Adaptik Recognized as Fastest Growing Company on Deloitte’s 2011 Greater Philadelphia Fast 50
Bethlehem, Pa – October 19, 2011 – Adaptik Corporation today announced it ranked 19 on Deloitte’s 2011 Greater Philadelphia Fast 50 ranking of the 50 fastest growing technology, media, telecommunications, life sciences and clean technology companies in the Greater Philadelphia region. Adaptik grew 157 percent during this period.
Adaptik’s President and CEO, John Pettit, credits employee dedication and PolicyWriter’s award winning and patented technology with the company’s 157% revenue growth.
“We are proud to be recognized as one of the fastest growing companies in the Greater Philadelphia Region and congratulate the other 49 award recipients on their success,” said John Pettit, President and CEO of Adaptik Corporation. “This award is a true testament to the dedication of our employees and PolicyWriter’s ability to meet and exceed the needs of personal, commercial, specialty and worker’s compensation insurers.”
“Adaptik Corporation, like all 2011 Greater Philadelphia Fast 50 companies, have excelled in fostering innovation and channeling it into spectacular growth — against the backdrop of one of the most a challenging economies in history,” said Tara L. Weiner, managing partner, Greater Philadelphia region, Deloitte LLP. “Deloitte recognizes Adaptik for its remarkable accomplishment.”
Adaptik previously ranked 16 as a Greater Philadelphia Fast 50 award winner for 2010, 9 for 2009 and 11 for 2008.
For details on the 2011 Greater Philadelphia Fast 50 including selection and qualifying criteria, visit http: www.deloitte.com/us/phillyfast50
About Adaptik Corporation
Adaptik, the creator of PolicyWriter, develops highly adaptive policy administration software solutions that are designed to improve speed-to-market for new products and scale to support large numbers of users and high transaction volumes. Adaptik provides P&C insurers with advanced business functionality while substantially lowering the risks and costs associated with policy administration system replacement and maintenance. For additional information on how PolicyWriter can help transform your business or to watch a short demonstration please visit http://www.adaptik.com/.