Clever Devices was ranked as one of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America on Deloitte’s Technology Fast 500.

"We are proud of this recognition, which we believe is a result of our relentless focus on customer satisfaction,” said Clever Devices President/CEO Frank Ingrassia. “More than 300 transit systems in North America use transit technology from Clever Devices, and, as their technology partner, our commitment is to provide them with the highest quality and most advanced products and services in the industry.”

“The 2013 Deloitte Technology Fast 500 companies are exemplary cases of those spurring growth in a tough market through innovation,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. “This year’s list is a who’s who of companies behind the most exciting and innovative products and services in the technology space.”

Overall, 2013 Technology Fast 500 companies achieved revenue growth ranging from 137% to 208,897% from 2008 to 2012, with an average growth of 2,600%.