Avangate Selected as Deloitte Technology Fast 500(TM) Award Winner in North America

Digital Commerce Company Generated More Than 500% Revenue Growth in the New Services Economy With Innovative Selling Tools

REDWOOD CITY, CA--(Marketwired - November 13, 2014) - Avangate, the leading Digital Commerce solution provider trusted by thousands of Software, Cloud and Online Services companies to grow their business worldwide, today announced that it has been selected as a 2014 Deloitte Technology Fast 500™ award winner in North America. This award program, sponsored by Deloitte, recognizes 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America based on revenue growth from 2009 to 2013.

Avangate's remarkable growth during this period was driven by its innovative commerce products as well as its accelerated expansion in North America. By helping its customers get to market faster, move easily to recurring revenue and sell more globally, Avangate managed to achieve an impressive 578% revenue growth over the five-year period.

"While it has become increasingly complex for merchants to handle all of the aspects associated with doing business online, across channels and touchpoints, the Avangate commerce solution helps companies -- whether software, SaaS or online services providers -- scale their business efficiently and be nimble on a global market while strengthening long term customer relationships," said Carl Theobald, President and CEO of Avangate. "Our inclusion in the Fast 500 is a testament to our vision of the digital commerce market and to our strong execution of strategic growth initiatives."

Avangate's North American headquarters is based in Redwood City, CA, and the company currently serves has over 3,800 software and online services customers worldwide.

For more information on the Deloitte's 2014 awards, please visit the Technology Fast 500 Rankings page.

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.

More information on deloitte.com.

About Avangate
Avangate is the leading Digital Commerce provider that enables the New Services Economy, helping software, SaaS and online services companies sell their products and services via any channel, acquire customers across touchpoints, increase retention, leverage smarter payments, experiment on the fly and optimize their business in order to increase overall revenue. Avangate's clients include Absolute Software, Bitdefender, Brocade, FICO, HP Software, Kaspersky, Metaio and many more companies across the globe.

More information can be found on avangate.com.

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