LONG BEACH, Calif.--(BUSINESS WIRE)--Cie Games, a successful game developer and creator of leading automotive-based Facebook game Car Town, today ranked No. 270 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Cie Games saw 287 percent fiscal year revenue growth during the period from 2007 to 2011.
“These ground-breaking companies have outpaced their competition and are reinventing the way we do business today.”
Dennis Suggs, Cie Games’ president and chief executive officer, credits the focus on quality games and constant innovation with the company’s nearly 300 percent revenue growth. Suggs said, “We are proud of our growth in the social and mobile games marketplace in the last few years and committed to delivering the best games while expanding onto new platforms. We are honored to be part of Deloitte’s Technology Fast 500 distinguished list and look forward to future rankings.”
“We are proud to honor the 2012 Technology Fast 500™ companies, and commend them for their outstanding growth,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications (TMT) leader. “These ground-breaking companies have outpaced their competition and are reinventing the way we do business today.”
“The companies on the Fast 500 list are among those that have demonstrated remarkable innovation, creativity and business savvy,” said Bill Ribaudo, partner, Deloitte & Touche LLP and national TMT leader for audit and enterprise risk services (AERS). “As a result, these companies have continued to successfully forge ahead in a challenging economic environment. We applaud the leadership and employees of Cie Games for this impressive accomplishment.”
Overall, 2012 Technology Fast 500™ companies achieved revenue growth ranging from 128 percent to 279,684 percent from 2007 to 2011, with an average growth of 2,774 percent.
About Deloitte’s 2012 Technology Fast 500™
Technology Fast 500, conducted by Deloitte & Touche 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 2007 to 2011.
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 Cie Games
Cie Games is a leading developer and publisher of social and mobile games. Its popular game, Car Town, is the first Facebook game built around brands and has attracted more than 46 million players worldwide. Cie Games has developed licensing, advertising and marketing partnerships and integrations with more than 35 major companies and brands, including NASCAR, General Motors, Honda, Toyota, Ferrari, Universal Pictures, Regal Entertainment and others. Cie Games is based in Long Beach, Calif.