Meridio ranked Fourth in the Irish Deloitte Technology Fast 50
Meridio attributes its 1456 Percent Revenue Growth to key international customer wins and its global partnership with Microsoft.
Belfast, Co Antrim, 25 November 05 — Meridio today announced that it ranked Number Four in the 2005 Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in Ireland, sponsored by InterTradeIreland. Rankings are based on average percentage revenue growth over five years. Meridio grew 1456 percent during this period. Meridio was ranked as the fastest growing technology company in Northern Ireland.
Meridio's CEO, Brian Baird, credits key international customer wins and their partnership with Microsoft with the company's 1456 % revenue growth over the past five years. He said, "Meridio has expanded its business worldwide through working with key partners and in particular with Microsoft. Our global partnership with Microsoft has enabled us to uniquely integrate with the Microsoft Office System and together with Microsoft provide a compelling Enterprise Content Management solution to major global corporations. Working together with our partners, Meridio's business has grown to over 150 customers in 20 countries representing close to half a million licensed users of our software."
Announcing the winners of the Technology Fast 50 programme, Tom Keenan, Partner with Deloitte, Belfast said: "We are delighted to see the Technology Fast 50 go from strength to strength and tonight's finalists provide us with a great barometer to assess the state of the emerging technology sector in Ireland. Performance indicators from this year's list are very positive, representing an impressive average increase in revenue of almost 190 per cent on last year."
We are delighted that InterTradeIreland and IEE have joined us in encouraging fast-growing companies to showcase their businesses and to contribute to the next wave of innovation in the Irish technology sector".
The Technology Fast 50 programme recognises and ranks the fastest-growing technology companies in Northern Ireland and the Republic of Ireland.
Editor's Notes:
About Meridio
Meridio is a leading worldwide provider of enterprise Document and Records management software, engineered for Microsoft .NET platforms. Meridio's mission is to enable its clients to manage unstructured data across the enterprise to meet their goals of regulatory compliance, business efficiency and profitability through Information Superiority™. With massive scalability, exceptional usability, and proven deployment success, Meridio's information superiority solutions mean compliance without compromise.
Deloitte Technology Fast 50
To qualify for the Deloitte Fast 50 Programme a company must have been:
In business for a minimum of 5 years
Entries must be considered a technology company, defined as:
producing technology
manufacturing technology-related products
technologically intensive or uses unique technology in problem-solving
devoting a high percentage of effort to research and development of technology
The parent company must be owned and headquartered in Ireland (subsidiaries do not qualify)
Turnover must be over €50,000 in 2000
Eligibility criteria for the Rising Starts competition:
In business for a minimum of three years but no more than five
Entrants must be a technology company, defined as:
producing technology
manufacturing technology- related products
technologically intensive or using unique technology in problem-solving
devoting a high percentage of effort to research and development of technology
The parent company must be owned and headquartered in Ireland (subsidiaries do not qualify)
Entrants must have turnover of over euros 30,000 in 2002
The Technology Fast 50 programme was originally started in San Jose, the centre of Silicon Valley, California in 1995 and has expanded across the globe in the last six years. Both the regional Technology Fast 50 and the national Technology Fast 500 were created to recognise the outstanding contribution of fast growing technology companies to the US economy.
Deloitte, one of Ireland's leading professional services firms, provides audit, tax, consulting and financial advisory services through nearly 950 people in Dublin, Cork, Limerick and Belfast. Known as employer of choice for its innovative human resources programmes, the firm is dedicated to helping its clients and its people excel.
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