LONDON, Friday 25 November, 2011 – Telmap, a global leader in mobile location-based services, is proud to announce that it was named number 85 fastest growing technology company on the Deloitte Technology Fast 500 EMEA 2011, 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, established in year 2000 provides mobile operators with white label, hosted and managed services that are fully designed to enrich on-the-go experiences while opening new business opportunities and generating new revenue streams.

The Telmap Mobile Location Companion caters to all users’ needs while out and about, with location central to everything: social interactions, deals and promotions, exploration of one’s surroundings, and more. The Telmap technological architecture is open to third party developers as well as content providers for a wide range of integration and publishing methods.

Telmap has been repeatedly selected by leading industry players including Orange FT Group, Vodafone, Vodacom, MTS, SFR, O2, Telefonica, SingTel, OPTUS, Cellcom, Pelephone, Partner and more.

“We are very proud to once again be included alongside EMEA’s most prestigious technology companies, and view this as a great accomplishment. We consistently push forward on realizing our vision of enriching and optimizing end users’ experience when out-of-home, bringing ever-growing relevance and value to consumers. As in previous years, we are pleased to accept this award in recognition of our significant growth”, said Oren Nissim, Telmap’s CEO.

“Achieving sustained revenue growth of 1573% over five years is a tremendous achievement.” said David Halstead, Deloitte United Kingdom and partner in charge of the Deloitte Technology Fast 500 EMEA programme. "Telmap’s phenomenal growth puts it in select company."

Telmap previously ranked 41 on the 2010 Deloitte Technology Fast 500 EMEA list, 189th on the 2009 list, and number 155 on the 2008 programme.  In addition to ranking in the Deloitte Technology Fast 500, Telmap ranked 8th 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 2011 programme had an average growth rate of 1,287%.