Contact Information: Contacts: LaunchSquad for SignalDemand Monica Miller or Corey Lewis 415-625-8555 signaldemand(at)launchsquad(dot)com
SignalDemand Named Rising Star in Deloitte's Technology Fast 50 Program for Silicon Valley
Pricing Leader Honored for Rapid Growth Over Past Three Years
| Source: SignalDemand
SAN FRANCISCO, CA--(Marketwire - October 31, 2008) - SignalDemand, the global leader in
on-demand price and margin optimization software, has been named a Rising
Star in Deloitte's Technology Fast 50 program for Silicon Valley. The
Rising Star award is a special designation for fast-growth companies that
have been in business a minimum of three years, and is part of the Silicon
Valley Technology Fast 50 program. Rising Star rankings are based on
percentage revenue growth over three years (2005-2007). This year's Silicon
Valley Technology Fast 50 program is co-presented by Deloitte, Silicon
Valley Bank, Korn/Ferry International, Cooley Godward Kronish LLP, Cornish
& Carey Client Solutions, and ABD Insurance and Financial Services - a
Wells Fargo company.
Using patent-pending econometric modeling and sophisticated pricing
algorithms, SignalDemand helps the world's largest manufacturers determine
the best pricing, product mix and production across regions, channels and
customers, even as worldwide commodities markets change in unanticipated
ways. The company's customers include global food, meat and industrial
manufacturers. Earlier this year, SignalDemand was named a "Cool Vendor" in
the Gartner "Cool Vendors in Manufacturing, 2008" and was the only
on-demand pricing company recognized by JMP Securities' "Hot 100" list of
private companies.
"The Deloitte Silicon Valley Technology Fast 50 Rising Star companies have
shown the strength, vision and tenacity to succeed despite a very
challenging technology environment," said Mark Jensen, partner and national
director, Venture Capital Services, Deloitte & Touche LLP. "Making
Deloitte's Technology Fast 50 Rising Star is a testament to a company's
vision that has resulted in exceptional growth over three years.
SignalDemand's leadership team has the right stuff for growth, and Deloitte
salutes their accomplishments."
"Being included alongside such a great roster of companies is fantastic
validation of the value that SignalDemand delivers to manufacturers in a
rapidly changing economic environment," said SignalDemand CEO Mike Neal.
"In this climate, companies are finding that their traditional approaches
to making pricing, product mix and production decisions no longer yield the
best results. As markets become more complex and less predictable, pricing
experts at global manufacturers are combining their own expertise with
SignalDemand to compete and win even under the most adverse conditions."
To qualify for the Technology Fast 50 Rising Star program, companies must
be incorporated a minimum of three years and have revenues in only three or
four years, have operating revenues of at least $50,000 in 2005 and
$5,000,000 in 2007, be headquartered within the San Francisco Bay Area
(subsidiaries or divisions are not eligible, unless they have some public
ownership and are separately traded), and own proprietary technology or
proprietary intellectual property that contributes to a significant portion
of the company's operating revenues or devote a significant proportion of
revenues to the research and development of technology. Using other
companies' technology or intellectual property in a unique way does not
qualify.
Rising Star companies are automatically entered in Deloitte's Technology
Fast 500 Rising Star category. Its Rising Star ranking is based on
percentage revenue growth over three years (2005-2007). For more
information on Deloitte's Technology Fast 500 or Technology Fast 50
programs, visit www.fast500.com.
About SignalDemand
SignalDemand provides manufacturers with on-demand software and services to
achieve maximum profit margins in the face of volatile markets and
increasingly complex pricing decisions. Using patented, comprehensive
mathematical models to process thousands of variables, SignalDemand's
technology allows customers to adjust supply and demand on a continual
basis. By recommending best price, supply utilization and product mix in
moments, SignalDemand enables better day-to-day decision-making. Companies
such as Cargill, Farmland Foods, Hormel, National Frozen Foods, Rich
Products, Seaboard Foods and Ventura Foods rely on SignalDemand for
immediate and ongoing improvement of financial performance. For more
information, please visit www.signaldemand.com.
About Deloitte
As used in this document, "Deloitte" means Deloitte LLP. Please see
www.deloitte.com/about for a detailed description of the legal structure of
Deloitte LLP and its subsidiaries.