EnerNOC Ranked One of Fastest Growing Companies in North America on Deloitte's
2013 Technology Fast 500(TM)
Attributes 162 Percent Revenue Growth to Expanded Domestic and International
BOSTON, Nov. 13, 2013 (GLOBE NEWSWIRE) -- EnerNOC, Inc. (Nasdaq:ENOC), a
leading provider of energy intelligence software, today announced it ranked 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. EnerNOC grew 162 percent during this period.
EnerNOC's chief executive officer, Tim Healy, credits growth of the energy
intelligence software and related solutions category, which includes demand
response, increased activity in international markets, and an expanded
domestic demand response footprint with the company's 162 percent revenue
"The 2013 Deloitte Technology Fast 500 companies are exemplary cases of those
spurring growth in a tough market through innovation," said Eric Openshaw,
vice chairman, Deloitte LLP and U.S. technology, media and telecommunications
leader. "This year's list is a who's who of companies behind the most exciting
and innovative products and services in the technology space. We congratulate
the Fast 500 companies and look forward to what they do next."
"The fastest growing companies in the U.S. are drivers of constant innovation
and operate with the agility to stay ahead of a quickly evolving marketplace,
and software, biotech/pharma and internet companies continue to be at the
forefront," added James Atwell, national managing partner of the Emerging
Growth Company practice, Deloitte Services LP. "The companies excelling in
these sectors have a startup mentality that allows them to be nimble and adapt
quickly, which is why they consistently lead the list of fast-growing
companies each year."
Overall, 2013 Technology Fast 500™ companies achieved revenue growth ranging
from 137 percent to 208,897 percent from 2008 to 2012, with an average growth
of 2,600 percent.
About Deloitte's 2013 Technology Fast 500™
Technology Fast 500, conducted by Deloitte 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 2008 to 2012.
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.
EnerNOC is a leading provider of energy intelligence software and related
solutions. EnerNOC unlocks the full value of energy management for utility and
commercial, institutional, and industrial (C&I) customers by delivering a
comprehensive suite of demand-side management services that reduce real-time
demand for electricity, increase energy efficiency, improve energy supply
transparency in competitive markets, and mitigate emissions. EnerNOC's Utility
Solutions™ offerings, which include both implementation and consulting
services, are helping hundreds of utilities and grid operators worldwide meet
their demand-side management objectives. EnerNOC serves thousands of
commercial, institutional, and industrial customers worldwide through a suite
of energy management applications including: DemandSMART™, comprehensive
demand response; EfficiencySMART™, continuous energy savings; and
SupplySMART™, energy price and risk management. EnerNOC's Network Operations
Center (NOC) offers 24x7x365 customer support. For more information, visit
The EnerNOC, Inc. logo is available at
CONTACT: Media Relations: Robin Deliso, (617) 692.2601
Investor Relations: Brian Norris, (617) 532.8104
EnerNOC, Inc. Logo
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