Message #22 From:
Stock News Bot Date: October 3, 2006 06:30:00 AM
LINN News LION, Inc. Named one of Pacific Northwest's 50 Fastest Growing Technology Companies
SEATTLE, WA--(BUSINESS WIRE)--LION, Inc. (OTCBB:LINN), a leading provider of online lead
generation and advanced business solutions that streamline the mortgage
fulfillment process, today announced that it has been named to Deloitte
& Touch’s prestigious 2006 Technology Fast
50 Program for the Pacific Northwest. This marks the third consecutive
year that LION has been recognized amongst the region’s
fastest growing technology companies. Rankings are based on percentage
revenue growth over the five year period from 2001-2005.
“We are pleased to be recognized as one of
Pacific Northwest’s Technology Fast 50 growth
companies,” stated Randall D. Miles, Chairman
& CEO of LION, Inc. “The 163% growth in
revenue reported by LION over the 5 year measurement period placed us at
number 24 in this year’s rankings, up from
number 29 last year. LION has built an industry leading Internet-based
lead generation and mortgage solutions platform that connects the
approximately 1 million unique visitors that access our Mortgage101.com
consumer Internet portal every month with our large network of mortgage
brokers, realtors and lenders.”
“Deloitte’s
Pacific Northwest Technology Fast 50 companies have shown the strength,
vision and tenacity to succeed in today’s
very competitive technology environment,”
said Larry Hile, a Partner in Deloitte’s
Technology, Media & Telecommunications (TMT) industry practice based in
Seattle. We commend LION, Inc. for making the commitment to technology
and delivering on the promise of market longevity. We are proud to honor
LION, Inc. as a Deloitte Technology Fast 50 winner.”
To qualify for the Technology Fast 50, companies must have had operating
revenues of at least $50,000 in 2001 and $5,000,000 in 2005, be
headquartered in North America, and be a company that owns proprietary
technology or proprietary intellectual property that contributes to a
significant portion of the company’s
operating revenues; or devotes a significant proportion of revenues to
the research and development of technology. Using other companies’
technology or intellectual property in a unique way does not qualify.
Winners of the 16 regional Technology Fast 50 programs in the United
States and Canada are automatically entered in Deloitte’s
Technology Fast 500 program, which ranks North America’s
top 500 fastest growing technology, media, telecommunications and life
sciences companies. For more information on Deloitte’s
Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.
LION, Inc. is a leading online mortgage lead generator that also
provides advanced business solutions that streamline the mortgage loan
fulfillment process in the over $2.5 trillion mortgage industry. From Leads
to Loans to Capital Markets, LION offers consistent, seamless
business solutions to consumers, brokers, realtors, originators and
lenders. LION provides an integrated technology platform offering online
loan productivity, mortgage pipeline hedging and risk management,
software development and data communication tools. LION’s
business to consumer Internet portal, Mortgage101.com, attracts over 1
million unique visitors, delivering access to LION’s
extensive proprietary network of mortgage brokers, realtors and lenders.
Through its subsidiary, Tuttle Risk Management Services LLC, LION
provides hands-on mortgage pipeline risk management for financial
institutions that originate and then sell loans into the secondary
market. LION has offices in Washington, California and Colorado and has
been named by Deloitte & Touche LLP as one of the 50 fastest growing
technology companies in the Pacific Northwest for the last 3 years. For
more information about LION, please visit www.lioninc.com
About Deloitte
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Verein, its member firms and their respective subsidiaries and
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independent legal entity operating under the names “Deloitte”,
“Deloitte & Touche”,
“Deloitte Touche Tohmatsu”
or other related names. Services are provided by the member firms or
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Deloitte & Touche USA LLP is the US member firm of Deloitte Touche
Tohmatsu. In the US, services are provided by the subsidiaries of
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LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and
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