Minneapolis, MN (PRWEB) December 27, 2005
Allot Communications, the Traffic Management Company, today announced that it has been ranked among the fastest 500 growing technologies companies in Europe, Middle East and Africa (EMEA) by Deloitte Technology for the fifth consecutive year. Allot ranked number 267 on the 2005 Deloitte Technology Fast 500 EMEA. Rankings are based on percentage revenue growth over five years, from 2000–2004. Allot grew 287 percent during this period.
Allot’s Chief Executive Officer, Yigal Jacoby, credits Allot’s hardworking employees and successful customer acquisition with the company’s consistent and strong revenue growth over the past five years. “Allot’s engineers have done an exemplary job of developing our best-of-breed traffic management products,” he said. “Their hard work, with the support of our partners and international sales team, has fueled an accelerating rate of customer acquisition that continues to positively affect revenue and growth.”
“Making the Deloitte Technology Fast 500 is commendable in today’s highly competitive technology industry,” said Eric Morgain, partner in charge of Deloitte’s Technology Fast 500 EMEA program. “We congratulate Allot on being one of the 500 fastest growing technology companies in EMEA in each of the past five years.”
Overall, companies that ranked on the 2005 Technology Fast 500 had an average growth rate of 935 percent.
Fast 500 Selection and Qualifications
The Technology Fast 500 list is compiled from Deloitte’s EMEA Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have had 2000 operating revenues of at least €50,000 and 2004 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 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.
About Allot Communications
Allot’s high-performance traffic management solutions are deployed by some of the world’s largest service providers, enterprises and universities to improve application performance, control bandwidth costs and optimize network efficiency. In enterprise networks, Allot’s highly scalable solutions help network managers ensure quality of service (QoS) by linking business policies to specific network actions that improve user productivity and contain networking costs. In service provider networks, Allot’s QoS and service level agreement (SLA) enforcement capabilities maximize return on investment by managing over-subscription, throttling P2P traffic and delivering tiered rate plans along with a host of innovative service capabilities. For more information, visit http://www.allot.com.
About Deloitte Brightman Almagor
Deloitte Brightman Almagor is one of Israel’s leading professional services firms, providing a wide range of world-class audit, tax, consulting, financial advisory and trust services. Its 38 partners and more than 700 employees serve domestic and international clients, public institutions and promising fast-growth companies whose shares are traded on the Israeli, United States and European capital markets. The firm is a fully integrated member of Deloitte Touche Tohmatsu.
Haberman & Associates
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