Contact: Scott Boucher
Corporate Communications Manager
Deloitte & Touche Ranks Vesta Corp 88th Fastest Growing Tech
Company in America
The market leader in prepaid payment processing achieves stellar growth.
Portland, OR—Vesta Corporation has been recognized for its exceptional growth and progress by Deloitte
& Touche. Vesta is the 88th fastest growing technology company in North America and one of five
Oregon-based companies to make this year’s Fast 500, a listing of the fastest growing technology
companies in North America. Ranking for the Fast 500 is based on percentage growth in revenue over a
five-year period (1996–2000).
Vesta joins the ranks of companies such as eBay, Yahoo!, InfoSpace, VeriSign, and McAfee.com in
bucking the trend of a weak technology marketplace and continuing to grow during the recent economic
“The challenge of sustaining growth for five years cannot be overstated, especially in these challenging
economic times. It’s exciting to see companies like Vesta who, through adaptation and innovation, manage
to sustain incredible rates of growth,” said Todd Lindsey, the leader of Deloitte & Touche’s technology,
media and telecommunications practice in Portland, Oregon.
Vesta, the leader in stored-value sales and recharge, has been able to successfully adapt to changing market
conditions and develop innovative ways to combine emerging technologies with stored-value products.
Vesta has developed a niche by providing the customer authentication, payment processing, fraud
management and customer service for end users who wished to recharge their prepaid long distance phone
The niche has turned out to be a profitable one, as Vesta’s financials clearly show. The company has seen
its revenue increase by 6,580% in the years from 1996 to 2000. A privately held company, Vesta has been
able to prosper in the current challenging economic environment. The slowing economy is ac