Monitise named sixth fastest growing UK technology company
Global Mobile Money specialist Monitise plc (LSE: MONI) today announced that it was named number six in the 2013 Deloitte Technology Fast 50, a ranking of the 50 fastest-growing technology companies in the UK.
2013 marks the third year running that Monitise has maintained a top 15 ranking, having been named third and twelfth in 2012 and 2011 respectively. Positions are based on percentage revenue growth over the last five years. As of 2013, Monitise grew 2319 percent during this period.
Commenting on the ranking, Monitise Group Chief Financial Officer Brad Petzer said: ÔÇ£We are extremely pleased to have been named as the UKÔÇÖs sixth fastest growing technology company, and more so to have maintained our top 15 position amid such strong competition for the last three years.ÔÇØ
He added, ÔÇ£We are fortunate enough to have an incredibly talented and passionate team of experts here at Monitise, and we are supported by a world-class ecosystem of partners ÔÇô both of which are integral to our ongoing success. The Mobile Money industry continues to accelerate on a global scale, and we are excited by the opportunities ahead of us.ÔÇØ
David Halstead, Lead Partner, Deloitte UK Technology Fast 50 and Technology Fast 500 EMEA Programmes, said: ÔÇ£The Deloitte Technology Fast 50 gives great profile to technology companies and is internationally recognised as being one of the most important business awards in the sectorÔÇØ.
ÔÇ£The awards are an opportunity for businesses to gain recognition for their successes and achievements over the last five years. This yearÔÇÖs ranking highlights the importance of finding a niche product or service to beat the recession.ÔÇØ
* Growth rates are all over the last five years.
The full list of this yearÔÇÖs winners and winner breakdown by region and sector is available at www.fast50.co.uk
In this press release references to Deloitte are references to Deloitte LLP, which is among the country's leading professional services firms.
Deloitte LLP is the United Kingdom member firm of Deloitte Touche Tohmatsu Limited (ÔÇ£DTTLÔÇØ), a UK private company limited by guarantee, whose member firms are legally separate and independent entities. Please seewww.deloitte.co.uk/aboutfor a detailed description of the legal structure of DTTL and its member firms.
The information contained in this press release is correct at the time of going to press.
For more information, please visit www.deloitte.co.uk.
Deloitte UK Technology Fast 50
The Deloitte Technology Fast 50 is one of the UKÔÇÖs foremost technology award programmes. Now going into its 16thsuccessful year, it is a ranking of the countryÔÇÖs 50 fastest-growing technology companies, based on revenue growth over the last five years. The UK Fast 50 awards are all about growth driven by leading intellectual property and are a celebration of innovation and entrepreneurship. The UK Fast 50 is part of an international programme run by Deloitte, qualifying entrants of the UK Fast 50 will be put forward to the Deloitte Technology Fast 500 EMEA (Europe, Middle East and Africa) programme. Previous winners have come from across the UK, are both large and small, and included some of the most dynamic players in all areas of technology, from Internet specialists to biotech, digital media technology to life sciences, computers to semiconductors and software to telecommunications.
For more information visit www.fast50.co.uk
Monitise (LSE: MONI) is a world leader in Mobile Money - banking, paying and buying with a mobile device. Leading banks, payments companies, retailers and mobile networks utilise Monitise's technology platforms and services to securely connect people with their money.
Already over 24 million consumers benefit from our patented technology to 'bank anywhere', 'pay anyone' and 'buy anything' accounting for over $50 billion of payments, purchases and transfers annually. More information is available at www.monitise.com