• MyHammer achieved 4769% sales growth in 5 years
• No. 1 on the Deloitte Fast 50 Awards in Germany
• Average growth rate of 1192% at Technology Fast 500 EMEA
London/Berlin, 26 November 2010 – MyHammer has been ranked 13th in the Deloitte Technology Fast 500 EMEA at the annual award ceremony held on the 25th November in London. The Technology Fast 500 EMEA ranking comprises of the 500 fastest growing technology companies across Europe, the Middle East and Africa. MyHammer was honoured for its outstanding sales growth of 4769% from 2005 to 2009. This latest success follows on from the 1st place MyHammer secured in the Deloitte Technology Fast 50 Awards in Germany this year.
Markus Berger-de León, CEO of MY-HAMMER AG, is delighted with the company’s performance “Being in the top 15 of 500 fastest growing technology companies in the EMEA region is huge praise for the now 70 plus members of the MyHammer team. It is real recognition of the hard work that has been put into building the MyHammer service over the past few years. Our business model is absolutely unique and we believe in its capacity for growth beyond Europe’s shores. That’s why we now plan on introducing MyHammer to the US market."
David Halstead, Deloitte United Kingdom, partner in charge of the Deloitte Technology Fast 500 EMEA programme, said “Making the Deloitte Technology Fast 500 EMEA ranking is a testament to a company‘s commitment to technology. With its 4769% growth rate over five years, MyHammer has proven that its leadership has the vision and determination to grow in difficult conditions”
Overall, companies that ranked on the Deloitte Technology Fast 500 EMEA 2010 programme had an average growth rate of 1192%. The Deloitte Fast 500 EMEA is one of the most prestigious awards for fast growing companies in the technology industry and has been awarded since 2001.
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.