Voltaire Named Among Fastest Growing Companies In Israel For Fourth Consecutive Year By Deloitte Israel Technology Fast 50
Voltaire Ltd. (NASDAQ: VOLT), a leading provider of scale-out data center fabrics, today announced that it ranked number 28 on the 2010 Deloitte Israel Technology Fast 50, a ranking of the 50 fastest growing technology companies in Israel. Ranking are based on the percentage of fiscal year revenue growth during the five year period from 2005-2009. Voltaire grew 228% during this period.
“We are very pleased to be recognized by Deloitte as a high growth company for the fourth consecutive year,” said Ronnie Kenneth, chairman and CEO, Voltaire. “Voltaire’s continued growth reflects the increasing importance of our high performance switching platforms, application acceleration and management software to customers employing scale-out architectures in their data centers and cloud computing environments.”
“Achieving sustained revenue growth of 228% over five years is a tremendous accomplishment for a technology company operating in a competitive world,” said Tal Chen, director in charge of the Deloitte Brightman Almagor Zohar Israel Technology Fast 50 Program. “Voltaire deserves a lot of credit for its remarkable growth, and we commend them for it.”
About VoltaireVoltaire (NASDAQ: VOLT) is a leading provider of scale-out computing fabrics for data centers, high performance computing and cloud environments. Voltaire’s family of server and storage fabric switches and advanced management software improve performance of mission-critical applications, increase efficiency and reduce costs through infrastructure consolidation and lower power consumption. Used by more than 30 percent of the Fortune 100 and other premier organizations across many industries, including many of the TOP500 supercomputers, Voltaire products are included in server and blade offerings from Bull, Fujitsu, HP, IBM, NEC and SGI. Founded in 1997, Voltaire is headquartered in Ra’anana, Israel and Chelmsford, Massachusetts. More information is available at www.voltaire.com or by calling 1-800-865-8247. Forward Looking Statements Information provided in this press release may contain statements relating to current expectations, estimates, forecasts and projections about future events that are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally relate to Voltaire’s plans, objectives and expectations for future operations and are based upon management’s current estimates and projections of future results or trends. They also include third-party projections regarding expected industry growth rates. Actual future results may differ materially from those projected as a result of certain risks and uncertainties. These factors include, but are not limited to, those discussed under the heading “Risk Factors” in Voltaire’s annual report on Form 20-F for the year ended December 31, 2009. These forward-looking statements are made only as of the date hereof, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise. All product and company names mentioned herein may be the trademarks of their respective owners.
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