Friday, December 05, 2008

Ubisense Ranked No. 3 Fastest Growing Technology Company in Europe in the 2008 Deloitte Technology Fast 500

Ubisense, the Precise Real-Time Location company, took 3rd place in the prestigious fasting growing technology company in the 2008 Deloitte Technology Fast 500 EMEA.

Cambridge, UK, Dec 1st 2008 — Ubisense today announced that it had won 3rd place in the 2008 Deloitte Technology Fast 500 EMEA, a ranking of the 500 fastest growing technology companies in the EMEA region. Rankings are based on percentage revenue growth over five years and Ubisense grew 15324 percent during this period.

Ubisense’s CEO, Richard Green stated “We attribute this strong growth to many factors, including our unique ability to help our customers achieve rapid ROIs using our Precise Real-Time Location System. Coupled with our incredibly talented implementation teams this means that we can have customers systems up and running in mission critical environments in record time. The greatest demand we see for our products is from the world’s leading manufacturers who demand robust, reliable systems that run over standard networks.”

“Because Deloitte Technology Fast 500 EMEA measures sustained revenue growth over five years, being one of the 500 fastest growing technology companies in EMEA is an impressive achievement,” said Karel Bakkes, partner in charge of Deloitte’s Technology Fast 500 EMEA program. ”Ubisense deserves a lot of credit for its remarkable growth.”

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