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Press Releases2009-11-26 - AirTies rated in top four fastest growing communications and networking vendors in Deloitte Technology Fast 500 EMEAIstanbul, 26 November 2009 - AirTies, the innovative wireless home networking vendor, today announced that it has been ranked number four out of 75 communications and networking vendors on the Deloitte Technology Fast 500 EMEA 2009, a ranking of the 500 fastest growing technology companies in EMEA. It came 21st overall. Rankings are based on percentage revenue growth over five years. AirTies grew 5951 per cent during this period. AirTies’ CEO, Bulent Celebi, commented, " We are delighted that AirTies has been recognised in Deloitte Technology Fast 500 EMEA. We believe that achieving a place in the top 25 companies is testament to thehard work and commitment that has been put in at AirTies since our inception in 2004. We look are looking forward to moving into the next stage of the business’ development as we expand into new markets.” David Halstead, partner in charge of Deloitte`s Technology Fast 500 EMEA program, commented: "The right product based on the right technology and with the right team behind it can be a recession beater. Despite a backdrop of global recession, services and devices that deploy advanced technology, such as smart-phones and high-definition television, have all fared well in the last year. Fast growing technology companies know that it is not good enough for them to do well during good times: they need the capability to accelerate away from their competitors in a downturn.” The Technology Fast 500 list is compiled from Deloitte’s EMEA (Europe, Middle East and Africa) Technology Fast 50 programs, nominations submitted directly to the Fast 500. For more information about Deloitte technology Fast50 and Fast500 programs, please visit www.deloitte.com/fast50. www.itbnetworking.com/pr/34476 www.itbinnovation.com/pr/34476 www.itbaudiovisual.com/pr/34476
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