Surf Communication Solutions Named to Deloitte Technology Fast 50 List
Recognition given to fastest growing technology companies, based on revenues recorded for last five years
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Yokne’am, Israel, October 30, 2007 – SURF Communication Solutions® (“Surf”), a leading provider of multimedia embedded processing solutions, was named to the 2007 Deloitte Israel Technology Fast 50, a ranking of the 50 fastest growing technology companies in Israel. The Deloitte Technology Fast 50 were announced and presented on Monday, October 29th at the Hilton Hotel in Tel Aviv, Israel.
To determine the fastest growing companies, Deloitte reviewed fiscal year revenues over five years (2002-2006), calculated the revenue growth percentage over five years, and compared the growth of technology companies.
Making this list is quite an accomplishment for technology veteran Surf Communication Solutions, which was established in 1996 and continues to design and produce leading-edge multimedia platforms for telecom infrastructure equipment manufacturers. Surf is a privately-held company, headquartered in Israel with offices in the U.S. and Europe, and a worldwide distribution channel. Surf has an established customer base, including many Tier-1 companies, running its field-hardened solutions.
“We are very honored to be included in the Deloitte Technology Fast 50,” said Eyal Zagagi, CEO & President of Surf. “I believe this achievement is a testament to our vision and ability to leverage current capabilities to provide the platform for tomorrow’s emerging telecom services and applications.”
“Making the Deloitte Technology Fast 50 is a testament to a company’s commitment to technology,” said Asher Mechlovich, partner in charge of the Deloitte Brightman Almagor Technology Fast 50 Program. “With its 400% growth rate over five years, Surf Communication Solutions has proven that its leadership has the vision and determination to grow, even in volatile markets such as telecom.”
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