Additech named to Deloitte’s 2011 Technology Fast 500™

Houston, Texas, (January 9, 2012) - Additech (www.additech.com), developer and operator of at-the-gas-pump additive and interactive merchandising systems, has been named to Deloitte’s 2011 Technology Fast 500™. This is the third consecutive year that Additech has earned this prestigious ranking. Additech is one of only four Houston, Texas-based companies to be included in the 2011 ranking.

The Technology Fast 500™ ranks 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Fast 500 companies are large, small, public, and private firms that deliver technological innovation, entrepreneurship and rapid growth. Many of these companies are on the cutting edge and are transforming business today. Rankings are based on percentage of fiscal year revenue growth during the period from 2006–2010.

Additech’s President and Chief Executive Officer, Bolling H. (Bo) Sasnett, III says, ” We are honored to be ranked on Deloitte’s 2011 Technology Fast 500 list for the third straight year. This past year we have delivered over three million additive treatments to consumers as well as digital media content and Amber Alerts at our retail partner locations. This ranking reflects the dedication, hard work and vision of all of our employees and partners.” 

About Additech, Inc.

Additech, Inc., headquartered in Houston, Texas, is the leading outsourced operator of at-the-pump additive and interactive merchandising systems in North America. Additech’s patented systems, installed on over 4,000 fueling positions, enable fuel retailers to merchandise a variety of products and services to consumers right at the gas pump. The company’s technology seamlessly integrates with fuel dispensers and point-of-sale systems to offer retailers a complete merchandising solution. Additech offers its solutions to fuel retailers on a turnkey services basis, meaning that Additech manufactures, installs, operates, and maintains its equipment on behalf of fuel retailers. Retailers receive a share of Additech’s revenues, without having to make a capital investment, while Additech is responsible for operating and maintaining the systems. For more information about Additech and its retailer programs please visit additech.com.

About Deloitte’s 2011 Technology Fast 500™

Technology Fast 500, which was conducted by Deloitte & Touche LLP, a subsidiary of Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private - in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2006 to 2010. In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.

Media Contact

Veena Peña, Marketing Department, Additech, Inc., 800-243-2941, vpena@additech.com