cVidya Included in Deloitte’s Technology Fast 500 EMEA 2010 Ranking of Fastest Growing Technology Co

Deloitte recognizes cVidya’s 1200% growth during 2005-2009 prior to ECtel acquisition


London, December 08, 2010 - cVidya Networks, (www.cvidya.com) the global leader and innovative provider of Revenue Intelligence solutions for Telecom, Media and Entertainment service providers, announced today its inclusion in Deloitte’s Technology Fast 500 EMEA 2010, a ranking of the 500 fastest growing technology companies in EMEA. Rankings were based on percentage revenue growth over a five year period (2005-2009), during which cVidya grew 1200 percent.

 

“Being one of the 500 fastest growing technology companies in EMEA is an impressive accomplishment. We commend cVidya for making the Deloitte Technology Fast 500 EMEA with a phenomenal 1200% growth rate over five years,” said David Halstead, Deloitte United Kingdom and partner in charge of the Deloitte Technology Fast 500 EMEA programme.

 

In addition to their inclusion in the Technology Fast 500 EMEA rankings, cVidya also won Deloitte’s Technology Fast 50 2010 Award. cVidya ranked ninth in the Israel Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology firms in Israel.

 

“We are delighted to have won another Deloitte award in recognition of our tremendous revenue growth”, said Alon Aginsky, President and CEO of cVidya Networks. “We presented revenue growth of over 1200% in the last 5 years which does not include our 2010 acquisition of ECTel. We are extremely proud of this achievement and confident that we will be able to top this next year, with the merged company’s figures.”