Jungo Chosen for Deloitte Technology
Ranked 12th of 50 Fastest Growing Technology Companies in Israel
SAN JOSE, Calif., November 9, 2004JungoŽ Software Technologies, Inc., a leading provider of Home/SOHO gateway software, today announced that it was ranked the 12th Fastest Growing high-tech 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 1999 and 2003.
"Achieving sustained revenue growth of 675% over five years is a tremendous accomplishment during a difficult period for the technology sector," said Shlomi Anfang, Partner in charge of the Deloitte Brightman Almagor Technology Fast 50 program. "Jungo deserves a lot of credit for its remarkable growth, and we commend them for it."
"Jungo's tremendous growth is a tribute to the passion, determination, and commitment of our employees," 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 is a leading provider of software products and solutions that power residential broadband service offerings and connectivity solutions. Our residential broadband products enable 40 million of the world's residential gateways. Our connected home, application framework and remote management solutions let service providers easily launch value-added broadband services and manage and monitor their delivery. Jungo's unique home broadband offerings enable service providers to accelerate the introduction of a variety of innovative, revenue generating digital home services, while enhancing their competitive edge and reducing operational costs.
Jungo's connectivity solutions division offers extensive connectivity software solutions for USB and PCI, including WinDriver™, a driver development toolkit that enables developers to quickly create custom device drivers that can run on a multitude of operating systems without modification, and USBware™, a complete, high-quality embedded USB software protocol stack, allowing device manufacturers to easily incorporate standard USB OTG/Host/Device connectivity in their designs.
Jungo is owned by NDS, a leading global provider of end-to-end software solutions for the pay television industry. Jungo is owned by NDS, a leading global provider of end-to-end software solutions for the pay television industry.
To learn more, 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
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