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Voltaire Ranked No. 19 Fastest Growing Company on Deloitte Technology Fast 500 EMEA 2008


Published on 2008-12-22 07:11:54, Last Modified on 2009-11-02 16:21:20 - Market Wire
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BILLERICA, Mass. & HERZLIYA, Israel--([ BUSINESS WIRE ])--Voltaire Ltd. (NASDAQ: VOLT), a leading provider of grid backbone solutions for data centers, has been named to the Deloitte Technology Fast 500 EMEA 2008, a ranking of the 500 fastest growing technology companies in Europe, the Middle East and Africa. Rankings are based on percentage revenue growth over five years, from 2003–2007. Voltaire's 4,405% growth rate during this period resulted in a 19 ranking in the 2008 Deloitte Technology Fast 500 EMEA.

"This is the second year in a row that Deloitte has recognized Voltaire as a high growth company," said Ronnie Kenneth, Chairman and CEO, Voltaire. "Our fast and steady growth represents the increasing number of customers who rely on Voltaire switches and software to improve the performance of their applications and increase the efficiency and manageability of their data centers."

"Being one of the 500 fastest growing technology companies in EMEA is an impressive accomplishment. We commend Voltaire for making the Deloitte Technology Fast 500 EMEA with a phenomenal 4,405% growth rate over five years," said Karel Bakkes, partner in charge of Deloitte's Technology Fast 500 EMEA program.

In addition to ranking on Deloitte's Technology Fast 500, Voltaire placed no. 2 on the Israel Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in Israel.

Additional information on the Deloitte Technology Fast 500 EMEA program is available at [ http://www.fast500europe.com/ ].

About Voltaire

Voltaire (NASDAQ: VOLT) designs and develops server and storage switching and software solutions that enable high-performance grid computing within the data center. Voltaire refers to its server and storage switching and software solutions as the Voltaire Grid Backbone. Voltaire's products leverage InfiniBand technology and include director-class switches, multi-service switches, fixed-port configuration switches, Ethernet and Fibre Channel routers and standards-based driver and management software. Voltaire's solutions have been sold to a wide range of end customers including governmental, research and educational organizations, as well as market-leading enterprises in the manufacturing, oil and gas, entertainment, life sciences and financial services industries.

Founded in 1997, Voltaire Ltd. is headquartered in Herzliya, Israel, and has its U.S. headquarters in Billerica, Massachusetts. More information about Voltaire is available at [ www.voltaire.com ] or by calling 1-800-865-8247.

Forward Looking Statements

Information provided in this press release may contain statements relating to current expectations, estimates, forecasts and projections about future events that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally relate to Voltaire's plans, objectives and expectations for future operations and are based upon management's current estimates and projections of future results or trends. They also include third-party projections regarding expected industry growth rates. Actual future results may differ materially from those projected as a result of certain risks and uncertainties. These factors include, but are not limited to, those discussed under the heading "Risk Factors" in Voltaire's annual report on Form 20-F filed with the Securities and Exchange Commission on May 5, 2008. These forward-looking statements are made only as of the date hereof, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

All product and company names mentioned herein may be the trademarks of their respective owners.

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