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Webs.com Ranks Number Five in Deloitte's Technology Fast 50 Program for the Greater Washington Region

Webs.com has been named to Deloitte's prestigious Technology Fast 50 Program for the Greater Washington region, a ranking of the 50 fastest growing technology, media, telecommunications, and life sciences companies in the area by Deloitte & Touche USA LLP, one of the nation's leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2003-2007.

Webs.com CEO Haroon Mokhtarzada credits the organization's tenure in the industry and their site builder's ease of use with the company's 1000 percent revenue growth from 2003-2007.

"Webs.com is the social media giant that everyone knows but commonly takes for granted," said Mokhtarzada. "We have 20,000 new user signups every day but I still receive reactions of disbelief and awe when I disclose that 30 million unique people visit Webs.com sites per month."

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2003 and $5,000,000 in 2007, be headquartered in the Greater Washington region 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.

Companies from the nine 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.

About Webs.com

Launched in 2001 by the Mokhtarzada brothers, Webs.com (Freewebs) had a simple mission -- to create a website building service easy enough for their mother to use. Five years and millions of websites later, Webs.com received its Series A funding from Novak Biddle Venture Partners and Columbia Capital in August 2006. In 2008, Webs.com added popular social media applications like photo and video galleries, Web stores, calendars and a widget bank to enable users to further customize their sites. Webs.com, located in Silver Spring, MD, now boasts 20 thousand user signups a day and over 30 million unique visitors to their sites each month. For more information, visit www.Webs.com.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and 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 their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.

Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.

Original Article URL: http://www.marketwire.com/press-release/WebsCom-903934.html