Bravura ranks amongst Deloitte Technology Fast 50 for second consecutive year

17 November 2008

Bravura Solutions (Bravura, ASX: BVA) – a leading global supplier of wealth management applications and professional services – has secured a top 20 position for the second consecutive year in the Deloitte Technology Fast 50.

The Deloitte Technology Fast 50 ranks Australia’s 50 fastest growing technology companies, based on percentage revenue growth over three years and includes all technology-related industry sectors.
Those eligible for the ranking must have been in business for a minimum of three years, with first year revenue of at least A$100,000 and current year revenue of at least A$1 million.
Bravura’s revenue for FY08 was A$136.2 million, up 451 per cent from their first year revenue of A$30.2 million in 2005.
Iain Dunstan, Group CEO and Managing Director, Bravura Solutions said: “Placement in the Deloitte Technology Fast 50 represents another key milestone for Bravura and is testament to our growth and success since inception.

“Our revenue achievements, as well as the quality of our products and services, have exceeded all expectations. We believe that our outstanding historical performance can act as an indicator as to our future direction and success.”

Those chosen, as part of the Fast 50, are Australian-owned technology companies that have developed proprietary technology contributing to a significant portion of their operating revenues, manufacture a technology-related product, or devote a high percentage of effort to research and development of technology.

The Deloitte Technology Fast 50 is part of a global Fast 500 program run, in parallel, with the United States, Canada, United Kingdom, France, Norway, Sweden, The Netherlands, Germany, Central Europe, Israel, South Africa, China, Hong Kong, India, Japan, Korea, Malaysia, New Zealand, Singapore, Taiwan and Thailand.

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