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Meridio wins the Tech Track 100 Best use of Technology Award
Meridio was recognized at the Sunday Times Microsoft Tech Track 100 awards by being listed at number fifty in their table of private UK companies. We subsequently won the Tech Track 100 Best use of Technology Award. This award, sponsored by Microsoft recognizes Meridio's innovative use of technology.
Britain's rising tech stars honoured
30 November 05 - Britain's 100 fastest-growing private technology companies were honoured at the fifth annual Sunday Times Microsoft Tech Track 100 awards event, held at the Congress
Centre in London on 29th November.
The audience was made up of successful entrepreneurs running companies on the
latest Tech Track 100 league table, which ranks Britain's fastest-growing private technology companies based on sales growth over the last two years.
The awards evening started with a talk from Peter Jones, founder of Phones International, who is also appearing as a panellist on BBC2's Dragon's Den. The dinner ended with a presentation from Will Whitehorn, who is spearheading Sir Richard
Branson's space tourism venture, Virgin Galactic.
Tech Track 100 sponsors' awards
The Tech Track 100 award for the fastest-growing company, sponsored by Microsoft and presented by the UK business and marketing officer Nick Barley, was awarded to Matthew Riley, founder and chief executive and Matthew Peters, finance director of
Lancashire-based Daisy Communications. Founded using a £20,000 loan in 2001, this telecoms service provider has grown its sales by an impressive 460% per year from £290,000 in 2002 to £9m in 2004.
The Tech Track 100 best use of technology award, also sponsored by Microsoft, was presented by Nick Barley to Brian Baird, chief executive of Belfast-based software developer Meridio. Meridio's document management software is used by the MoD and Ofsted. It has raised almost £10m venture capital since 2001.
The Tech Track 100 award for international expansion, sponsored by ARM and presented by chief financial officer Tim Score, was awarded to Stephen Millard, marketing vice president of security software developer MessageLabs. Based in
Gloucestershire, MessageLabs generates 70% of sales overseas and its software
scans e-mails for viruses and spam across four continents.
The Tech Track 100 award for best management team, sponsored by PricewaterhouseCoopers and presented by partner Keith Evans, was awarded to
Michael Ross, chief executive of London-based online clothing retailer figleaves.com. The winning management team previously worked at McKinsey's and Amazon and has recently raised VC to help expansion into the US.
The Tech Track 100 research and development award, sponsored by The Sunday Times and presented by business editor John Waples, was awarded to co-founder Paul Adcock and Mark Lawson-Statham, chief executive of Intelligent Energy, which develops fuel cell technology. The London-based company spent over £6m on R&D
last year and Boeing is using its technology for the first fuel-cell-powered manned flight.
Notes for editors:
The league table
Now in its fifth year, The Sunday Times Microsoft Tech Track 100 is compiled by Oxford-based research and events company Fast Track, and was published on 25th September 2005, and on www.fasttrack.co.uk.
Fast Track
Fast Track is a research, publishing and networking events company that tracks Britain's top-performing private companies. It also produces four other annual league tables: Fast Track 100, based on fastest-growing sales; Profit Track 100 based on fastest-growing profits; Top Track 250 ranks the biggest mid-market private companies
and Top Track 100 ranks the largest private companies.
Fast Track was founded and is run by Dr Hamish Stevenson, who is also an associate fellow of Templeton College, Oxford University.
www.fasttrack.co.uk
Microsoft
Microsoft provides SME organisations with the technology they need to excel in their markets, based on Microsoft server, client and developer technologies as well as the comprehensive business applications offered by Microsoft Business Solutions.
www.microsoft.com/uk
PricewaterhouseCoopers
PricewaterhouseCoopers provides assurance, tax and advisory services based on
quality, integrity and industry experience. More than 120,000 people in 144 countries
connect their thinking, experience and solutions to build trust and enhance value -
whatever the size of your organisation.
www.pwc.com/uk
The Sunday Times
The Sunday Times is Britain's leading broadsheet newspaper attracting three million
readers every week. It is the leading business newspaper, read by more than half a
million business leaders – over 50% more directors each Sunday than the combined
readership of its three main rivals.
www.timesonline.co.uk
ARM
ARM was set up in 1990 by twelve engineers and is now one of the UK's leading
technology companies listed on the London Stock Exchange. The microchip designer
provides "The Architecture For The Digital World™" and earns licensing and royalty
fees from manufacturers that incorporate its chip designs into a range of products,
including mobile phones and digital cameras.
www.arm.com
http://www.fasttrack100.co.uk/test/fasttrack2002/press/Tech05_press_release.pdf
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