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TMCNet:  Ping Identity Ranked Number 166 Fastest Growing Company in North America on Deloitte's 2012 Technology Fast 500™

[November 14, 2012]

Ping Identity Ranked Number 166 Fastest Growing Company in North America on Deloitte's 2012 Technology Fast 500™

DENVER --(Business Wire)--

Ping Identity today announced it ranked 166 on Deloitte's (News - Alert) Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Ping Identity grew 558 percent during this period.

Ping Identity's Chief Executive Officer Andre Durand credits the dedication to innovation with the company's success. "We employ the brightest minds in identity. People who are passionate about innovation to drive both our business and our industry forward," he said. "Focusing on great inputs enables great achievements. We are proud to be recognized by Deloitte & Touche."

"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 Ping Identity for this impressive accomplishment."

Overall, 2012 Technology Fast 500™ companies achieved revenue growth ranging from 128 percent to 279,684 percent from 2007 to 2011, with an verage growth of 2,774 percent.

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 Ping Identity | The Cloud Identity Security Leader

Ping Identity provides cloud identity security solutions to more than 800 of the world's largest companies, government organizations and cloud businesses. With a 99% customer satisfaction rating, Ping Identity empowers 45 of the Fortune 100 to secure hundreds of millions of employees, customers, consumers and partners using secure, open standards like SAML, OpenID and OAuth. Businesses that depend on the Cloud rely on Ping Identity to deliver simple, proven and secure cloud identity management through single sign-on, federated identity management, mobile identity security, API security, social media integration, and centralized access control. Visit pingidentity.com for more information.


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