Mellanox named to Deloitte's Technology Fast 50 Program for Silicon Valley

Mellanox Technologies has been named to Deloitte's prestigious Technology Fast 50 Program for Silicon Valley, a ranking of the fastest growing technology, media, telecommunications, and life sciences companies in the region by Deloitte & Touche USA LLP, one of the nation’s leading professional services organizations. Rankings are based on the percentage revenue growth over five years from 2002–2006. Mellanox’s increase in revenues of 1,113 percent from 2002 to 2006 resulted in a 12 ranking in the Software & Information Technology category of the Technology Fast 50 for Silicon Valley. “Our growth represents the increase in the number of enterprise and commercial applications taking advantage of our InfiniBand and Ethernet interconnect product performance, efficiency and low-power benefits, allowing end users to quickly solve their daily business IT challenges,” said Eyal Waldman, chairman, president and CEO of Mellanox Technologies. “We expect to continue our growth as we address green field vertical markets such as customer relationship management, e-retail, health services, insurance, and IT hosting.” “Deloitte’s Silicon Valley Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today’s very competitive technology environment,” said Mark Jensen, partner and national director, Venture Capital Services, Deloitte & Touche LLP. “We applaud the successes of Mellanox Technologies and acknowledge it as one of the very few to accomplish such a fast growth rate over the past five years.” To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2002 and $5,000,000 in 2006, be headquartered in Silicon Valley, and be a company that owns proprietary technology or proprietary intellectual property 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 or intellectual property in a unique way does not qualify. Companies from the 16 regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte’s Technology Fast 500 program, which ranks North America’s top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte’s Technology Fast 50 or Technology Fast 500 programs, visit its Web site. This year’s Silicon Valley Technology Fast 50 program is co-presented by Deloitte & Touche USA LLP and Silicon Valley Bank, Cooley Godward Kronish LLP, Korn/Ferry International, and Woodruff-Sawyer & Co.