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April 12, 2007
For Immediate Release Global Recruiters Network Parent Company RFB Holdings, Inc. Makes Deloitte’s 2006 Technology Fast 500 List. Downers Grove IL, Apr 12, 2007 GRN - Global Recruiters® parent company RFB Holdings, Inc. today announced it was named a Rising Star on Deloitte’s 2006 Technology Fast 500. A special category, the Rising Star list ranks the top 25 companies that have been in business three to five years. They are chosen based on percentage revenue growth. Over a three year period, Global Recruiters Network’s parent RFB Holdings, Inc. grew 111%. “It is exceptional for a young company to gain early traction in today’s highly competitive marketplace and especially to report such strong revenue growth,” said Tony Kern, deputy managing principal of Deloitte’s Technology, Media & Telecommunications industry practice. “It’s a credit to Global Recruiters Network’s leadership that they’ve managed to ramp up their business so quickly.” To qualify as a Fast 500 Rising Star, entrants must have had 2003 operating revenues of at least $50,000 USD or $75,000 CD, for the U.S. and Canada, respectively, and 2005 operating revenues of at least $5 million USD or CD. In addition, entrants must be headquartered in North America, and own proprietary technology or intellectual property that contributes to a significant portion of the company’s operating revenues, or devote a significant proportion of revenues to the research and development of technology. Using other companies’ technology or intellectual property does not qualify. “It is gratifying to be recognized for your hard work,” says CEO Brad Baiocchi. “Now our challenge is to keep the positive momentum going and exceed the high standards that we set last year.”
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