TeamNet International on the second place in Deloitte Central Europe Technology FAST 50 2009

Locul 2 in Deloitte Central Europe”

Bucharest, October 20th, 2009



   The second place in the Deloitte Technology Fast 50 Central Europe in 2009 ranking is occupied by TeamNet International, which for the second consecutive year it is present in the top ten companies ranking. With a growth rate of the turnover consisting in 3.317% from 2004 to 2008, TeamNet climbs 5 positions over last year's edition.

   The ranking found at its 10th edition is made not only according to the dynamics of the last 5 years revenue but it also consists in a significant contribution to revenues of intellectual property or dedicating a substantial part of revenues to research and development in technology.

   In this year's ranking, ten companies from Central European countries have joined, the 2009 edition becoming the most diverse until now. Romania entered in the competition for the first time last year. As in previous editions, the finalists of the regional rankings will be automatically nominated in the Technology Fast 500 EMEA competition, which includes companies from Europe, Middle East and Africa.

   Deloitte Technology Fast 50 program was launched in Silicon Valley, California in 1995 and was extended to the Technology Fast 500 program in North America, Asia-Pacific and Europe. This program runs independently in 17 countries outside the United States and in the Central European region, the Czech Republic, Hungary, Latvia, Estonia, Poland, Slovakia, Bulgaria and, starting this year, Romania, Serbia, Croatia, Slovenia, Bosnia and Herzegovina and Lithuania.