Auckland, NZ / December 15 2009 — Auckland-based software developer Sonar6’s 704% revenue growth over the past three years has seen the company earn a place among the Asia Pacific region’s 50 fastest-growing technology companies.
The Deloitte Fast 500 Program recognizes those technology companies with the fastest rates of annual revenue growth from 2006 to 2008. At number 40, Sonar6 came in third out of 51 New Zealand companies named in this year’s list.
Sonar6 CEO John Holt says the top-50 placing reflects the company’s continued commitment to delivering the world’s most usable employee performance management software.
“It’s fantastic to be recognized in this year’s list. Sonar6’s phenomenal growth has been both exciting and challenging, and our ongoing success is a great testament to the team’s hard work over the past few years.”
Sonar6 has doubled its client base over the past year; adding an average of a new customer a day in the last several months. Holt says the potentially risky decision to expand globally during the recession has paid off for the company.
“Sonar6 is flourishing in the global arena, enabling a huge range of organizations to improve business results and resilience through employee performance management.
“Most promisingly, our 2010 forecast shows excellent opportunities to continue this rate of growth and to build on our success in the USA and Australasia.”
Sonar6 is currently offering a free 30 day trial of its latest performance review software release. For more details, visit www.sonar6.com.
About Sonar6:
Based in Auckland, NZ and San Francisco, CA, Sonar6 has provided online performance management and succession planning solutions to companies around the world since 2004. Sonar6’s stunning graphics-based approach to performance reviews has won numerous awards and plaudits including the Gartner Cool Vendor and being listed in HR Executive’s Top Ten HR Products.
For further information, please contact
Michael Carden
Head of Experience, Sonar6
mcarden(at)sonar6.com
This press release was distributed through PR Web by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company
listed above.