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Akamai Ranked No. 1 in the Boston Globe's Annual Globe 100 List of Best-Performing Businesses in Massachusetts
Akamai Technologies, Inc. (NASDAQ: AKAM), the leading global service provider for accelerating content and business processes online, today announced it placed number one on The Boston Globe's annual Globe 100 list, ranking the best-performing, Massachusetts-based publicly traded corporations by how well they increased sales, profits, and returns for shareholders during 2005.
With total revenue for 2005 of $283.1 million, a 35 percent increase over 2004, Akamai's one-year change in revenue ranked among the top for publicly held companies in Massachusetts. According to the metrics developed by Standard & Poors for The Globe 100, Akamai increased its profit margin 608 percent last year, and the Company's 131.7 percent return on average equity was the highest return of any company on The Globe 100 list.
"We are honored to receive this recognition of the significant progress that Akamai has made to build a world-class business, especially in light of the strength and success of so many leading companies with headquarters in Massachusetts," said Paul Sagan, Akamai President and CEO. "Akamai's tremendous growth, marked by an outstanding 2005, is a reflection of the hard work and dedication of our employees worldwide, and the vision we share with our customers and partners to make the Internet a more effective and efficient place for conducting business."
Akamai® is the leading global service provider for accelerating content and business processes online. Thousands of organizations have formed trusted relationships with Akamai, improving their revenue and reducing costs by maximizing the performance of their online businesses. Leveraging the Akamai EdgePlatform, these organizations gain business advantage today, and have the foundation for the emerging Web solutions of tomorrow. Akamai is "The Trusted Choice for Online Business." For more information, visit www.akamai.com.
Akamai Statement Under the Private Securities Litigation Reform Act
The release contains information about future expectations, plans and prospects of Akamai's management that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, stock price volatility, declines in market capitalization, the effects of any attempts to intentionally disrupt our services or network by unauthorized users or others, failure to have available sufficient transmission or server capacity, a failure of Akamai's services or network infrastructure and other factors that are discussed in the Company's Annual Report on Form 10-K, quarterly reports on Form 10-Q, and other documents periodically filed with the SEC.