iBanx was named Number 449 in the Deloitte Technology Fast 500 EMEA 2010, a ranking of the 500 fastest growing technology companies in Europe, the Middle East and Africa.

iBanx today announced that it ranked Number 449 on the Deloitte Technology Fast 500 EMEA 2010, a ranking of the 500 fastest growing technology companies in EMEA. Rankings are based on percentage revenue growth over five years. iBanx grew 385.97 percent during this period.

iBanx‘ CEO, Sjoerd Nanninga, credits expertise in a niche market, quality of the solutions and proven measuring tools with the company‘s 385.97%revenue growth over the past five years. He said, “Companies increasingly recognize that human interaction is crucial when it comes to safety and environmental performance. These are the areas where things often go wrong. IBanx jumped into that niche. We facilitate the human interaction by creating clear communication processes and great software tools to support these processes.

We differentiate ourselves in the industry by measuring KPI’s in order to be able to make quality improvements in those processes visible. We have a strong commitment on the agreed result. "

"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 programme. "We congratulate iBanx on being one of the 500 fastest growing technology companies in the region."

Overall, companies that ranked on the Deloitte Technology Fast 500 EMEA 2010 programme had an average growth rate of 1,192% percent.

Deloitte Technology Fast 500 EMEA selection and qualifications
The Technology Fast 500 list is compiled from the Deloitte EMEA Technology Fast 50 programmes, 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. Using other companies' technology in a unique way does not qualify.

About Deloitte Technology Fast 500 EMEA

The Deloitte Technology Fast 500 EMEA is the region‘s most objective indust

ry-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 programme 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.

Entire list