Monday, 19 September 2011

Adconion ranked as one of the UK's fastest growing technology companies for the 2nd consecutive year

LONDON, September 19th, 2011 –Adconion Media Group (www.adconion.com), one of the largest independent global audience and video content networks has been ranked 15th in this year’s Sunday Times Tech Track 100.

The Sunday Times Tech Track 100 ranks the UK’s top 100 private technology companies with the fastest growing sales. Companies are ranked by their compound annual growth rate (CAGR) in sales over three years. The 2011 league table ranks companies based on the latest accounts (i.e. 2010 or 2011) and a base year of 2007 or 2008, where sales of at least £250,000 must have been achieved.

Other notable entries in the 2011 list, which was published by the Sunday Times on 18th September, are: Wonga.com, ISpy, Fitnetix and Essence.

Matt Hunt, Managing Director, Adconion UK, said: “It’s clear to see from this year’s results that the digital sector is thriving.  However, that doesn’t mean success comes easily.  Being ranked in The Sunday Times Tech Track 100 for the second year in a row is testament to the hard work and commitment of our team.  We have invested heavily in our own proprietary technology platform and this has enabled us to differentiate ourselves and create an offering that remains unique in the market today.”

The 11th annual Tech Track 100 awards dinner will be held at Vinopolis in London in November.