Fourth annual Fast 50 competition launched


18 Aug 2003

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The fourth annual Deloitte & Touche Technology Fast 50 programme was launched today. The competition recognises and ranks the fastest-growing technology companies in the Republic of Ireland and Northern Ireland. Nominations are being sought for this year’s fastest 50 based on percentage turnover growth from the 2000 to 2002 period.

Speaking at the launch, David O’Flanagan, partner at Deloitte & Touche, said: “The Fast 50 programme offers a unique recognition for the achievements made by growing technology companies. This programme shows that despite the difficult global environment, Irish technology companies are continuing to grow successfully. The performance of the companies involved over the years has been very impressive with many winning further awards. We are anticipating a high level of interest this year.”

Liam Nellis, chief executive of main sponsor IntertradeIreland’s EquityNetwork, commented: “Since the Technology Fast 50 programme began in Ireland four years ago, I have been particularly encouraged by the number of small to medium-sized businesses that submitted entries for the awards, from all parts of the island.”

The current holder of the Fast 50 award is Irish telecommunicatons firm eTel, owned by entrepreneur Sean Melly. Second and third spots are held by two Northern Ireland firms, Data Warehousing Practice and BizNet Solutions, respectively.

Application forms are now available on the Deloitte & Touche website, www.deloitte.com/ie, or can be obtained by contacting the Fast 50 hotline (01) 417 2611. The closing date for nominations is 29 August 2003. An awards ceremony will take place on 16 October 2003.

By Brian Skelly