Deloitte Technology Fast 50 Reveals IXEurope as London's 10th Fastest Growing Technology Company

IXEurope, Europe's specialist datacenter services company, today announced that it ranked 10th in the 2006 Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in London region, putting the company in 77th place nationally.

(PRWEB) November 24, 2006 -- IXEurope, Europe's specialist datacenter services company, today announced that it ranked 10th in the 2006 Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in London region, putting the company in 77th place nationally.

The news of the ranking follows the very successful flotation of the company on the London Stock Exchange in April 2006.

"Being one of the fastest growing technology companies in the UK is an impressive accomplishment. We commend IXEurope for making the Deloitte Technology Fast 50 with a phenomenal 281% growth rate over five years," said Simon Kerton-Johnson Deloitte Technology partner for the London Region.

IXEurope's CEO, Guy Willner, believes that the company's growth over the past six years is a testament to the fact that the company has been built on a sound business plan, an innovative yet considered strategy and the backing of a strong management team.

He said "Being recognised as the 10th fastest growing technology company in our region is a magnificent achievement for the team. IXEurope continues to grow at a faster rate than all other significant competitors in the European market and we are now the only quoted datacentre services company in Europe."

"The team has shown tremendous commitment to providing high levels of service to our customers and we are delighted that our dedication has paid off. Securing a place on these high profile league tables clearly demonstrates how IXEurope has remained dynamic and thrived."

Fast 50 Selection and Qualifications

The Fast 50 list is compiled from Deloitte's 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 "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 IXEurope

IXEurope is one of Europe's fastest growing providers of datacentre services. Its principal activities include primary datacentre services, hosting infrastructure and business continuity solutions.

IXEurope works with enterprise and internet customers to provide resilient datacentre infrastructure to house their IT systems far more cost-effectively than through in-house provision. The benefits include optimised IT performance, improved systems availability and reduced corporate risk through improved regulatory compliance. By continually focusing on quality, IXEurope also gives clients exceptional service levels and on-site access to a high level of technical expertise.

With award winning datacentre facilities in key European cities, broad technology expertise and a proven track record, IXEurope provides solutions that give customers the confidence that their operations are protected. The Company has over 450 customers in the enterprise, internet and networking markets including Merrill Lynch, Deutsche Börse Systems AG, Network Rail and France Telecom.

Founded in 1998, IXEurope was listed on the London Stock Exchange in April 2006.

For more information please visit the website at www.ixeurope.com

Contacts:

Kerry Jago, IXEurope
T: +44 (0) 207 689 1400

About Deloitte

In this press release references to Deloitte are references to Deloitte & Touche LLP which is among the country's leading professional services firms, providing audit, tax, consulting and corporate finance services. Deloitte & Touche LLP is the United Kingdom member firm of Deloitte Touche Tohmatsu ('DTT'), a Swiss Verein whose member firms are separate and independent legal entities. Neither DTT nor any of its member firms has any liability for each other's omissions. Services are provided by member firms or their subsidiaries and not by DTT. Deloitte & Touche LLP is authorised and regulated by the Financial Services Authority. The information contained in this press release is correct at the time of going to press. For further information, visit our website at www.deloitte.co.uk

Deloitte & Touche LLP is authorised and regulated by the Financial Services Authority.

The information contained in this press release is correct at the time of going to press.

Deloitte Technology, Media & Telecommunications (TMT) Group

The TMT Group is composed of service professionals who have a wealth of experience serving technology, media and telecommunications companies throughout the UK in areas including cable, communications providers, computers and peripherals, entertainment, media and publishing, networking, semiconductors, software, wireless, and related industries. These specialists understand the challenges that these companies face throughout all stages of their business growth cycle and are committed to helping them succeed. Deloitte is a leader in providing strategic, financial and operational assistance to its technology, media and telecommunications clients.

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