Ritz
Interactive Named to Deloitte's Technology Fast 50 Growth
Companies in Orange County
Attributes
Customer-Centric Business Approach and Expanded Product
Assortment to its 90.8 Percent Revenue Growth
IRVINE,
CA, October 18, 2007 — Ritz Interactive,
Inc. has been named to Deloitte's prestigious Technology
Fast 50 Program for Orange County, 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 2002–2006.
Ritz
Interactive's president and CEO, Fred H. Lerner credits
the company's 90.8 percent revenue growth from 2002–2006
to an expanded assortment of high-end digital cameras
and consumer electronics, an emphasis on customer service
and the popularity of online shopping. “We offer
our valued customers a wide assortment of lifestyle products
ranging from digital cameras, photographic accessories
and plasma TVs, to boating and fishing equipment and golf
apparel. It’s all about customer service, competitive
prices and online shopping convenience,” Lerner
said.
To
qualify for the Technology Fast 50, companies must have
had operating revenues of at least $50,000 in 2002 and
$5,000,000 in 2006, 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.
Companies
from 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.
About
Ritz Interactive, Inc.
Ritz Interactive is an award-winning, specialty online
and e-commerce service provider that operates a network
of websites offering high quality, branded lifestyle products.
Since its inception in Irvine, California in 1999, the
company has become a leader in providing a full array
of photographic and digital cameras, consumer electronics,
and marine, boating and fishing products at competitive
prices for online shoppers. Ritz Interactive’s leading
photo-specialty e-commerce websites are RitzCamera.com
and WolfCamera.com, while the company’s leading
marine e-commerce website is BoatersWorld.com. Each of
the individually branded and marketed websites offers
a broad and deep selection of competitively priced products
and brings an established brick-and-mortar reputation
to the company’s e-commerce platform.
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.
Contact:
Andre Brysha, Ritz Interactive, Inc.
Tel: 949-442-0205
Fax: 949-442-0210
E-Mail: brysha@ritzinteractive.com
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