M-Files Ranked as the 295th Fastest-Growing Technology Company on the Deloitte Technology Fast 500 EMEA 2012

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M-Files Attributes 512 Percent Revenue Growth to Customers and Partners Embracing Metadata-driven Enterprise Content Management Solution

M-Files Corporation, the developer of M-Files metadata-powered cloud, on-premise, and hybrid enterprise content management (ECM) solutions, today announced that it ranked number 295 on the Deloitte Technology Fast 500 EMEA 2012, a ranking of the 500 fastest growing technology companies in Europe, the Middle East and Africa (EMEA). Rankings are based on percentage revenue growth over five years, and M-Files Corporation grew 512 percent during this period.

M-Files previously ranked 439 in the 2011 Deloitte Technology Fast 500. In addition to ranking in the Deloitte Technology Fast 500, M-Files Corporation was 15th in the Finland Deloitte Technology Fast 50, which is a ranking of the 50 fastest-growing technology firms in Finland.

"Recognition in the Deloitte Technology Fast 500 as one of the fastest growing technology companies in the EMEA region is a significant achievement for M-Files," said Miika Mäkitalo, CEO of M-Files Corporation. "Our continued ascent in the rankings for the Deloitte Technology Fast 500 further reinforces our ability to deliver solutions that vastly improve the way businesses manage their vital information assets and processes on a daily basis."

“Being one of the 500 fastest growing technology companies in EMEA is an impressive accomplishment. We commend M-Files for making the Deloitte Technology Fast 500 EMEA with a phenomenal 512 percent growth rate over five years,” said David Halstead, Deloitte United Kingdom and partner in charge of the Deloitte Technology Fast 500 EMEA program.

Deloitte Technology Fast 500 EMEA Selection and Qualifications
The Technology Fast 500 list is compiled from the Deloitte EMEA Technology Fast 50 programs, nominations submitted directly to the Technology Fast 500, and public company database research. To qualify for the Technology Fast 500, entrants must have had base-year operating revenues of at least €50,000 and current-year 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 develops or owns proprietary technology that contributes to a significant portion of the company's operating revenues; or manufactures a technology-related product; or devotes a high percentage of effort to the research and development of technology. Using other companies' technology in a unique way does not qualify.

About Deloitte Technology Fast 500™ EMEA
The Deloitte Technology Fast 500 EMEA program is the region’s most objective industry-ranking to focus on the technology field, recognizing technology companies that have achieved the fastest rates of revenue growth in Europe, the Middle East, and Africa (EMEA) during the past five years. Combining technological innovation, entrepreneurship and rapid growth, Fast 500 companies – large, small, public and private – span a variety of industry sectors, and are leaders in hardware, software, telecom, semiconductors, internet, media, life sciences and emerging areas, such as clean technology.

The program is supported by the Deloitte Technology Fast 50 initiatives, which rank high growth technology companies by location or specifically defined geographic area and is run by the Deloitte Touche Tohmatsu Limited’s Technology, Media & Telecommunications (TMT) global industry group. Co-sponsors include Taylor Wessing, a leading International law firm with a focus on the industries of tomorrow, and Fidelity Growth Partners Europe, a venture and growth capital investor which backs entrepreneurs with aspiration for greatness in the IT and clean technology sectors across Europe. More information on the programme and prior year winners is available on http://www.deloitte.com/fast500.

About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see http://www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.

Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte has in the region of 200,000 professionals, all committed to becoming the standard of excellence.

About M-Files Corporation
M-Files Corporation develops the award-winning metadata-driven M-Files enterprise content management (ECM) system and cloud-based service M-Files Cloud Vault that runs on the Windows Azure platform. M-Files is easy to deploy, learn and use, and has enabled thousands of businesses in over 90 countries make dramatic gains in efficiency and productivity by improving the way they organize and manage their business documents, information and processes. M-Files is available in 25 languages and is in use at customers such as AstraZeneca, EADS, Flybe Airlines and Parker Hannifin. For more information, visit us at http://www.m-files.com, the M-Files blog, and follow us on Facebook and Twitter.

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Matthew Meigs
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