Higher One Ranked Fastest Growing Company in North America on Deloitte's 2012 Technology Fast 500™ for the Third Consecutive Year
Higher One Secures Sixth Consecutive Company Award in 2012
NEW HAVEN, Conn.--(BUSINESS WIRE)-- Higher One, a leader in providing financial services and data analytics to over 1,250 college and university campuses across the U.S., announced it ranked 175 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. Higher One achieved 530% revenue growth over a five year period. This is the sixth company award celebrating growth or corporate culture that Higher One has received this year alone.
"We are pleased to secure a ranking on the Deloitte list three years in a row," said Mark Volchek, Chief Executive Officer of Higher One. "Our success is evidenced in part by our growth but also by our ability to maintain an industry-high client retention rate of 99% or above through our fierce focus on service."
Recognized as Corporate Citizen of the Year, this year Higher One adds its Deloitte's Technology Fast 500 award to other accolades, including being named to Great Place to Work 2012, Achievers 50 Most Engaged Workplaces, 2012 Top Workplaces, and Connecticut Technology Council's Marcum Tech Top 40. To learn more about a career at Higher One, visit higherone.com/careers.
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 Higher One
Higher One Holdings, Inc. (NYS: ONE) is a leading company focused on creating cost-saving efficiencies for higher education institutions and providing high-value services to students. Higher One offers a wide array of technological services on campus, ranging from streamlining the institution's performance analytics and financial aid refund processes to offering students innovative banking services, tuition payment plans, and the basics of financial management. Higher One works closely with colleges and universities to allocate resources more efficiently in order to provide a higher quality of service and education to students.
Founded in 2000 on a college campus by college students, Higher One now serves more than half of the higher education market, providing its services to over 1,250 campuses and 10.8 million students at distinguished public and private institutions nationwide. More information about Higher One can be found at HigherOne.com.
Higher One Holdings, Inc.
Shoba V. Lemoine, 203-776-7776, ext. 4503
KEYWORDS: United States North America Connecticut
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