Deloitte & Touche Technology Fast 50 winners


02-10-1998

and Corporate Banking Services are pleased to announce the winners of the Deloitte & Touche Technology Fast 50.

They represent the fastest-growing businesses in the region and will be ranked in order and announced at the Awards Ceremony in October.



Currently, UK technology companies - from biotechnology through to telecommunications, IT hardware and software - account for just over five per cent of VAT registered businesses in the UK. However, the UK technology sector is currently experiencing a rise - growing, on average, at over 25 per cent per annum since 1996, well above the UK economy's current national growth rate.



'We're a nation of innovators and inventors - we have been from the Industrial Revolution through to the present day - but sometimes we just don't shout about it enough,' said Richard Knights, lead partner for the Eastern region Fast 50 programme. 'It is time to champion the cause of the UK technology industry which, contrary to the doom and gloom written about the UK economy, it is in fact growing - and growing faster that the rest of the economy.



'The Technology Fast 50 programme is a chance for the most successful technology companies in the Eastern region to stand up and gain recognition for their financial success and contribution to the local economy,' continued Richard.



The 1998 Eastern Region Fast 50 winners in alphabetical order are as follows. Winners will be ranked in order and announced at the awards ceremony in October.



Aculab plc

Adder Technology Limites

Airtech PLC

Anglia Telecommunications (Peterborough)Limited

Antec International Limited

Applied Medical Technology Group

ARM Holding Limited

Cambridge Advanced Electronics plc

Cambridge Pharma Consultancy Limited

Cantab Pharmaceuticals plc

Casella Limited

Cellbond Composites Limited

Celsis International plc

Chiroscience

Colortrac Ltd

Data Racks (Stagwood Industries Ltd)

DB Broadcast Engineering

Delta Design Systems Limited

Deltron Electronics plc

Diomed Developments Limited

Domino Printing Sciences plc

E.D. White & Co Ltd

East Anglian Computer Systems Limited

Eclipse Electronics Ltd

Ferraris Group plc

Foundation Systems Limited

Foundation Technology Ltd

Foursys Ltd

i2 Limited

Ives & Company Limited

Life Sciences Resources Limited

Maritime Cargo Processing PLC

Medical Marketing International Group PLC

Modular Technology PLC

MRP Electronics PLC

New World Payphones Holdings Limited

Newport Technology Group Limited

PAXT Limited

Pericom Software PLC

PI Group Ltd

Pixel Power Limited

Prosol Electronics Limited

Psion Dacom PLC

Red Rock Technologies Ltd

Shearline Precision Engineering Limited

Smallworldwide plc

Soft Option Technologies Limited

Technetix PLC

TTP Group plc

Waymade Healthcare PLC





The awards ceremony at the American War Museum, Duxford on Thursday 22 October 1998 will be a celebration of the Eastern Region's contribution to technology and the Fast 50 will be profiled during the evening and an award will be presented.





About the Deloitte & Touche Technology Fast 50 Programme

The programme consists of a series of regional programmes covering the Eastern Region, London & South East, Midlands, South West, the North and Scotland. Each region will host an awards ceremony to honour the 50 fastest growing technology companies in that area. Following the regional programmes Deloitte & Touche will publish a national ranking of the UK's Technology Fast 50 companies. A report on the award winners, with analysis of the critical factors for success in this industry, will be launched at a national press event to be held in London in April 1999.



Criteria for Entry

The criteria for entry are based on financial performance and revenue growth and companies will be ranked on percentage growth in turnover over three years from 1995 to 1997.



The programme is open to UK technology companies defined as:

producing technology

manufacturing technology-related products

technologically intensive or using unique technology in problem-solving

devoting a high percentage of effort to research and development of technology



Entrants must have been in business for a minimum of three years and the parent company must be UK owned and headquartered in the Eastern region.

 

The Deloitte Cambridge office comprises 8 Partners and over 250 staff who deliver a full range of professional services to the East Anglian region. As well as focussing on the life sciences and technology sectors for which the region has become so renowned, the office has long standing specialisms in other sectors including the professions, consumer business, food and agribusiness.

Deloitte LLP