NEWTON, MA, October 19, 2007 – Telerik, the leading vendor of UI components and solutions for .NET, has been acknowledged with 3rd place in Deloitte’s “Rising Star” Technology Fast 50 program for the 50 fastest growing technology companies in Central Europe.
This high-level recognition distinguishes Telerik as one of the most progressive companies, honoring its business growth, technical innovations and constant entrepreneurial spirit. The award is part of the Technology Fast 50 program, which ranks the 50 fastest growing technology, media and telecommunication companies headquartered in Central and Eastern Europe region. Rankings are based on percentage revenue growth over the past three years.
“We are honored to be recognized by Deloitte in such a respected and influential list within the technology industry” says Telerik’s CEO Svetozar Georgiev. “Telerik's growth and leadership position can be credited to our commitment and focus on innovation and growth, a strong dedication to customers and partners, but first and foremost it acknowledges years of hard work by our fantastic team of professionals”.
The award offers the chance for fast-growing firms to get the high-level acknowledgment they deserve.It recognizes companies owning proprietary technology that contributes to a significant portion of the company’s operating revenues; or, devotes a significant proportion of revenues to the research and development of technology.
Rising Star winners automatically enter Deloitte's EMEA Technology Fast 500, which ranks the 500 fastest growing technology companies in Europe, Middle East and Africa. The ranking is based on the financial percentage growth over the course of five years. For more information on Deloitte's Technology Fast 500 or Technology Fast 50 programs, visit http://www.fast50ce.com.
Telerik is a leading vendor of development tools and components for Microsoft .Net. Developers from most of the Fortune 2000 companies, many of the world’s leading educational and non-profit organizations and thousands of consultants rely on Telerik products to build applications with unparalleled richness, responsiveness and interactivity.
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