Monday, February 11, 2008

GFT Ranked as One of the Fastest Growing Companies in North America in Deloitte's 2007 Technology Fast 500

ADA, Mich., Oct. 23, 2007 — Global Forex Trading (GFT), a worldwide leader in online currency trading, announced today that it has been listed on Deloitte’s 2007 Technology Fast 500 for the third consecutive year.

GFT is listed as number 305 on the ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on five-year revenue growth percentages, from 2002 to 2006, during which time GFT grew 506 percent. GFT previously ranked 16th on Deloitte’s 2005 Technology Fast 500, and 238th in 2006.

By diversifying its products, adding new emerging markets and developing new software, GFT has continued to grow while many other companies in the state have stagnated. Only 8 percent of companies on the 2007 Technology Fast 500 are based in the Midwest, and GFT is one of only four Michigan-based companies. GFT had the highest 2006 revenue of all Michigan-based companies on the list, and the highest revenue of all listed companies within the forex industry.

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