Exent Ranked 460th Fastest Growing Technology Company on the Deloitte Technology Fast 500 EMEA 2010, and 20th Fastest Growing Technology Company on the Deloitte Technology Fast 50 Israel 2010
Company's 7th Consecutive Time in the Fast 50 Israel Ranking; 373 Percent Revenue Growth due to Exent's Innovative Vision and Continued Commitment to Delivering World's Best Game Service
NEW YORK, Jan. 10, 2011 /PRNewswire/ -- Exent today announced that it was named number 460 on the Deloitte Technology Fast 500 EMEA 2010, a ranking of the 500 fastest growing technology companies in EMEA. Rankings are based on percentage revenue growth over five years. Exent grew 373 percent during this period.
Exent's CEO, Zvi Levgoren, credits the company's expanded offerings, cutting-edge technology platform and strategic partnerships with leading game publishers and service providers with its 373 percent revenue growth.
"We are honored to be named among the fastest growing technology companies in the Deloitte Technology Fast 500 EMEA and Fast 50 Israel. Being recognized year after year is yet another indication that we are a true technology leader," said Zvi Levgoren, CEO, Exent. "Our growth is a direct result of our hard work and dedication to providing a superior gaming experience by delivering the most diverse PC game catalog in the industry. We look forward to expanding our offerings in 2011 to allow more people to enjoy their favorite games anytime, anywhere."
Exent, was also ranked 345th in the 2009 Deloitte Technology Fast 500 EMEA. Overall, companies that ranked on the Deloitte Technology Fast 500 EMEA 2010 program had an average growth rate of 1,192 percent. In addition to ranking in the Deloitte Technology Fast 500, Exent ranked 20th in the Israel Deloitte Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in Israel. Exent is one of the only companies to be ranked on Deloitte's Technology Fast 50 Israel for seven consecutive years, and Deloitte's Technology Fast 500 EMEA for six consecutive years.
"Making the Deloitte Technology Fast 500 EMEA ranking is a testament to a company's commitment to technology," said David Halstead, Deloitte United Kingdom and partner in charge of the Deloitte Technology Fast 500 EMEA programme. "With its 373 percent growth rate over five years, Exent has proven that its leadership has the vision and determination to grow in difficult conditions."
Specializing in the marketing, merchandising and broadband-based distribution of video games, Exent combines superior technology and content programming expertise to deliver strong consumer value and engagement and greater loyalty and revenue for service providers and video game publishers. Exent's record of innovation is well recognized in the industry. Earlier this year, the company launched a new GameTanium™ OnDemand service, combining the world's largest PC games catalog, numerous merchandising features and a cutting-edge technology platform. The service has been launched on Verizon and will be rolling out on several other service providers in 2011. Exent also recently introduced the GameTreat Web App, a free app that once embedded, allows website owners to offer more than 250 top quality casual games to their site for free.
Deloitte Technology Fast 500 EMEA selection and qualifications
The Technology Fast 500 list is compiled from the Deloitte EMEA Technology Fast 50 programmes, nominations submitted directly to the Technology Fast 500, and public company database research. To qualify for the Technology Fast 500, entrants must have had base-year operating revenues of at least 50,000 Euro and current-year operating revenues of at least 800,000 Euro. Entrants must also be public or private companies headquartered in EMEA and must be a -- technology company, defined as a company that develops or owns proprietary technology that contributes to a significant portion of the company's operating revenues; or manufactures a technology-related product; or devotes a high percentage of effort to the research and development of technology. Using other companies' technology in a unique way does not qualify.
About Deloitte Technology Fast 500 EMEA
The Deloitte Technology Fast 500 EMEA is the region's most objective industry-ranking standard to focus on the technology field and recognizes technology companies that have achieved the fastest rates of revenue growth in Europe, the Middle East and Africa during the past five years. Combining technological innovation, entrepreneurship and rapid growth, Fast 500 companies – large, small, public and private – span a variety of industry sectors, and are leaders in hardware, software, telecom, semiconductors, internet, media, life sciences and emerging areas, such as clean technology.
The programme is supported by the Deloitte Technology Fast 50 initiatives, which rank high growth technology companies by location or specifically defined geographic area and is run by the Deloitte Touche Tohmatsu Limited's Technology, Media & Telecommunications (TMT) global industry group. Co-sponsors include Taylor Wessing, a leading International law firm with a focus on the industries of tomorrow, and Fidelity Growth Partners Europe, a venture and growth capital investor which backs entrepreneur with aspiration for greatness in the IT and clean technology sectors across Europe.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms. Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 140 countries, Deloitte brings world-class capabilities and deep local expertise to help clients succeed wherever they operate. Deloitte's approximately 170,000 professionals are committed to becoming the standard of excellence.
About Exent
Exent is the leading global market solutions provider for broadband-based monetization of PC and video games. Exent delivers technologies and products for various markets, including video game publishers, broadband service providers, consumer portals, consumer electronic manufacturers, media companies, ad agencies, brand owners, retailers and others.
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SOURCE Exent
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