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Call for entries for 2010 Deloitte Fast 50 awards

18 June 2010

Entries have now opened for the 2010 Deloitte Fast 50 Technology awards. The awards, now in their 13th year, recognises and ranks technology companies with an exceptional growth in turnover over the last five years.

Last year’s winning entry was Distribution Technology, who supply a range of financial software products that enable qualified advisors to pinpoint key products and cross-sell others to customers faster and more efficiently. It works with 25 major financial services organisations in the UK. It fought off the competition with an amazing 18,225% per cent growth.

Distribution Technology Chief Executive, Ben Goss comments: “Winning the Fast 50 is an honour for us and recognises our success at anticipating and meeting our client’s needs. Large intermediaries and insurers are looking to transform their business models using financial planning sales and services technology and we are proud to lead this market.”

David Halstead, Deloitte technology partner and chairman of the Fast 50 said: “The Technology Fast 50 awards are an opportunity for businesses to gain recognition for their successes and achievements over the previous 12 months. The technology industry has turned a corner recently and confidence is returning to the market. We look forward to seeing how technology companies have fared in this year’s ranking.”

For full details and award entry forms please visit: www.fast50.co.uk

Ends

Technology Fast 50 Eligibility criteria

  • The company must have been in business for a minimum of five 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 UK-owned and have its headquarters in UK (subsidiaries of UK or multinational organisations do not qualify);
  • Operating revenues must be at least £34,000 (50,000 Euros) for the first financial year of the 5 year period and £540,000 (800,000 Euros) for most recent financial year;
  • All submissions must be accompanied by signed accounts for the first and last financial year being measured in the competition. Unless a statutory exemption is being taken, these accounts should be unabbreviated and audited.

About Deloitte
In this press release references to Deloitte are references to Deloitte LLP, which is among the country's leading professional services firms. Deloitte 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 acts or omissions. Services are provided by member firms or their subsidiaries and not by DTT. Deloitte 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.

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