APPLICATIONS
Mellanox ranked 28 in Deloitte's Technology Fast 50 Program
Mellanox Technologies has been named to Deloitte's Technology Fast 50 Program for Silicon Valley Software and Information Technology (IT) companies. Rankings are based on the percentage revenue growth over five years from fiscal years 2003 to 2007. Mellanox’s increase in revenues of 728 percent from fiscal years 2003 to 2007 resulted in a 28 ranking in the Technology Fast 50 for Silicon Valley. “Our growth represents the increase in the number of mainstream enterprise business applications taking advantage of our InfiniBand and Ethernet interconnect performance, efficiency and low-power benefits,” said Eyal Waldman, chairman, president and CEO of Mellanox Technologies. “Moving forward, we plan to enhance our leadership position and further capitalize on the recent market growth of HPC and Enterprise server and storage markets.” “Sustaining high revenue growth over five years is an exceptional accomplishment. We commend Mellanox Technologies for making the commitment to technology and delivering on the promise of market longevity,” said Mark Jensen, Managing Partner, National Venture Capital Services, Deloitte & Touche LLP, in Silicon Valley. “We are proud to honor Mellanox as one of Deloitte’s Technology Fast 50.” To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in fiscal year 2003 and $5,000,000 in fiscal year 2007, be headquartered in the San Francisco Bay Area, 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 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.