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For Immediate Release
PR Contact: Skyler Bolton, Orion Technologies, 407-845-1700, firstname.lastname@example.org
Orion Technologies Ranked Number 230 Fastest Growing Company in North America on Deloitte’s 2017 Technology Fast 500™
Attributes 421 Percent Revenue Growth to their dedicated team of people
Orlando, FL, 11/9/17 — Orion Technologies today announced it ranked No. 230 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Orion Technologies grew 421 percent during this period.
Orion Technologies’ chief executive officer, Nirav J. Pandya, credits his dedicated team and their commitment to their customers with the company’s 421% revenue growth. He said, “I am proud of the culture that we have created at Orion Technologies. Everyone at Orion Technologies takes pride in what they do; knowing that our products are saving the lives of our troops.”
“The Deloitte 2017 North America Technology Fast 500 winners underscore the impact of technological innovation and world class customer service in driving growth, in a fiercely competitive environment,” said Sandra Shirai, vice chairman, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader. “These companies are on the cutting edge and are transforming the way we do business. We extend our sincere congratulations to all the winners for achieving remarkable growth while delivering new services and experiences for their customers.”
“Emerging growth companies are powering innovation in the broader economy. The growth rates delivered by the companies on this year’s North America Technology Fast 500 ranking are a bright spot for the capital markets and a strong indicator that the emerging growth technology sector will continue to deliver a strong return on investment,” said Heather Gates, national managing director of Deloitte & Touche LLP’s emerging growth company practice. “Deloitte is dedicated to supporting the best and brightest companies of the future in the emerging growth company sector. We are proud to acknowledge the significant accomplishments of this year’s Fast 500 winners.”
Overall, 2017 Technology Fast 500™ companies achieved revenue growth ranging from 135 percent to 59,093 percent from 2013 to 2016, with median growth of 380 percent.
About Deloitte’s 2017 Technology Fast 500™
Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2013 to 2016.
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, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.
About Orion Technologies
Orion Technologies specializes in the design and development of embedded computers and rugged chassis systems for military applications. Their offering includes custom solutions for rugged systems, single-board computers, and backplanes. All of Orion’s products utilize the latest-generation technology and come with long lifecycle support. With over 20 years of experience designing and manufacturing single board computers and components, Orion is poised to provide an extremely high level of support for your system needs. Few companies are able to put customers in direct contact with the engineers that designed the product in question like Orion. Orion strives to offer top-notch customer service and support, while still offering solutions at prices within your budget.
In addition to custom solutions, Orion offers a vast amount of commercial-off-the-shelf products such as rugged systems, single-board computers, backplanes, switches, power supplies, development chassis, rear-transition modules, I/O modules, and carrier cards. Whether it’s a small quantity, one-time requirement or a high volume product for years to come, Orion Technologies would like to be Your Partner in Embedded Solutions.
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