[md]San Francisco and Toronto, November 14, 2012 — [Achievers](/), the leader in [employee recognition](https://www.achievers.com/solutions/employee-recognition) and rewards software, is proud to be named one of the fastest growing tech companies on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology companies in North America. Achievers grew nearly 400% during this period.
“Achievers is honored to be named as a fastest growing tech company,” says Razor Suleman, founder and chairman of Achievers. “This recognition proves that our commitment to building innovative software and investing in our employees is a recipe for business success. Maintaining this focus, we anticipate the same rapid growth and expansion in the coming years.”
“The 2012 Technology Fast 500™ winners are true leaders who leverage their entrepreneurship and technological innovation to achieve strong growth,” said Richard Lee, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte. “Their commitment and leadership continue to transform the technology sector.”
##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.