ALTAMEDIUS ANNOUNCED AS DELOITTE TECHNOLOGY FAST 50 WINNER

Altamedius is ranked FOURTH in this year's Deloitte Technology Fast 50 Award

20th October 2003, Dublin Ireland - For the second year running, Altamedius (www.altamedius.com), a leading Dublin-based provider of multi-channel payment and micro-billing solutions, has been recognised as one of Ireland's fastest growing technology companies. The company was ranked fourth on the Deloitte list of Ireland's fastest growing technology companies.

Commenting on the award, John McCallion, Acting CEO of Altamedius, said, "I am delighted to accept this award for the second year running. This award recognises the outstanding achievement of our people despite a difficult global environment. We look forward to continued progress in the year ahead."

The Technology Fast 50 programme recognises and ranks the fastest-growing technology companies in Northern Ireland and the Republic of Ireland. All companies considered for the awards must be headquartered in Ireland, must be technology-intensive or use unique technology in problem solving, or must devote a high percentage of effort to research and development.

Announcing the winners of the fourth Technology Fast 50 Programme, David O'Flanagan, Partner with Deloitte, Dublin said: "The Fast 50 programme has always been a reliable indicator of whether innovation is leading to more growth and wealth creation. These companies have demonstrated how to survive and thrive in today's market by helping their customers reduce their costs and improve their performance."

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