GlobalEnglish Corporation Named by Deloitte as One of the Fastest Growing Companies in Silicon Valley
October 30, 2007 - GlobalEnglish Corporation Named by Deloitte as One of the Fastest Growing Companies in Silicon Valley
Brisbane, CA, October 30, 2007 — GlobalEnglish Corporation, the leading provider of on-demand Business English communication learning and support for the world's top companies, has been named to Deloitte's prestigious Technology Fast 50 Program for Silicon Valley. This program is a ranking of the fastest-growing technology, media, telecommunications, and life sciences companies in the region by Deloitte & Touche USA LLP, one of the nation's leading professional services organizations. Rankings are based on the percentage of revenue growth over five years from 2002–2006.
"Our growth over the past five years is a reflection of our demonstrated results with clients, and the increasing relevance of Business English communication in a rapidly globalizing world," said Deepak Desai, President and CEO of GlobalEnglish Corporation. "As companies focus on access to new markets, innovation, speed, productivity, and improved customer service, the challenges of enabling effective Business English communication grow larger. GlobalEnglish gives organizations a way to strategically and cost-effectively address the communication issues that are key to success in these areas."
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006, be headquartered in Silicon Valley, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. The average increase in revenues among companies who made the Technology Fast 50 was 1,455%.
"Deloitte's Silicon Valley Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today's very competitive technology environment," said Mark Jensen, partner and national director, Venture Capital Services, Deloitte & Touche LLP. "We applaud the successes of GlobalEnglish Corporation and acknowledge it as one of the very few to accomplish such a fast growth rate over the past five years."
Companies from the 16 regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte's Technology Fast 500 program, which ranks North America's top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.
This year's Silicon Valley Technology Fast 50 program is co-presented by Deloitte & Touche USA LLP and Silicon Valley Bank, Cooley Godward Kronish LLP, Korn/Ferry International, and Woodruff-Sawyer & Co.
About GlobalEnglish Corporation
GlobalEnglish Corporation is the leading provider of on-demand Business English communication learning and support for the world's top companies, including ArcelorMittal, CSC, General Electric, Hewlett-Packard, John Deere, Maersk, Mitsubishi Corporation, Procter & Gamble, Reuters, Unilever, and Wyeth. GlobalEnglish helps clients succeed in the global marketplace by improving employee productivity, customer service, innovation, and teamwork through improved business communication.
The GlobalEnglish Corporate Learning Service™ provides learners with a unique blend of rich course content, progress assessment, and performance support. The service also offers live, real-time access to qualified English teachers 24 hours a day, 7 days a week via voice and text. And a complete suite of administration tools helps companies easily manage, measure, and track performance across the organization.
GlobalEnglish complements its world-class online Corporate Learning Service with a full range of implementation consulting services, including a team of global consultants who partner with clients to ensure success.
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte", "Deloitte & Touche", "Deloitte Touche Tohmatsu" or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.
Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.
GlobalEnglish is a registered trademark, and the GlobalEnglish logo and Corporate Learning Service are trademarks of GlobalEnglish Corporation. Other company and product names used herein are for identification purposes and may be trademarks of their respective companies.