Polystar Once Again Ranked Among Fastest Growing Companies in Sweden

STOCKHOLM, Aug. 18, 2011 /PRNewswire/ -- (http://www.myprgenie.com) - Polystar, a leading supplier of Service Assurance, Network Monitoring and Test Solutions for the telecom market, today announced that it has once again been ranked as one of the fastest growing companies in Sweden.

For the second consecutive year, Polystar was named one of the fastest growing companies in Sweden, according to the 18th annual Growth Ranking List, published by Ahrens Rapid Growth. It is considered to be the only list in Sweden intended to illustrate the very best of the fastest growing and persistently profitable companies.

Around 800 companies across Sweden were nominated to the Growth Ranking List this year, 41 of which could meet the strict qualification requirements. In order to qualify, companies must demonstrate an average organic annual growth of 25 per cent over the last six years, a substantial turnover, and profitability. The companies must also have their base of operations located in Sweden and be independent from individual customers or groups. Polystar fulfilled all the criteria for this award and earned its top ranking by growing 47 per cent over the past three years.

"This is yet another exciting milestone for Polystar," said Mikael Grill, CEO of Polystar. "We owe our growth to our customers who value our innovative products and exceptional services. Polystar strives to align its business objectives with those of the clients; this enables us to accelerate our growth and scale our ability to meet our customers' business operations needs. We are looking forward to continuing to expand our company and leadership in the Service Management and Test & Measurement market."

About Polystar

Polystar is the premier supplier of Service Assurance, Network Monitoring and Test Solutions to leading telecom operators, service providers and network equipment manufacturers around the globe. Polystar's innovative product portfolio supports the complete lifecycle of new services and technologies -- from design, pre-deployment verification and stress-testing, through roll-out, down to network assurance and service management of in-service mobile, fixed, IP or converged networks. Polystar is recognized as one of the fastest-growing companies in Sweden. Since its establishment in Stockholm in 1983, it has experienced a continuous and sustainable growth, and evolved to a global presence, serving its customers in over 50 countries.

For more information, please visit http://www.polystar.com.

Media Contact:
Polystar
Inna Ott
Marketing Manager
+46 8 50 600 600 

SOURCE Polystar