iMeta Technologies today announced that it ranked Number 62 in the 2006 Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in the UK & Ireland. Rankings are based on average percentage revenue growth over five years. iMeta grew 382% percent during this period.
âI am delighted that we have been accredited with the Deloitte Fast 50 2 years running and that we have improved our position overall and in the south and east by 11 placesâ says Ben Marsh, Managing Director at iMeta Technologies. âWe have experienced a 382 % revenue growth over the past five years thanks to our enduring business relationship with new and existing clients and the commitment and skills of our employeesâ , he added.
"Growing the top line enough to make the Deloitte Technology Fast 50 is especially meaningful during competitive times for the technology sector," said Simon Kerton-Johnson, Chairman of Deloitteâs UK & Ireland Fast 50. "We congratulate iMeta Technologies on becoming one of the 50 fastest growing technology companies in the South and East region."
Fast 50 Selection and Qualifications
The Fast 50 list is compiled from Deloitteâs nominations submitted directly to the Fast 50, and public company database research. To qualify for the Fast 50, entrants must have had 2001 operating revenues of at least 50,000 Euros. Deloitte researchers examined financial statements to validate operating revenues.
Entrants must also be public or private companies headquartered in a participating region of the UK and must be a âtechnology company,â defined as a company that owns proprietary technology that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology in a unique way does not qualify.