Science & Technology
Science and Technology
Science and Technology
Wed, December 3, 2008
Commtouch in Top 50 Fastest Growing EMEA Technology Companies
SUNNYVALE, Calif.--([ BUSINESS WIRE ])--Commtouch® (NASDAQ:CTCH) today announced that it is ranked Number 32 on the Deloitte Technology Fast 500 EMEA 2008, a rating of the 500 fastest growing technology companies in Europe, the Middle East and Africa. Rankings are based on percentage revenue growth over five years (2002-2007); Commtouch grew 3,319 percent during this period.
Commtouch CEO Gideon Mantel attributes the company's exceptional revenue growth to its consistent focus on meeting the needs of its expanding OEM partner base, together with its pioneering of advanced security technologies. He said, "We have consistently anticipated the market demands for dynamic, real-time security services and introduced sophisticated technology to meet the sophisticated threats."
"Achieving sustained revenue growth of 3,319 percent over five years is a tremendous achievement," said Karel Bakkes, partner in charge of Deloitte's Technology Fast 500 EMEA program. "Commtouch's phenomenal growth puts it in select company."
In addition to Deloitte's Technology Fast 500, Commtouch placed seventh on the Israel Technology Fast 50, a ranking of the 50 fastest growing technology firms in Israel.
Overall, companies that ranked on the Technology Fast 500 EMEA 2008 program had an average growth rate of 1,297 percent.
Technology Fast 500 EMEA selection and qualifications
The Technology Fast 500 list is compiled from Deloitte's EMEA Technology Fast 50 programs, nominations submitted directly to the Fast 500 and public company database research. To qualify for the Fast 500, entrants must have had 2003 operating revenues of at least €50,000 and 2006 operating revenues of at least €800,000.
Entrants must also be public or private companies headquartered in EMEA 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.
About Commtouch
Commtouch® (NASDAQ:CTCH) is the source of proven messaging and web security technology for scores of security companies and service providers, founded on a unique datacenter-based approach. Commtouch's expertise in building efficient, massive-scale security services has resulted in its patented technology being used to mitigate Internet threats for thousands of organizations and hundreds of millions of users in over 100 countries. Commtouch's Global Detection Centers automatically analyze billions of transactions in real-time to identify new spam, malware and zombie outbreaks as they are initiated. Commtouch's unmatched suite of security offerings work together in a comprehensive feedback loop. Commtouch was founded in 1991, is headquartered in Netanya, Israel, and has a subsidiary in Sunnyvale, Calif. For more information and real-time statistics and trends, see: [ http://www.commtouch.com ] and the Commtouch Café blog at [ http://blog.commtouch.com/cafe ].
Recurrent Pattern Detection, RPD, Zero-Hour and GlobalView are trademarks, and Commtouch is a registered trademark, of Commtouch Software Ltd. U.S. Patent No. 6,330,590 is owned by Commtouch.
About Deloitte
"Deloitte" is the brand under which tens of thousands of dedicated professionals in independent firms throughout the world collaborate to provide audit, consulting, financial advisory, risk management and tax services to selected clients. These firms are members of Deloitte Touche Tohmatsu, a Swiss Verein ("DTT"). Each member firm provides services in a particular geographic area and is subject to the laws and professional regulations of the particular country or countries in which it operates. DTT helps coordinate the activities of the member firms but does not itself provide services to clients. DTT and the member firms are separate and distinct legal entities, which cannot obligate the other entities. DTT and each DTT member firm are only liable for their own acts or omissions, and not those of each other. Each DTT Member Firm is structured differently in accordance with national laws, regulations, customary practice and other factors, and may secure the provision of professional services in their territories through subsidiaries, affiliates and/or other entities.
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, and its network of member firms, each of which is a legally separate and independent entity. Please see [ www.deloitte.com/about ] for a detailed description of the legal structure of Deloitte Touche Tohmatsu and its Member Firms.
