Priceline.com said today that it will be recognized on October 22nd by the Connecticut Technology Council and UHY LLP as a UHY LLP Tech Top 40 company for 2009. The list of 40 tech companies celebrates the fastest-growing technology companies in the state. Priceline.com was recognized in the category reserved for New Media/Internet/Telecom companies. The recognition event will be held this Thursday evening in Wallingford.
The Connecticut Technology Council and UHY LLP compile the winners list based on revenue growth over the last four years. In priceline.com’s case, the company has grown its revenues from $962.7 million in 2005 to $1.9 billion in 2008.
“More than 10 years ago, priceline.com chose Connecticut as its base from which to launch a new business venture that would simultaneously provide travel suppliers with an effective sales channel for their products and give consumers a new way to find and book the best travel deals available anywhere,” said priceline.com President and Chief Executive Officer Jeffery H. Boyd. “In that decade, we have expanded beyond these shores to make priceline.com the 2nd largest online hotel reservation service globally. Our success is in large part due to the high caliber of talent and resources resident in Connecticut. We are deeply honored to be recognized among this year’s UHY LLP Tech Top 40.”