Deloitte Fast 50 Technology Award

Nonlinear Dynamics has finished 4th in the Deloitte Fast 50 Technology Awards

Deloitte, the UK's fastest growing professional services firm, has unveiled its sixth annual ranking of Northern England's fastest growing technology companies. Nonlinear Dynamics was placed 4th in the region's prestigious list, having come 7th in last year's rankings. As a result, the Company was awarded North East Top Fast 50 Technology Company 2003 by The Journal for the second year running.

Deloitte created the Technology Fast 50 to support UK technology companies and to champion innovation in the sector. The programme tracks the growth rates of technology companies in seven regions in the UK and Ireland, culminating in a national ranking in December 2003.

The Technology Fast 50 programme aims to find those companies that have shown impressive growth rates in the telecommunications, hardware, software and biotechnology markets over the last three financial years. All companies considered for an award must be headquartered in the North of England, must be technology-intensive, use unique technology in problem-solving, or must devote a high percentage of effort to research and development.

Damian Sanders, technology partner for the Northern Fast 50, said: "Technology companies are already making a significant contribution to the region's economy and the recent rise in the stock market is triggering renewed interest in the sector. The Fast 50 is the only programme which recognises these achievers, which is why the awards are seen as the ultimate accolade by those companies which have entered and also by their peers."

William Touche, Chairman of the Technology Fast 50 Programme, said, "The Fast 50 programme has always been a reliable indicator of whether British innovation is leading to more growth and wealth creation. These companies have demonstrated how to survive and thrive in today's market by helping their customers reduce their costs and improve their performance. We are delighted that our sponsors have joined us in encouraging fast-growing companies to showcase their businesses and to contribute to the next wave of innovation in the UK's technology sector."

Will Dracup, CEO of Nonlinear Dynamics, said, "We are pleased to be recognised for the second consecutive year in the Fast 50 Awards and as The Journal Top Technology Company. We feel it reinforces the sound business practice behind our long established approach. For many years, we have focused on developing the best possible products, growing the business through reinvestment, and maintaining profitability. We look forward to continuing this approach over the coming years, maintaining our product evolution, launching new products, announcing new partnerships and building on our enviable customer base still further."

About Nonlinear Dynamics Ltd

Established in 1989, Nonlinear Dynamics is a leading worldwide provider of bioinformatics solutions to the life science industry. The Company's innovative product portfolio comprises high-quality analysis and data mining tools for 1D and 2D electrophoresis gels and microarrays, the core technologies of genomics and proteomics. Nonlinear sells and supports its products through its UK headquarters, its USA office, and its global network of partners and OEMs.

Contact us for more information, or contact our Marketing Department directly.
Released: 23 October 2003

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