SPHERE Technology Solutions Ranked Number 311 Fastest Growing Company in North America on Deloitte's 2016 Technology Fast 500

    JERSEY CITY, NJ, November 18, 2016 /24-7PressRelease/ -- SPHERE Technology Solutions, a woman owned cybersecurity firm, today announced it ranked No. 311 on Deloitte's Technology Fast 500 , a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. SPHERE grew 238 percent during this period.

SPHERE's Founder and President, Rita Gurevich, credits a growing business needs among companies to protect sensitive data, with the company's 238 % revenue growth. "When I started SPHERE back in 2009, it was to provide a solution to what I saw as being an under-serviced area. Because of the efforts by my dedicated team we continue to grow SPHERE, and it's a testament to that work that the organization continues to be recognized by organizations such as Deloitte for our efforts."

"Today, when every organization can be a tech company, the most effective businesses not only foster the courage to explore change, but also encourage creativity in using and applying existing assets in new ways, as resourcefully as possible," said Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications industry leader. "This ingenious approach to innovation calls for the encouragement of curiosity and collaboration both within and outside the office walls."

"This year's Fast 500 winners showcase that when organizations are open to diverse perspectives and insights, they are able to create an environment for their employees and customers to see the possibilities and ingenious solutions that might lie ahead," added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. "Entrepreneurial environments foster change and innovation within businesses, and we look forward to watching these companies continue to drive change across all sectors."

About Deloitte's 2016 Technology Fast 500
Deloitte's Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies - both public and private - in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2012 to 2015.

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, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.

As used in this document, "Deloitte" means Deloitte LLP and its subsidiaries. Please see http://www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

About SPHERE Technology Solutions
SPHERE Technology Solutions (www.sphereco.com) is an acknowledged leader in Cybersecurity solutions. Working with cutting edge technologies to provide concrete, business-relevant technology solutions as both project-based assignments and on-going managed services, along with strategic software sales and integration, SPHERE is one of the the fastest growing, woman-owned technology firm in New Jersey. Based in Jersey City, NJ with a global staff, SPHERE has been engaged by numerous Fortune 100 financial, pharmaceutical, transportation, insurance and manufacturing companies in the US and globally.

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