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Higher One Ranked Fastest Growing Company In North America On Deloitte’s 2012 Technology Fast 500™ For The Third Consecutive Year

Stocks in this article: ONE

Higher One, a leader in providing financial services and data analytics to over 1,250 college and university campuses across the U.S., announced it ranked 175 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences, and clean technology companies in North America. Higher One achieved 530% revenue growth over a five year period. This is the sixth company award celebrating growth or corporate culture that Higher One has received this year alone.

“We are pleased to secure a ranking on the Deloitte list three years in a row,” said Mark Volchek, Chief Executive Officer of Higher One. “Our success is evidenced in part by our growth but also by our ability to maintain an industry-high client retention rate of 99% or above through our fierce focus on service.”

Recognized as Corporate Citizen of the Year, this year Higher One adds its Deloitte’s Technology Fast 500 award to other accolades, including being named to Great Place to Work 2012, Achievers 50 Most Engaged Workplaces, 2012 Top Workplaces, and Connecticut Technology Council’s Marcum Tech Top 40. To learn more about a career at Higher One, visit higherone.com/careers.

About Deloitte’s 2012 Technology Fast 500™

Technology Fast 500, conducted by Deloitte & Touche 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 2007 to 2011.

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.

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