LONDON, 26 November, 2010 – Telmap, the original pioneers in mobile location-based services, is proud to announce that it was named Number 41 fastest growing technology company on the Deloitte Technology Fast 500 EMEA 2010, a ranking of the 500 fastest growing technology companies in the EMEA region.

To determine the fastest growing companies, Deloitte reviewed fiscal year revenues over the past five years, calculated the revenue growth percentage over this period, and compared the growth of technology companies.

Telmap is a provider of end to end mobile location-based services that enrich on the-go experiences through integration of local content, community interactions, and personal offers. Telmap views making this list as quite an accomplishment.

“We are very proud to once again to be included alongside EMEA’s most prestigious technology companies. This award is representative of our commitment to bringing long-term, sustainable value to our customers fulfilling our strong vision of serving all users’ needs while on-the-go, while creating an optimized user experience. We are pleased to accept this award in recognition of our significant growth”, said Oren Nissim, Telmap’s CEO.

"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 Telmap on being one of the 500 fastest growing technology companies in the region."

Telmap previously ranked 189 on 2009 Deloitte Technology Fast 500, and number 155 on the 2008 programme.  In addition to ranking in the Deloitte Technology Fast 500, Telmap ranked 4th in the Israel Deloitte Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in Israel. Overall, companies that ranked on the Deloitte Technology Fast 500 EMEA 2010 programme had an average growth rate of 1,192% percent.