The Planet Captures Seat on Deloitte's Technology Fast 50 List

HOUSTON, Oct. 17, 2007 – The Planet, the world’s largest privately held dedicated hosting company, today announced that it has once again been named to Deloitte's Technology Fast 50 Program for Texas.  The annual survey ranks the 50 fastest growing local technology, media, telecommunications and life sciences companies based on percentage revenue growth over five years from 2002 through 2006.
 
This is the second consecutive year The Planet has been included on the Technology Fast 50, moving four notches up the list to #12 for 2007.
 
“To rank on Deloitte’s Technology Fast 50, companies must have phenomenal revenue growth over five years,” said Skip Moore, Deloitte & Touche LLP, Managing Partner, Technology, Media & Telecommunications.  “The Planet has proven to be one of the fast-growth success stories in Texas, and we applaud their dedication to making their vision a reality.”
 
“Texas has become an increasingly strong technology market, evidenced by the list of companies named to the Deloitte Technology Fast 50,” said The Planet’s Vice President of Marketing Steve Kahan. “Our own company continues to outpace industry growth rates.  We are making significant investments in our business, reinforcing our commitment to be the recognized leader for delivering on demand IT infrastructure to small- and medium-sized businesses.”
 
To qualify for the Technology Fast 50, organizations must have had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006, and be headquartered in North America. 

Companies from the 16 regional Technology Fast 50 programs in the United States and Canada are automatically entered into Deloitte’s Technology Fast 500 program, which ranks North America’s top 500 fastest growing technology, media, telecommunications and life sciences companies.

To view the complete list, visit www.fast50.com. 

About Deloitte

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. 

About The Planet

The Planet is the leading provider of On Demand IT Infrastructure solutions, hosting more than 22,000 small- and medium-size businesses and 2.8 million Web sites worldwide.  By offering the best choice of servers, software tools and world-class support, backed by state-of-the-art facilities and unmatched network connectivity, The Planet helps turn information technology into a powerful competitive advantage that enables customers to successfully grow their businesses.  For additional information, visit www.theplanet.com.