Interpeak Ranked as Second Fastest-Growing Technology Company in Sweden
Stockholm, Sweden – November 10, 2005 – Interpeak, a pioneer of Internet and secure networking software for embedded systems, has been recognized as the second fastest-growing technology company in Sweden in 2005. The Sweden Technology Fast 50 Awards are given by Deloitte each year, based on percentage revenue growth over a five-year period.
Established in 1995, the Deloitte Technology Fast 50 ranks the 50 fastest-growing technology companies by geographic region. The expanding program operates independently in 10 countries outside of the United States, plus one region — Central Europe. Winners of the regional Fast 50 programs are automatically eligible for the Fast 500 program in their area. As a nominee from Sweden, Interpeak is automatically entered to Technology Fast 500 EMEA (Europe, the Middle East, and Africa).
“The need for secure networking software has increased rapidly since we founded the company in 2000,” said Johan Fornaeus, CEO of Interpeak. “We are active in a market that grows in parallel with the adoption of Internet technologies by global companies, such as IBM, HP, and Boeing. We are very proud to be nominated to the Technology Fast 500 EMEA.”
Deloitte defines eligible technology companies as companies active in semiconductors, life sciences, communications, Internet, or software that:
· Are involved in proprietary technology that contributes significantly to their operating revenues
· Are deeply involved in technology research and development
· Have been in business at least five consecutive years
· Had operating revenues of at least 50,000 euros in 2000.
About Interpeak
Interpeak provides state-of-the-art networking solutions specifically designed for embedded systems. Interpeak's products include various drop-in solutions for networking applications, such as gateways, network storage, edge routers, mobile phones, home access devices, wireless networks, digital media, and others. The company's embedded networking and security software is currently used in thousands of applications across the globe. Its customers span the telecommunications and data communications markets. Headquartered in Stockholm, Sweden, Interpeak operates through a global network of distribution channels and has its own sales and field application force dispersed in strategic locations worldwide, including the United States, Japan, and Europe. For more information about Interpeak’s networking and security products, visit www.interpeak.com.
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Source: Interpeak
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