Online news publisher ranked again in Deloitte Technology Fast 500 Europe 29/11/2006 -Decision News Media, the online science and business news publisher, today announced it ranked 175th in the 2006 Deloitte Technology Fast 500 EMEA awards, a ranking of the 500 fastest growing technology, media and telecommunications companies in Europe, Middle East and Africa.
In a market place largely dominated by Anglo-Saxon media multinationals, Decision News Media's impressive position, the result of a 671,75 % revenue growth between 2001 and 2005, comforts the global trend of strong growth of the digital publishing industry.
Founded in early 2000, Decision News Media today publishes 23 leading business-to-business news websites for the food, pharmaceuticals, cosmetics and science industries. With currently 50 employees, it has developed into an established, thriving international news company.
"The fact that Decision News Media is ranked in the Deloitte Technology Fast 500 demonstrates that the online news publishing model works and offers outstanding growth opportunities. Online advertising reached an estimated new record value of $4,2 billion in the third quarter of 2006 (compared to $3,1 billion in Q3 2005) according to the Internet Advertising Bureau (IAB). " said Julien Letellier, Marketing Director of Decision News Media.
Readers are increasingly moving online, and according to Jupiter Research's Online Advertising Forecast, advertisers are following suit, with online advertising expenditure should reach $18.9 billion in 2010.
"Our advertisers are increasingly looking towards online advertising because of our clear advantage in measurable return on marketing investment and the strong readership figures we are delivering," added Letellier.
The company's rapid growth rate has also produced the expansion of subsidiary companies in London and New York, the world's capitals of the media publishing industry, to seek further market opportunities and strengthen its position amongst leading publishing houses.
About Decision News Media Decision News Media is an international online business-to-business news publisher. The company runs market leading science and business news services in the food, pharmaceuticals, science and cosmetics industries. From its newsrooms in Europe, the USA, Russia and Asia Pacific, Decision News Media serves decision makers in large international companies worldwide. Decision News Media has its head office in Montpellier - France and offices in London and Hoboken - New Jersey. The Internet address for Decision News Media is www.decisionnewsmedia.com.
About the Deloitte Technology Fast 500 EMEA Program The Deloitte Technology Fast 500 EMEA program is the region's most objective industry-ranking standard to focus on the technology field. It was created in 2000 to recognize the effort and dedication of the 500 fastest-growing technology companies in EMEA and includes all areas of technology: from Internet to biotechnology; from medical and scientific to computers/hardware. It includes both public and private companies. The awards, which have been running in EMEA for five years, are based on five-year average percentage revenue growth. Details of the winning companies are available at www.deloitte.com/fast500emea.