Handheld Group today announced that it ranked number 340 on the Deloitte Technology Fast 500 EMEA 2010, a ranking of the 500 fastest growing technology companies in EMEA. Rankings are based on percentage revenue growth over five years.
Handheld Group grew 535 percent during this period. Handheld Group‘s CEO, Jerker Hellström, credits hard work and innovative product development with the company‘s 535 percent revenue growth over the past five years. He said: "Growth is one of our key focus areas as a company. Awards and recognitions like this are therefore very encouraging since they highlight our accomplishments in an objective way.
"Making the Deloitte Technology Fast 500 is commendable in today‘s highly competitive technology industry," said David Halstead, Deloitte United Kingdom, partner in charge of the Deloitte Technology Fast 500 EMEA programme. "We congratulate Handheld Group on being one of the 500 fastest growing technology companies in the region."
"Handheld Group and the other 2010 Technology Fast 500 winners forged ahead in a challenging economic environment to realize exceptional growth", said David Halstead."We commend Handheld Group for this impressive accomplishment".
In addition to ranking in the Deloitte Technology Fast 500, Handheld Group ranked 33rd in the Sweden Deloitte Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in Sweden.
About Handheld Group:
Handheld Group is a worldwide supplier of rugged mobile computers and PDAs. Handheld and its partners deliver complete mobility solutions to businesses in industries such as logistics, forestry, public transportation, construction, military, and security. The Handheld Group of Sweden has local offices in Finland, the Netherlands, Italy and the USA. For more information, please see www.handheldgroup.com
About Deloitte Technology Fast 500 EMEA
The Deloitte Technology Fast 500 EMEA is the region‘s most objective industry-ranking standard to focus on the technology field and recognizes technology companies that have achieved the fastest rates of revenue growth in Europe, the Middle East and Africa during the past five years. Combining technological innovation, entrepreneurship and rapid growth, Fast 500 companies – large, small, public and private – span a variety of industry sectors, and are leaders in hardware, software, telecom, semiconductors, internet, media, life sciences and emerging areas, such as clean technology.
The programme is supported by the Deloitte Technology Fast 50 initiatives, which rank high growth technology companies by location or specifically defined geographic area and is run by the Deloitte Touche Tohmatsu Limited‘s Technology, Media & Telecommunications (TMT) global industry group. Co-sponsors include Taylor Wessing, a leading International law firm with a focus on the industries of tomorrow, and Fidelity Growth Partners Europe, a venture and growth capital investor which backs entrepreneur with aspiration for greatness in the IT and clean technology sectors across Europe.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.
Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 140 countries, Deloitte brings world-class capabilities and deep local expertise to help clients succeed wherever they operate. Deloitte's approximately 170,000 professionals are committed to becoming the standard of excellence.
