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VeCommerce ranked in Deloitte Technology Fast 50 Program for second year



VeCommerce Limited (ASX:VCM), a global leader in the provision of natural language speech recognition (NLSR), speaker verification and voice enabled e-commerce solutions, has achieved twentieth position in the elite "Deloitte Technology Fast 50" for 2003, a ranking of the 50 fastest growing technology companies in Australia.
In its second year of entry, the company has achieved this ranking with a revenue growth rate of 238 per cent over the last three years. The company also achieved sixth position in the inaugural "Asia-Pacific Deloitte Touche Tohmatsu Technology Fast 500" announced in December 2002.
Despite the backdrop of uncertainty over the last year, we are proud of sustaining our high level of growth and are very pleased to be recognised by Deloitte Touche Tohmatsu for the second year running, said Paul Magee, VeCommerce Managing Director. I continue to be very proud of every member of the VeCommerce team and this award, once again, goes some way to publicly recognising the dedication and sheer effort they have put in.
The Deloitte Technology Fast 50 ranks the fifty fastest growing technology companies in Australia, public or private, based on percentage revenue growth over three years (2000 to 2002). Deloitte presented the awards at a Gala Dinner in Sydney.
"Making the Deloitte Technology Fast 50 is an impressive accomplishment, particularly in uncertain economic times, and we at Deloitte Touche Tohmatsu congratulate VeCommerce for attaining this honour," said Ian Thatcher, Leader of the Deloitte Technology Fast 50 program.
About VeCommerce the future is hear
VeCommerce Limited (ASX:VCM), is a global leader in the provision of natural language speech recognition (NLSR), speaker verification and voice enabled e-commerce solutions. VeCommerces core focus is to provide tailored business solutions, using the latest in communications and speech technologies, that allow callers to complete complicated but routine transactions or inquiries without the need to struggle with frustrating push button menus or having to wait for an available operator to answer their call.
VeCommerce can voice enable an organisations business systems and processes providing secure, easy to use and consistently available self-service facilities allowing customers to simply speak in a natural conversational tone over any telephone, significantly reducing the cost of each transaction.
VeCommerce clients around the world include: Suncorp Metway, Ladbrokes, ASX Perpetual, Pizza Hut, Motor Accidents Authority, Magna Entertainment, Auckland Co-op Taxis, the Ministry of Social Development (NZ) and 5 out of 6 TABs Australia wide.
More information about VeCommerce can be found by visiting the companys web site at www.vecommerce.com
About Deloitte Touche Tohmatsu
Deloitte Touche Tohmatsu is one of the worlds leading professional services organizations. The member firms of Deloitte Touche Tohmatsu deliver world-class assurance and advisory, tax, and consulting services. With more than 119,000 people in over 140 countries, the member firms serve over one-half of the worlds largest companies, as well as large national enterprises, public institutions, and successful, fast-growing global growth companies. Our internationally experienced professionals strive to deliver seamless, consistent services wherever our clients operate. Our mission is to help our clients and our people excel - www.deloitte.com.au