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Thunderhead Is Fastest-Growing Company in Deloitte Technology Fast 50

UK software company leads the way with huge growth

Tech Fast 50 Award

London, UK - October 27, 2008

Thunderhead, the enterprise communications software company, today announced it achieved the number one position in this year’s Deloitte Technology Fast 50.
 
Thunderhead experienced a remarkable growth rate of 28,558 percent over a five-year period to capture the distinction as the UK’s fastest-growing technology company. The company’s growth was a staggering 10 times this year’s Deloitte Fast 50 five-year average of 2,161 percent. Thunderhead attributes its rapid growth to its strongly differentiated technology and its ability to deliver rapid return on investment, commonly within one year of deployment.
 
Thunderhead CEO Glen Manchester commented, “We’re delighted to have received this honor from Deloitte. To have achieved the number one ranking in our first year of participation is a wonderful outcome and is outstanding recognition of the hard work and talent of our entire team.”
 
“It is also a testament to the work we have done in building a solution that clearly meets the needs of today’s organizations in improving how they engage and communicate with their customers. And, I’d like to take this opportunity to recognize our customers who have contributed so much to our growth and continued success over the last five years.”
 
The Deloitte Technology Fast 50, one of the world's foremost technology award programs, is a ranking of a country’s fastest-growing technology companies based on percentage growth over five years. Now in its eleventh year, the program honors business growth, technological innovation and UK entrepreneurial spirit.
 
 “Growing the top line enough to make the Deloitte Technology Fast 50 is especially meaningful during tough economic times,” comments David Halstead, lead partner for the Deloitte Fast 50. 
 
“The Fast 50 provides a fascinating view of the evolving structure of the UK’s tech sector, with software and Internet business making up the bulk of the fastest growing companies. While their products and services are at the extreme cutting edge of global technology, it is important to note that it is not just technology that makes these companies leaders in their sectors – it is the quality of their people and their intellectual property.”