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

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

Netanya, Israel, November 28, 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 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/st.

 

By admin in on November 28, 2006