SEATTLE, Sept. 29 /PRNewswire-FirstCall/ -- Onvia (http://www.onvia.com/fp/Default.aspx) has been named to Deloitte's prestigious Technology Fast 50 program for Washington State, a ranking of the 50 fastest growing technology, media, telecommunications, and life sciences companies in the area. Rankings are based on percentage of revenue growth over five years from 2003-2007.

Mike Pickett, Onvia CEO, attributes Onvia's 109.47 percent revenue growth over the past five years to the company's ability to continually deliver the most complete and relevant information about active projects and buyers -- information tailored to the needs of each client and the markets they serve.

"Our clients rely on Onvia to provide the information they need to identify prime opportunities (https://www.onvia.com/demo/fp/demo.aspx?WT.mc_id=onviawebsiteOPC&path=OPC) and position themselves to win business in markets such as government, education and healthcare," said Pickett. "And Onvia has proven to be an invaluable service for our clients as they face a down market where prospects are scarce and resources are tight."

In June, Onvia was named to the Northwest 100 (http://media.onvia.com/?p=186), the Seattle Times 2008 ranking of top performing Northwest businesses. Onvia was also named a 2008 Model of Excellence (http://media.onvia.com/?p=185) award winner by information industry experts InfoCommerce Group for its "true sales intelligence." Earlier this year, the company was also a finalist in the Software & Information Industry Association's (SIIA) 2008 CODiE Awards for Best Online Directory & Business Leads Service (http://media.onvia.com/?p=172).

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2003 and $5,000,000 in 2007, be headquartered in North America, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify.

Companies from the regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte's Technology Fast 500 program, which ranks North America's top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit http://www.fast500.com.

About Onvia

Onvia (http://www.onvia.com/fp/Default.aspx) (Nasdaq: ONVI) helps businesses achieve a competitive advantage by delivering timely and actionable information on pending projects, sales leads and key business contacts. More than 8,100 clients across the United States rely on Onvia as a comprehensive resource for industry-specific information needed to plan, market and sell effectively. Onvia offers unparalleled coverage of government purchasing activity in addition to commercial and residential projects in development. Onvia was founded in 1996 and is headquartered in Seattle, Washington.

About Deloitte

As used in this document, "Deloitte" means Deloitte LLP and Deloitte Services LP, a subsidiary of Deloitte LLP. Please see http://www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

SOURCE Onvia