We are proud to announce that IDIT I.D.I Technologies Ltd. was named among the winners on the 2007 Deloitte Technology Fast 500 EMEA, a ranking of the 500 fastest growing technology companies in Europe, Middle East and Africa. Rankings are based on percentage revenue growth over five years, from 2002–2006.
"Making the Deloitte Technology Fast 500 is commendable in today’s highly competitive technology industry," said Eric Morgain, partner in charge of Deloitte’s Technology Fast 500 EMEA program. "We congratulate IDIT Technologies on being one of the 500 fastest growing technology companies in EMEA."
Yoel Amir, CEO of IDIT Technologies commented: “It is gratifying that Deloitte strongly affirms our position in the technology sector. Our continuous investments in IDIT™ Software Suite and deep insurance domain expertise backed by our track record of successful implementations, increase the business value we deliver to our customers.”
In addition to ranking among the winners on Deloitte’s Technology Fast 500 EMEA, IDIT Technologies was also named as a winner on the 2007 Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in Israel. To determine the fastest growing companies, Deloitte reviewed fiscal year revenues over five years (2002-2006), calculated the revenue growth percentage over five years, and compared the growth of technology companies.
About IDIT:
IDIT I.D.I. Technologies Ltd. is a global provider of enterprise software solutions for the insurance & financial markets. Our solutions are based on IDIT™ Software Suite – an enterprise software product which integrates the business capabilities essential for any insurance provider.
Founded in 1998, IDIT I.D.I. Technologies is a member of the Formula Vision group (TASE: FVT) and employs over 100 insurance and IT experts across Europe, APAC and Israel. Its clients include Groupama, AON, PolisDirect, and Direct Insurance Financial Services among others. The company also has a number of strategic partnerships with leading systems integrators and consulting firms such as IBM, BSB, and CapGemini.
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Except for historical information contained herein, The matters set forth in this release are forward-looking statements that are dependent on certain risks and uncertainties, including such factors, among others, as market acceptance, market demand, pricing, changing regulatory environment, changing economic conditions, risks in new product and service development, the effect of the company's accounting policies and other risk factors.
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