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 Ltd., an NDS Group company, is a provider of broadband home
value-added service solutions. Jungo's flagship products, OpenRG™
(
residential gateway software
platform) and OpenSMB™ (small and medium business gateway
software platform) enable broadband Operators to deliver managed
revenue-generating services to the digital home.
Jungo also offers driver development tools,
embedded USB software solutions ans
USB testing tools.
Jungo has partnered with leading operating system and silicon vendors to provide the best solutions for both software and hardware developers.
To find out more about Jungo Ltd. and our products, please visit
www.jungo.com.
This document may contain certain "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act of 1995.
These statements are based on management's views and assumptions regarding
future events and business performance as of the time the statements are
made. Actual results may differ materially from these expectations due to
changes in global economic, business, competitive market, regulatory and
other factors. More detailed information about these and other factors that
could affect future results is contained in our filings with the US
Securities and Exchange Commission. Any &auot;forward-looking
statements" included in this document are made only as of the date of
this document and we do not have any obligation, nor do we undertake, to
publicly update any "forward-looking statements" to reflect
subsequent events or circumstances, except as required by law.
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