Ranked as One of Fastest Growing Companies
AIX-EN-PROVENCE, France, November 25, 2011 – INSIDE Secure, a leader in semiconductor solutions for secure transactions and digital identity, today announced that it has been named as a winner of the Deloitte Technology Fast 500 EMEA awards, a ranking of the 500 fastest growing technology companies in Europe, Middle East and Africa based on percentage growth in operating revenue over five years. The Fast 500 EMEA award validates INSIDE’s product family expansions, growth into new market segments, and leadership position in Near Field Communication (NFC) technology.
Being included in the Deloitte Technology Fast 500 EMEA is recognized as a significant achievement. In its 11th year, the program highlights both established and emerging companies. The press has rewarded Technology Fast 500 winners with positive media exposure and has become increasingly interested in the Technology Fast 500 winners, related trends, and overall statistics. Past years’ programs garnered coverage in some of the nation’s top publications, including CNN, CNBC, BBC World News Radio, Financial Times and Dow Jones News Service.
“We are delighted by the recognition, which validates our strategy during challenging economic times,” said Remy de Tonnac, chief executive officer of INSIDE Secure. “Thanks to the extraordinary commitment of everyone at INSIDE and the exciting developments in mobile communication and applications, we look forward to continued growth and innovation.”
In 2009, INSIDE was named as a Deloitte Technology Fast 50 Award winner in the semiconductor, electronic, and components category. In 2011, 37 semiconductor companies were entered in the Deloitte Technology Fast 500 EMEA Award program, and 57.2 percent of entrants are based in Western Europe. Overall, companies that ranked on the Deloitte Technology Fast 500 EMEA 2011 program had an average growth rate of 1,287 percent.
“Making the Deloitte Technology Fast 500 is commendable in today’s highly competitive technology industry,” said David Halstead, Deloitte United Kingdom, partner in charge of the Deloitte Technology Fast 500 EMEA program. “We congratulate INSIDE Secure on being one of the 500 fastest growing technology companies in the region.”
The Technology Fast 500 list is compiled from the Deloitte EMEA Technology Fast 50 programs, nominations submitted directly to the Technology Fast 500, and public company database research. To qualify for the Technology Fast 500, entrants must have had base-year operating revenues of at least €50,000 and current-year 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 develops or owns proprietary technology that contributes to a significant portion of the company's operating revenues; or manufactures a technology-related product; or devotes a high percentage of effort to the research and development of technology.
About INSIDE Secure
INSIDE Secure is a leading designer, developer and supplier of semiconductors, embedded software and platforms for secure transactions and digital security. INSIDE mobile NFC, secure payment and digital security products provide security for a wide range of information processing, storage and transmission applications. The company’s customers are found in a wide range of markets including mobile payment, identification documents, access control, transit, electronic device manufacturing, pay television and mobile service operators. For more information visit www.insidesecure.com.
About Deloitte Technology Fast 500 EMEA
The Deloitte Technology Fast 500 EMEA is the region’s most objective industry-ranking standard to focus on the technology field and recognizes technology companies that have achieved the fastest rates of revenue growth in Europe, the Middle East and Africa during the past five years. Combining technological innovation, entrepreneurship and rapid growth, Fast 500 companies – large, small, public and private – span a variety of industry sectors, and are leaders in hardware, software, telecom, semiconductors, internet, media, life sciences and emerging areas, such as clean technology.
The program is supported by the Deloitte Technology Fast 50 initiatives, which rank high growth technology companies by location or specifically defined geographic area and is run by the Deloitte Touche Tohmatsu Limited’s Technology, Media & Telecommunications (TMT) global industry group. Co-sponsors include Taylor Wessing, a leading International law firm with a focus on the industries of tomorrow, and Fidelity Growth Partners Europe, a venture and growth capital investor which backs entrepreneur with aspiration for greatness in the IT and clean technology sectors across Europe.
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