Higher One Ranked 131st Fastest Growing Company in North America on Deloitte’s 2011 Technology Fast 500™
October 19 2011 - 11:11AM
Business Wire
Higher One, a technology and payment services company focused on
higher education, today announced it ranked 131 on Deloitte’s
Technology Fast 500™ ranking of the 500 fastest growing technology,
media, telecommunications, life sciences, and clean technology
companies in North America. This is the fourth company award
celebrating growth or corporate culture that Higher One has
received in the last three months.
“We’ve built our products and services around the feedback of
administrators and students at more than 770 campuses around the
country with great success,” said Dean Hatton, CEO of Higher One.
“We’re proud of the resultant growth trajectory and high client
retention rates that our High Touch Service® model has
brought.”
Higher One helps schools at over 770 campuses around the nation
become more efficient in processing financial aid and other refunds
and payments in order to reduce expense and improve services for
students. Higher One climbs nine spots on the list from last year
when it ranked #140 as a Technology Fast 500™ award winner in
2010.
“Higher One, like all 2011 Technology Fast 500™ companies, has
excelled in fostering innovation and channeling it into spectacular
growth -- against the backdrop of one of the most challenging
economies in history,” said Eric Openshaw, vice chairman and U.S.
technology, media, and telecommunications leader, Deloitte LLP.
“Deloitte recognizes Higher One for its remarkable
accomplishment.”
Overall, 2011 Technology Fast 500™ companies achieved revenue
growth ranging from 134 percent to 70,211 percent from 2006 to
2010, with an average growth of 1,736 percent. For additional
detail on the Technology Fast 500™ including selection and
qualifying criteria, visit fast500.com.
About Deloitte’s 2011 Technology Fast 500™
Technology Fast 500, which was conducted by Deloitte &
Touche LLP, a subsidiary of 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 2006 to
2010.
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 Higher One
Higher One Holdings, Inc. (NYSE: ONE) is a leading company
focused on helping college business offices manage operations and
providing enhanced service to students. Through a full array of
services from refunds, payments, electronic billing, payment plans
and more, Higher One works closely with colleges and universities
to ensure students receive Financial Aid refunds quickly, can pay
tuition and bills online, make on-campus and community purchases
and learn the basics of financial management.
Higher One provides its services to approximately 5.5 million
students at distinguished public and private higher education
institutions nationwide. More information about Higher One can be
found at HigherOne.com.
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