Dublin (PRWEB) November 22, 2010
Creme ranked 14 in Deloitte Technology Fast 50. Creme attributes its growth to its strong technology and an exceptional team
Creme today announced that it ranked Number 14 in the 2010 Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in Ireland. Rankings are based on average percentage revenue growth over five years. Creme grew 559 percent during this period.
Creme’s CEO, Cronan McNamara, credits Creme's strong technology and its exceptional team for the company’s 559% revenue growth over the past five years. He said, "We are absolutely delighted to receive this award, especially alongside such innovative and exciting companies. Creme is developing new and innovative technology services for our customers worldwide. This award reaffirms the success we are achieving in the market and highlights the hard work of our team."
The Fast 50 programme, now in its eleventh year in Ireland, ranks the fastest-growing technology companies in the Republic of Ireland and Northern Ireland. This year, there are 15 companies from Northern Ireland in the ranking. The average growth rate of the Fast 50 companies named in this year’s ranking is 623%.
Announcing the winners of the Technology Fast 50 programme, David O’Flanagan, Partner, Deloitte said: “In spite of the challenging financial market conditions, the 2010 Deloitte Fast 50 shows that Irish technology companies are continuing to show impressive growth. We are particularly impressed to see the increase in winners who are competing on the world stage, especially in the area of software development and in the B2C sector (business to consumer). Ireland’s high mobile phone penetration has led to a number of companies being successful in the development of software to support the global telecommunications industry. Irish companies have also excelled at utilising the web to sell consumer services globally. These are industries we have seen develop and mature over the past decade.”
The awards took place in The Europa Hotel in Belfast on November 12th. Industry figures speaking at the event included Niall Olden, Managing Partner, Kernel Capital, John Hartnett, President and Founder, Irish Technology Leadership Group and David Halstead, Partner, Deloitte.
Details of the final Technology Fast 50 ranking list are available to download at http://www.fast50.ie.
PR Contact: Debra Garretson, Business Development Exec, Creme
+353 1 677 0071
Creme provides web based software, data, training and consulting services in the area of food, chemical and cosmetic exposure assessment.
Creme's mission is to promote consumer health and wellness by enabling regulators, safety authorities, food, personal care product and chemical manufacturers to easily and accurately evaluate food intake, nutrition and exposure levels of consumers.
Creme provides the latest scientific data in combination with high performance web based software and expertise to enable researchers, industry and government agencies to obtain the most accurate information available.
About the Deloitte Technology Fast 50 Programme
To enter the Fast 50 Awards, companies must meet the criteria listed below. Entries must be sent in electronically, with the necessary supporting documents (audited financial statements).
- Entrants must have been operating for a minimum of five years, with a turnover of at least €50,000 for 2005.
- Entrants can be public or private companies but the parent company must be headquartered in the Republic of Ireland or Northern Ireland. Subsidiaries or divisions do not qualify.
- Each entrant must be a technology company defined as producing technology; manufacturing technology-related products; being technologically intensive or using technology in problem-solving; or devoting a high percentage of effort to the research and development of technology.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a 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/ie/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.
The information contained in this press release is correct at the time of going to press.
Deloitte’s 1,100 people in Dublin, Cork and Limerick provide audit, tax, consulting, and corporate finance to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 140 countries, Deloitte brings world class capabilities and deep local expertise to help clients succeed wherever they operate.
Deloitte's approximately 170,000 professionals are committed to becoming the standard of excellence.
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