides value-added VoIP (Voice over Internet Protocol) communication services to customers, both domestically and internationally. Dial Thru International has become a leading provider of proven, high-quality Internet telephony products, services and infrastructure for service providers, businesses and individuals worldwide. The company's VoIP offerings include PC-to-phone, phone-to-phone and broadband phone solutions. Dial Thru International's network spans more than 15 countries on five continents. The company also provides a robust back-office suite of products, including billing, operations management, marketing support, inventory management, accounts payable, accounts receivable, sales force automation, commission management, trouble ticket reporting and network management on-line, so that any business customer can manage his telecommunications system in a real time environment. For more information about Dial Thru International, please visit www.dialthru.com.
About Deloitte
Deloitte, one of the nation's leading professional services firms, provides audit, tax, financial advisory services and consulting through nearly 30,000 people in more than 80 U.S. cities. Known as an employer of choice for innovative human resources programs, the firm is dedicated to helping its clients and its people excel. "Deloitte" refers to the associated partnerships of Deloitte & Touche USA LLP (Deloitte & Touche LLP and Deloitte Consulting LLP) and subsidiaries. Deloitte is the US member firm of Deloitte Touche Tohmatsu. For more information, please visit Deloitte's web site at www.deloitte.com/us.