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Jungo Ranked 20th Fastest Growing Technology Company in Israel for Deloitte Technology “Fast 50”


Award Marks Jungo’s 3rd Straight Year On Fast 50 List Of High Growth Companies

SAN JOSE, Calif., November 13, 2006

Jungo Ltd., the leading provider of broadband gateway middleware, today announced that it was ranked the 20th Fastest Growing company in Israel, according to the Deloitte Technology Fast 50, which ranks the fastest growing high-tech companies both private and publicly held on the basis of percentage growth in revenues between 2001 and 2005.

"Achieving sustained revenue growth of 445% over five years is a tremendous accomplishment for a technology company operating in a competitive world”, said Asher Mechlovich, partner in charge of the Deloitte Brightman Almagor Israel Technology Fast 50 Program.” Jungo deserves a lot of credit for its remarkable growth, and we commend them for it."

"We are honored to have been awarded this prestigious award and feel it is a tribute to the Jungo employees’ passion, determination and commitment”, said Ofer Vilenski, Jungo’s Chief Executive Officer. ”The past five years have been exciting and challenging and I am enthusiastically looking forward to the future.”



About Jungo

Jungo develops the market leading broadband services software platform, which enables operators to have the simplest development, integration, deployment and support of broadband Customer Premises Equipment (CPE) in the market. Jungo is private company with offices around the globe.

See www.jungo.com for more information about Jungo Ltd.



Contact Details:

Judy Fried
Marketing Communication Coordinator
Jungo Software Technologies Inc.
Email: judy@jungo.com
Website: www.jungo.com
Tel: +972-9-8859365 ext. 132