Jungo Ranks Number 242 on Deloitte Technology’s Fast 500 EMEA - Fastest Growing Technology Companies in Europe

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Attributes its 445% Percent Revenue Growth to its Employees’ commitment to the early vision of the digital home

Netanya, Israel, 28. November 2006

Jungo today announced that it ranked Number 242 on the 2006 Deloitte Technology Fast 500 EMEA, a ranking of the 500 fastest growing technology companies in Europe, Middle East and Africa. Rankings are based on percentage revenue growth over five years, from 2001–2005. Jungo grew 445% percent during this period.

Jungo’s CEO, Mr. Ofer Vilenski, credits Jungo's employees' commitment to deliver a quality product and Jungo's innovative solution with the company’s 445% revenue growth over the past five years. He said, "Jungo became a market leader because we have been consistent in implementing our vision of the digital home, and we keep updating our vision to be ahead of the market needs."

"Making the Deloitte Technology Fast 500 is commendable in today’s highly competitive technology industry," said Eric Morgain, partner in charge of Deloitte’s Technology Fast 500 EMEA program. "We congratulate Jungo on being one of the 500 fastest growing technology companies in EMEA."

In addition to ranking on Deloitte’s Technology Fast 500, Jungo ranked Number 20 on the Israel Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in Israel.

Overall, companies that ranked on the 2006 Technology Fast 500 had an average growth rate of 1,395 percent.

Fast 500 Selection and Qualifications

The Technology Fast 500 list is compiled from Deloitte’s EMEA Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have had 2001 operating revenues of at least €50,000 and 2005 operating revenues of at least €800,000.

Entrants must also be public or private companies headquartered in EMEA and must be a “technology company,” defined as a company that owns proprietary technology that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology in a unique way does not qualify.

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