Tangoe, Inc. Named to Deloitte’s 2012 Technology Fast 500™
ORANGE, Conn. -- November 19, 2012
Tangoe, Inc. (NASDAQ: TNGO), a leading global provider of Communications
Lifecycle Management (CLM) software and related services, today announced it
ranked 211 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. Tangoe has been ranked as a Technology
Fast 500 recipient for the past seven years.
"Tangoe is honored, once again, to be recognized as one of the fastest growing
technology corporations in the nation,” said Tangoe president and CEO Al
Subbloie. “With nearly 400 percent revenue growth over the 5-year period from
2007 to 2011, our continued expansion is a result of increased global demand
for enterprise communications lifecycle management solutions. On a global
level, enterprises have a common need for a comprehensive solution that
provides visibility and control over the ever-changing mobile landscape and
for telecommunications savings opportunities within the enterprise,” said
“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 Tangoe, Inc. for this impressive
In 2011, Tangoe ranked 216th as a Technology Fast 500 award winner.
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.
Tangoe (NASDAQ: TNGO) is a leading global provider of Communications Lifecycle
Management (CLM) software and services to a wide range of global enterprises.
CLM encompasses the entire lifecycle of an enterprise’s communications assets
and services, including planning and sourcing, procurement and provisioning,
inventory and usage management, mobile device management, invoice processing,
expense allocation and accounting, and asset decommissioning and disposal.
Tangoe’s Communications Management Platform (CMP) is an on-demand suite of
software designed to manage and optimize the complex processes and expenses
associated with this lifecycle for both fixed and mobile communications assets
and services. Tangoe’s customers can also manage their communications assets
and services by engaging Tangoe’s client service group.
Additional information about Tangoe can be found at www.tangoe.com. Tangoe is
a registered trademark of Tangoe, Inc.
PAN Communications, Inc.
Nikki Festa, 1 617-502-4300
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