PORTLAND, Ore., October 22, 2004 — Vesta Corporation, the leader in financial services and technology solutions for prepaid products, announced today its inclusion on both the 2004 Inc. 500: America's Fastest-Growing Private Companies and 2004 Deloitte Technology Fast 500 lists. In addition, Vesta was ranked No. 1 in Inc.'s "Top 25 Companies by Revenue" category. This marks Vesta's fourth year on the Inc. list.
Financial services provider Deloitte & Touche ranked Vesta at number 123 of the 2004 Deloitte Technology Fast 500 list. This year's position reflects Vesta's percentage of revenue growth from 1999-2003 and is the company's third appearance on Deloitte's ranking of the 500 fastest growing technology companies in North America.
"Vesta's ongoing mission has been to deliver the most effective, efficient and secure solutions for our partners," said Doug Fieldhouse, president and CEO of Vesta Corporation. "Being recognized once again by Inc. and Deloitte and Touche validates the hard work and dedication of our team."
Headquartered in Portland, Ore., Vesta is the leader in stored value recharge services. Uniquely suited to stimulate customer loyalty in the telecom, financial services and retail industries, Vesta's solutions are designed to support credit card-not-present (CNP) transactions requiring real-time customer authentication and account recharge. For over seven years, the Company's proprietary recharge and authentication technologies have maximized revenue and provided secure, convenient account recharge services for customers of AT&T Long Distance, Cingular, American Airlines, Citibank, AT&T Wireless, and others. Vesta has been ranked as one of America's fastest growing private technology companies by Inc, Fast Company, and Deloitte and Touche, and was recognized by the ComputerWorld Honors Program for technological advancements. For more information on Vesta Corp. email info@trustvesta.com.
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