The Deloitte Technology Fast500 EMEA program recognizes technology companies that have achieved the fastest rates of annual revenue growth in Europe, the Middle East and Africa during the past five years. The program is supported by the Deloitte Technology Fast50 initiatives, which rank high-growth technology companies by location or specifically defined geographic area and is sponsored by Deloitte's Technology, Media & Telecommunications (TMT) global industry group.

Norway-based Catch Communications ASA topped the 2005 Deloitte Technology Fast500 EMEA list (PDF) with an incredible five-year revenue growth of 77,683 percent. The companies that meet our definitions of a "technology company" and that have the fastest growth make the Deloitte Technology Fast500 EMEA - it's as simple as that.

Fastest Growing High-Tech Firms Identified by 2006 Deloitte

Signs of higher growth and unprecedented confidence in the EMEA technology sector

• Clear winner is wireless IT services provider MX Telecom Ltd of the UK, with average five-year revenue growth of 57,939 percent
• Average five-year revenue growth for all companies is 1,396 percent, double that of  last year
• Survey of Fast 500 CEOs reveals that 87 percent of CEOs are either very confident or extremely confident that they will sustain their growth rates over the next year - the most confident EMEA CEOs have been in the six years since the ranking began.