Makers of #1 best-selling System Mechanic® software recognized with the Stevie® Award at 7th Annual American Business Awards(SM)
LOS ANGELES, CA – July 1, 2009 – iolo technologies has been officially named as the fastest-growing U.S. company of 2009 with up to 2500 employees, any business category, public or private. Coming just one day before iolo’s 11th anniversary, this prestigious national recognition by the American Business Awards highlights iolo’s revenue growth, international expansion, technological innovation, corporate responsibility campaigns, operational development and consistent profitability.
During its 11 years of operation, iolo has successfully established a new technology category – PC tune-up software – and taken on some of the largest consumer software companies to ultimately assert itself as the worldwide leader. The company now commands 66 percent of the PC tune-up market in the US and 75 percent in Canada, according to NPD. Privately held, 100 percent self-funded, debt-free, and profitable since inception, iolo has been one of the fastest growing companies in the Southern California region for over ten years now, consistently ranking on Deloitte Fast 50 list of the fastest growing companies every year from 2004-2007.
In winning the Stevie Award, iolo technologies overcame formidable competition from 12 other finalists and hundreds of initial entries from companies both public and private, with and without outside capital and funding, and from all industries, regions and sizes. Any company with fewer than 2,500 employees was eligible for the honor, and more than 200 prominent executives across the country participated in the judging process to determine the Finalists and Stevie Award winners.
“From two employees and a few hundred dollars in savings to the #1 fastest growing American company of 2009 and the #1 PC tune-up software company in the world, it has been an amazing 11 years and the Stevie Award truly crowns our efforts,” said Noah Rowles, CEO, who was also named as a top-ten finalist in the Executive of the Year award category. “In a time when most companies are scaling down and hoping to weather 2009’s economic turmoil, iolo continues its explosive trajectory. The lion’s share of the credit for that growth must go to the incredibly gifted team I’ve been fortunate to work with, with their relentless focus on technological innovation and customer satisfaction, as well as to the loyalty of our 22 million customers worldwide, some of whom have been using our products since the company was founded 11 years ago.”
Stevie Awards were bestowed in more than 40 categories including Fastest Growing Company of the Year, Executive of the Year, Corporate Social Responsibility Program of the Year, and others. More than 2,600 nominations from companies of all sizes and in virtually every industry were submitted for consideration.
The awards were presented during ceremonies at the Marriott Marquis Hotel in New York City on June 22, 2009. The ceremonies were hosted by Cheryl Casone of Fox Business Network and broadcast nationwide on radio by the Business TalkRadio Network.
Details about The American Business Awards and the list of Finalists and Stevie Award winners are available at www.stevieawards.com/aba.
About iolo technologies
iolo technologies, LLC, a privately held firm founded in 1998 and headquartered in Los Angeles with offices worldwide, produces award-winning software that repairs, optimizes, and protects Windows computers. The iolo product line includes System Mechanic®, the #1 best-selling PC tune-up software; System Mechanic Professional®, an all-in-one suite of both PC tune-up and security tools; Search and Recover™, a powerful data recovery tool for retrieving deleted files and photos; DriveScrubber®, the #1 best-selling utility for permanently erasing data from hard drives; as well as System Shield®, iolo AntiVirus™ and iolo Personal Firewall™, Internet security software. For more information see www.iolo.com.
About The Stevie Awards
Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, The Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Honoring companies of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about The Stevie Awards at http://www.stevieawards.com/.
Supporting sponsors of The 2009 American Business Awards include High Performance Technologies Inc., John Hancock, LifeLock, RCN Corporation, Softpro, and Ultimate Software. Media sponsor is the Business TalkRadio Network. Localization partner of the 2009 Stevie Awards is Lionbridge.