|[February 07, 2013]
Mutual Mobile Named to Forbes' List of America's Most Promising Companies
AUSTIN, Texas --(Business Wire)--
Mutual Mobile today announced it has been named to Forbes' annual list
of America's Most Promising Companies for the second consecutive year.
overall, Mutual Mobile landed a spot in Forbes' prestigious "Nifty
50," a short list of privately held, high-growth companies. In addition,
Mutual Mobile Founder and CEO John Arrow was named one
of America's Most Promising CEOs Under 35, an honor given to the
young business chiefs running dynamic, high-growth enterprises with
bright prospects for the future.
Mutual Mobile was one of only five other Texas-based companies to make
the Most Promising list, and the only one from Austin to make the top 50.
"Being named to Forbes' Most Promising Companies list for the second
year in a row is a huge honor that validates our ongoing commitment to
product innovation and thought leadership in the mobile industry," said Arrow.
"I'm proud o work with such a talented, dedicated team delivering
world-class solutions to customers around the globe."
With more than 300 employees globally, Mutual Mobile continues to lead
the industry in delivering innovative mobile solutions for clients such
Jaguar Land Rover, Philips (News - Alert) and Xerox.
The company recently announced its fourth consecutive quarter of growth.
"Our experience with Mutual Mobile has been the best we have had working
with another software firm," said Terry McCabe, Chief Technology
Officer, Mavenir Systems (News - Alert). "They are more of a partner than a contract
development house. You get a group of people who become intimate with
your business, who understand what you want to achieve and who strive to
deliver the best. They are competent and fast moving, and have a great
future ahead of them."
For the Most Promising Companies list, Forbes strove for a holistic
gauge of young, privately-held companies, trying to pin down their
trajectories by looking at a slew of variables. Over the course of six
months Forbes reviewed thousands of applications. Forbes turned to CB
Insights, a Manhattan-based data research firm that specializes in
assessing private companies, to refine the search. The final assessment
is based on growth (both in sales and hiring), quality of management
team and investors, margins, market size and key partnerships. After
verifying sales numbers, speaking with each company and debating their
merits and blemishes, Forbes produces a final ranking.
About Mutual Mobile
Mutual Mobile creates rich user experiences that reinvent how businesses
engage the world through mobile. Combining deep design, development and
domain expertise, Mutual Mobile's custom software solutions allow
clients to connect people, processes and data, from the back office to
the point of sale, and everywhere in between. Mutual Mobile works with
the world's leading brands - including Audi, Cisco (News - Alert), Google and Philips -
to uncover new revenue opportunities and increase the lifetime value of
mobile through continuous innovation and measurement. For more
information, visit: http://www.mutualmobile.com.
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