NOVEMBER 23, 2006
Deloitte Technology Fast 50 reveals IXEurope as London's 10th fastest growing technology company
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IXEurope, Europe's specialist datacenter services company, today announced that it ranked 10th in the 2006 Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in London region, putting the company in 77th place nationally.
The news of the ranking follows the very successful flotation of the company on the London Stock Exchange in April 2006.
“Being one of the fastest growing technology companies in the UK is an impressive accomplishment. We commend IXEurope for making the Deloitte Technology Fast 50 with a phenomenal 281% growth rate over five years,” said Simon Kerton-Johnson Deloitte Technology partner for the London Region.
IXEurope's CEO, Guy Willner, believes that the company's growth over the past six years is a testament to the fact that the company has been built on a sound business plan, an innovative yet considered strategy and the backing of a strong management team.
He said "Being recognised as the 10th fastest growing technology company in our region is a magnificent achievement for the team. IXEurope continues to grow at a faster rate than all other significant competitors in the European market and we are now the only quoted datacentre services company in Europe."
"The team has shown tremendous commitment to providing high levels of service to our customers and we are delighted that our dedication has paid off. Securing a place on these high profile league tables clearly demonstrates how IXEurope has remained dynamic and thrived."
Fast 50 Selection and Qualifications
The Fast 50 list is compiled from Deloitte’s nominations submitted directly to the Fast 50, and public company database research. To qualify for the Fast 50, entrants must have had 2001 operating revenues of at least 50,000 Euros. Deloitte researchers examined financial statements to validate operating revenues.
Entrants must also be public or private companies headquartered in a participating region of the UK and must be a “technology company,” defined as a company that owns proprietary technology 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 in a unique way does not qualify.
