Attributes its 200% Percent Revenue Growth to Focus on Customers and Partners
San Carlos, CA – November 13, 2008, –Luidia Inc., a leading provider of idea capturing technology and manufacturer of eBeam® interactive whiteboard systems in the global marketplace, announced today that it has been named to the prestigious award of Rising Star in Deloitte’s Technology Fast 50 program for Silicon Valley. This is the second year in a row that Luidia has received this honor. Part of the Silicon Valley Technology Fast 50 program, the Rising Star award is a special designation for fast-growth companies that have been in business a minimum of three years. Rising Star rankings are based on percentage revenue growth over three years (2005–2007).
Luidia’s CEO Rafi Holtzman credits the company’s rapid growth to a scalable world-wide business model, continued partner and employee dedication, and the company’s commitment to making a difference in the education and corporate markets.
"We are honored to be recognized by Deloitte for our strong performance. Keeping our focus on our key priorities, our customers and partners, enables us to ensure best of breed products and services world-wide. We are proud that our company has proven to have the dedication and vision to excel in today’s competitive market,” said Rafi Holtzman, CEO.
“Making Deloitte’s Technology Fast 50 Rising Star is a testament to a company's vision that has resulted in exceptional growth over three years. Luidia’s leadership team has the right qualities for growth, and Deloitte salutes their accomplishments," said Mark Jensen, partner and national director, Venture Capital Services, Deloitte & Touche LLP.
To qualify for the Technology Fast 50 Rising Star program, companies must be incorporated a minimum of three years, have operating revenues of at least $50,000 in 2005 and $5,000,000 in 2007, be headquartered within the San Francisco Bay Area, and own proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues or devote a significant proportion of revenues to the research and development of technology.
Rising Star companies are automatically entered in Deloitte’s Technology Fast 500 Rising Star category. Its Rising Star ranking is based on percentage revenue growth over three years (2005–2007). For more information on Deloitte’s Technology Fast 500 or Technology Fast 50 programs, visit "http://www.fast500.com"
About Luidia
Luidia produces eBeam portable interactive solutions that work with existing writing surfaces to capture meeting notes as they are created and, in conjunction with digital projection, turn traditional whiteboards into interactive ones. Luidia also provides its award-winning Idea Capturing Technology™ to industry leaders such as 3M, ACCO, Hitachi, NEC, edding AG, and Uchida, who incorporate the technology into compelling new interactive presentation and display products. www.luidia.com
Formerly a division of Electronics for Imaging (NASDQ: EFII), Luidia was incorporated in July 2003.
About Deloitte
As used in this document, “Deloitte” means Deloitte LLP. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
eBeam is a registered trademark and Luidia is a trademark of Luidia. All other terms and product names may be trademarks or registered trademarks of their respective owners and are hereby acknowledged.
For more
information contact:
For more information contact:
Jenny Rutherford
650-413-7521
Jenny@luidia.com
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