Media Release
Webjet Ltd Wins Deloitte Technology Fast 500 Award
23rd December 2005
Webjet Limited (Webjet), Ranked Number 201 Fastest Growing Technology Company on the Deloitte Technology Fast 500 Asia Pacific 2005.
Attributes its 283% Revenue Growth to having the best technology, a focused and effective marketing strategy and providing the best online customer service and support available.
Melbourne, Australia, 22 December 2005 - Webjet today announced that it ranked number 201 on the Deloitte Technology Fast 500 Asia Pacific 2005, a ranking of the 500 fastest growing technology companies in Asia Pacific. Rankings are based on percentage revenue growth over three years. Webjet grew 283% percent during this period. Webjet Managing Director, David Clarke credits strong focus on maintaining a pure online model with the companies 283% growth rate over the past 3 years. "He said "we are not a hybrid operator and our customers are clear on what differentiates us from our competitors and they understand the benefits we provide. We are determined to remain a leading provider of internet travel services and will continue to innovate and adapt to changing market circumstances whilst ensuring we stay focused on our business plan"
"Attracting enough customers to attain such fast growth over three years makes a strong statement about the quality of a company's product and its leadership" said Ian Thatcher, partner in charge of Deloitte's Technology fast 500 Asia Pacific program. Webjet has shown the right stuff for growth."
In addition to ranking on Deloitte's Technology Fast 500, Webjet ranked 18th on the Australian Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in Australia.
Technology Fast 500 Asia Pacific Selection and Qualifications
The Technology Fast 500 list is compiled from Deloitte's Asia Pacific Technology Fast 50 programs, nominations submitted directly to the Technology fast 500, and public company database research. To qualify for the Technology Fast 500, entrants must have had first year operating revenues of at least US$50,000.
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