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Nominations open for the Deloitte Technology Fast 50 Australia 2009 program


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Professional services firm Deloitte, announced today that nominations are now open for Australia’s Deloitte Technology Fast 50 2009 program.

Now in its ninth year, the program provides Australia’s fastest growing technology companies with the opportunity to be recognised as one of the 50 fastest growing technology companies in the country. Previous winners, whose revenues are measured over three years, have included ComTel Corporation Limited in 2008 with outstanding revenue growth of 1302% over the previous three years and TigerSpike Pty Limited with revenue growth of 912%.

Deloitte is also offering the ‘Rising Star’ award, run in conjunction with the Deloitte Technology Fast 50. For those companies who do not qualify for the Technology Fast 50 program on the basis of financial or incorporation criteria, the ‘Rising Star’ award recognises the achievements of high quality, exciting and innovative companies with strong growth potential.

The aim of the Technology Fast 50 program is to recognise and raise the profile of technology companies that have shown sustained growth over the last three years. The winners, who are to be announced in November, become part of an exclusive network of high performing technology companies. Winners are automatically entered in the Deloitte Technology Fast 500 Asia Pacific 2009 program and if selected these companies are recognised across the Asia Pacific region for their excellence in growth.

Joshua Tanchel, Deloitte Private Partner and leader of Deloitte’s Technology Fast 50 Program says “this program is about rewarding local high performance companies which, in a difficult climate, have managed to create sustained impressive growth driven by innovative technology and fresh ideas.

“Technology companies face constant challenges including accessing finance to grow, developing new technologies and innovations to meet changing customer needs, retaining talented people, coping with compliance burdens and entering new market segments and/or expanding their customer base in existing market segments. This program will give the winners increased media profile, invaluable networking opportunities with other fast growing technology companies and access to industry experts who are leaders in shaping the new economy.”

The Deloitte Australia Technology Fast 50 is part of a global program run in parallel with the United States, Canada, United Kingdom, France, Norway, Sweden, The Netherlands, Germany, Central Europe, Israel, South Africa, China, Hong Kong, India, Japan, Korea, Malaysia, New Zealand, Singapore, Taiwan and Thailand.

The program includes all related industry sectors such as: Communications, Software, Semiconductors, Components and Electronics, Life Sciences, Internet and Computer Peripherals.

Eligibility criteria for the Deloitte Technology Fast 50 2009

Winners are selected based on percentage revenue growth over three years and must meet the following criteria:

  • the company must have been in business for a minimum of three years
  • the company must be considered a technology company, which is defined as:

            producing technology
            manufacturing technology-related products
            be technology intensive, or use unique technology to solve problems
            devoting a high percentage of effort to technology R&D;

  • the parent company must be Australian owned and have its headquarters in Australia (subsidiaries of multinational organisations do not qualify);
  • operating revenues must be at least $50,000 in 2007.

To nominate a company or apply go to www.tech50.com.au, and fill out the nomination form.

Nominations close 30 September 2009.

Last Updated: 

Contacts

Name:
Jane Kneebone
Company:
Deloitte Australia
Job Title:
Corporate Affairs & Communications
Phone:
Tel: +61 3 9671 7389, Mobile: +61 4 1614 8845
Email
jakneebone@deloitte.com.au
Name:
Joshua Tanchel
Company:
Deloitte Australia
Job Title:
Partner, Deloitte Private
Phone:
Tel : +61 2 9322 7258, Mobile: +61 (0) 425 361 611
Email
jtanchel@deloitte.com.au

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