Technology Fast 50

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Technology, Media & Telecommunications
Technology Fast 50
Israel 2004
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2004 Deloitte Technology Fast 50
Technology Fast 50 Program
Technology Fast 50 Program
Global
The Deloitte Technology Fast 50 program is conducted in
19 US regions, Canada, UK (6 regions), Ireland, France,
The Netherlands, 17 Countries from Central Europe, Australia,
Hong Kong - China, Japan, South Korea, Italy, Germany,
Sweden, Norway, Denmark and Israel.
Local
This is the fifth year that Deloitte Brightman Almagor is
conducting the program in Israel.
Participants
The Technology Fast 50 list consists of public and private
Israeli technology companies that fit the criteria of the
program. The sources for the companies that make up the
list include public company databases and private company
direct nominations.
Growth Measured by Revenues
The 2004 Israeli Technology Fast 50 program ranks the
Israeli technology companies upon their five-year percentage
growth in revenue between 1999 and 2003.
The Benefits of Being a Winner
As a Technology Fast 50 winner the company enters an
exclusive international community together with technology
companies from all around the world. Being part of this
group exposes the company to a vast variety of advantages
and opportunities for leveraging the company, for business
development and for achieving the company's goals.
These opportunities include:
The opportunity to network with other Israeli technology
companies, VCs and business organizations at the Fast
50 awards ceremony.
The opportunity to take part in specialized and professional
activities conducted by Deloitte for Fast 50 companies,
such as round tables, world wide web conferences,
professional courses and workshops, etc.
Automatic registration for the Technology Fast 500 EMEA
program. The event will be held in London on December
2, 2004. All winners will be exposed to the entire Fast
500 list of winners and will be assisted by the local
Deloitte office and practitioners in each country to contact
and network with any of the winning companies around
the world according to their request.
Media exposure and recognition from financial and
business communities around the world.
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Criteria - How to participate?
Companies can nominate themselves or be nominated by
a third party, and must submit a completed nomination
form and required attachments. To be eligible for the
Technology Fast 50, a company must meet the following
criteria:
Be a technology company defined as follows:
Owning proprietary technology that contributes to a
significant portion of the company’s revenues.
Devoting a significant proportion of effort to research
and development of technology.
Revenues for 1999 must be at least USD 50,000.
Be in business a minimum of five years.
Be headquartered within Israel.
Fast 500 EMEA Awards
December 2nd, 2004
The Deloitte Technology Fast 500 EMEA program ranks
the 500 public and private technology, media and
telcommunications (TMT) companies based in Europe, the
Middle East and Africa (EMEA) that have achieved the fastest
rates of annual revenue growth during the past five years.
The winners will be announced at an event which will be
held in London on Tuesday, December 2nd, 2004.
For more information about the Deloitte Technology Fast
50/500 programs, please contact:
Yael Shindler via telephone at +972 (3) 608 5314
or email at: [email protected]
Cautious Optimism
The global technology sector has seen a market improvement
over the past 12 months. During this period investment
levels have risen, a number of IPOs have taken place and
company revenues have increased. Companies on this year's
list have shown continued growth and stability after some
tough years. Despite all of the above, the technology sector
is still vulnerable to external changes, such as interest rates,
political upheaval both local and abroad, terrorism etc. In
order to continue their success and growth over the next
year, companies should continue to be driven by experienced
managers, focused business strategies, focus on technologies
that provide real value, returns and viable markets and
consider M&A possibilities.
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2004 Deloitte Technology Fast 50
Technology Fast 50 Program
And the Winners Are...
The 2004 Technology Fast 50 companies have shown
revenue growth rates with an average of 1,049% compared
to the 2003 Fast 50 companies that showed an average
of 559%. The top 10 companies grew an average of
4,219% compared to the top 10 companies last year that
averaged a growth percentage of 2,163%. Revenues for
the 2004 program's top company; the Internet Company
Shopping.com grew 12,669% between 1999 and the year
2003.
In the 2004 Fast 50 list, as in the 2003 Fast 50 list, the
dominant technology geographical region continues to be
Tel Aviv and Center of the country area with 44% of the
companies residing in this area. An increase can be seen in
the number of companies from the Sharon with 32%
residing in that area compared to 26% on the 2003 Fast
50 list.
Average Five Year Growth of Industry Segments
Private companies make up 46% of the 2004 Fast 50 list.
38% of the companies on the list are in the software
industry compared to 44% on the 2003 Fast 50 list. On
the other hand, an increase in the number of companies
in the Communications industry can be seen on this year's
list (18% on the 2004 Fast 50 list compared to 12% on
the 2003 Fast 50 list).
12669%
13000%
11000%
9000%
7000%
5000%
3000%
1000%
663% 972%
0
Information
Technology
1548% 1281%
258% 215% 322%
Capital Equipment,
LIfe Science
Semiconductors,
(Biotechnology/
Pharma & Medical
Computer &
peripheral
Devices)
833%
163% 206%
Communications/
Networking
Other
Internet
2003
Average Growth (%)
2004
4500%
4219%
Running Winners
Among the 2004 Fast 50 winners there are two companies
that have been among the winners in all five Fast 50
programs, 10 companies that have been Fast 50 winners
in four Fast 50 programs and 19 companies that have been
among the winners in three Fast 50 programs.
4000%
3500%
3000%
2500%
2163%
2000%
1500%
1049%
*The program's criteria changed during 2001 and 2003.
1000%
559%
500%
0%
2003
2004
5 Years General Growth Average
5 Years Top 10 Average Growth
The Life Science and Biotech companies show the highest
average growth percentage among all of the sectors with
1,548% followed by a 972% growth in the software
industry and 833% in the Communications sector.
Fast 50 Companies by Industry Segments
50%
45%
40%
44%
38%
35%
30%
25%
20%
18% 18%
15%
16%
18%
14%
12%
10%
10% 10%
5%
2%
0%
Information
Technology
Capital Equipment,
LIfe Science
Semiconductors,
(Biotechnology/
Computer &
Pharma & Medical
peripheral
Devices)
Communications/
Networking
Other
Internet
2003
2004
Special thanks to our sponsors:
Cellcom, Motorola, PNV, Maariv, Poalim Capital Markets,
Tel-Aviv Municipality.
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2004 Deloitte Technology Fast 50
Israel 2004 - Technology Fast 50 Ranking
Israel 2004
Technology Fast 50 Ranking
Rank Company Name
5 year
CEO/
% growth President
WebSite
1
Shopping.com Inc.
Internet
12669%
Daniel Ciporin
www.shopping.com
2
VersaMed Medical Systems Inc.
Life Science / Biotech
9174%
Jerry Korten
www.versamed.com
3
Schema
Software
7619%
Dr. Yosi Ben-Dov
www.schema.com
4
Expand Networks Ltd.
Communications
3904%
Zohar Pearl
www.expand.com
5
ClearForest
Software
2289%
Barak Pridor
www.clearforest.com
6
MaxBill Ltd.
Software
2021%
Michah Himmelman www.maxbill.com
7
Allot Communications Ltd.
Communications
1347%
Yigal Jacoby
www.allot.com
8
iMDsoft Ltd.
Software
1212%
Phyllis Gotlib
www.imdsoft.com
9
Onset Technology Ltd.
Software
993%
Gadi Mazor
www.onsettechnology.com
10
Shunra Software
Software
961%
Benny Daon
www.shunra.com
11
F.T.S - Formula Telecom Solutions Ltd. Software
806%
Amos Sivan
www.fts-soft.com
12
Jungo Ltd.
Software
675%
Ofer Vilenski
www.jungo.com
13
Ceragon Networks Ltd.
Communications
656%
Shraga Katz
www.ceragon.com
14
MediVision Medical Imaging
Life Science / Biotech
627%
Noam Alon
www.medivision-ois.com
15
AROTECH*
Other
543%
Robert S. Ehrlich
www.arotech.com
16
Galil Medical Ltd.
Life Science / Biotech
501%
Yaron Tal
www.galilmedical.com
17
Mango DSP Ltd.
Computer and Peripheral 471%
Baruch Peled
www.mangodsp.com
18
PowerDsine Ltd.
Communications
420%
Igal Rotem
www.powerdsine.com
19
Fibrolan Ltd.
Communications
349%
Israel Stein
www.fibrolan.com
20
M-Systems
Computer and Peripheral 327%
Dov Moran
www.m-systems.com
21
Verisity
Software
323%
Moshe Gavrielov
www.verisity.com
22
Radware Ltd.
Communications
287%
Roy Zisapel
www.radware.com
23
Retalix Ltd.
Software
271%
Barry Shaked
www.retalix.com
24
On Track Innovation
Other
264%
Oded Bashan
www.oti.global.com
25
Zoran Corporation
Semiconductors
251%
Dr. Levy Gerzberg
www.zoran.com
*formerly: Electric Fuel Corporation
4
Field
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2004 Deloitte Technology Fast 50
Israel 2004 - Technology Fast 50 Ranking
Israel 2004
Technology Fast 50 Ranking
Rank Company Name
Field
5 year
CEO/
% growth President
WebSite
26
Vizrt
Software
244%
Bjarne Berg
www.vizrt.com
27
FIS Software Ltd.
Software
237%
Eyal Hakner
www.fissoftware.com
28
Pegasus Technologies Ltd.
Computer and Peripheral 216%
Gidi Shenholz
www.pegatech.com
29
Oridion Systems
Life Science / Biotech
201%
Alan Adler
www.oridion.com
30
Lipman Ltd.
Computer and Peripheral 198%
Isaac Angel
www.lipman.co.il
31
Visionix
Computer and Peripheral 196%
Dr. Marc Abitbol
www.visionix.com
32
Shiron Satellite Communications
Communications
195%
Meir Kollmann
www.shiron.com
33
Radvision Ltd.
Communications
192%
Gadi Tamari
www.radvision.com
34
Identify Software
Software
192%
Yochi Slonim
www.identify.com
35
Teva Pharmaceutical Industries
Life Science / Biotech
155%
Israel Makov
www.teva.co.il
36
Medcon
Software
145%
Uzi Blumensohn
www.medcon.com
37
Scopus Network Technologies Ltd.
Communications
143%
David Mahleb
www.scopus.net
38
Clicksoftware Technologies Ltd.
Software
125%
Dr. Moshe BenBassat
www.clicksoftware.com
39
Medispec Ltd.
Life Science / Biotech
124%
Avner Spector
www.medispec.com
40
Sabratec Ltd.
Software
120%
Orna Mintz-Dov
www.sabratec.com
41
DSP Group
Semiconductors
100%
Eli Ayalon
www.dspg.com
42
Check Point Software Technologies Ltd. Software
97%
Gil Shwed
www.checkpoint.com
43
AVT-Advanced Vision Technology Ltd. Computer and Peripheral 95%
Shlomo Amir
www.avt-inc.com
44
NICE Systems
Other
91%
Haim Shani
www.nice.com
45
Gteko Ltd.
Software
87%
Dr. Joshua Glazer
www.gteko.com
46
Ophir Optronics Ltd.
Computer and Peripheral 82%
Yacov Zerem
www.ophiropt.com
47
Payton Planar Magnetics
Other
76%
David Yativ
www.paytongroup.com
48
MIND CTI
Software
58%
Monica Eisinger
www.mindcti.com
49
Dmatek
Other
57%
Yoav Reisman
www.dmatek.com
50
Savient Pharmaceuticals Inc.
Life Science / Biotech
55%
Christopher G.Clement www.savientpharma.com
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2004 Deloitte Technology Fast 50
Top 7 Companies
Top 7 Companies
No.1
Shopping.com Inc.
Daniel Ciporin,
Chairman & CEO
Shopping.com, Inc. is a leading provider of comparison shopping resources. Its
flagship website Shopping.com (www.shopping.com) is a comparison shopping
service that helps people use the power of information to make the best
shopping decisions.
Shopping.com launched in September 2003, and is the result of the April 2003
merger of two pioneering Internet companies: DealTime, a leading shopping
search engine; and Epinions, a leading consumer reviews platform.
Shopping.com is committed to delivering the world's ultimate shopping
experience.
Today, Shopping.com is the only comparison shopping service that combines
millions of consumer product reviews with detailed price information on millions
of products from thousands of stores to help people find, compare and buy
anything.
No.2
VersaMed Medical Systems Inc.
Jerry Korten,
President & CEO
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VersaMed was established in 1994 as a leader in the development, manufacture
and marketing of intelligent ventilation systems. VersaMed's flagship product,
the iVent™ 201 is engineered and dedicated to quality. PC-based, lightweight,
and fully functional, this ventilator is shaping the future of ventilation forever.
Designed to follow the patient through each clinical episode, iVent™ 201 is
the world's only anytime, anywhere ventilator. The iVent™ 201 is ideal for use
in a wide variety of settings including critical care, emergency, transport, subacute and in the home.
The company’s statement is: “We're not just developing a ventilator. We are
developing the next generation of ventilation, and this will change the face of
ventilation forever. We are not in business to compete with the pack. We are
in business to redefine the game. Our ventilator and our technology are destined
to soon be the standard. And that is just the beginning for VersaMed”.
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2004 Deloitte Technology Fast 50
Top 7 Companies
No.3
Schema
Dr. Yosi Ben-Dov,
CEO
Schema offers a unique approach to optimization and related network
management by enabling operators to increase performance and efficiency,
reduce costs, and improve visibility across voice and data networks.
Schema's innovative solutions assist operators to optimize existing 2G and
2.5G environments and improve network quality, while simultaneously deploying
3G networks in a timely, cost-efficient manner.
Schema's comprehensive offering for Radio Access (RAN) and Transport Network
Optimization (TNO) enhances reliability and significantly reduces costs.
From initial network design, to rollout, and on to subsequent monitoring of
ongoing network performance, Schema offers operators solutions to improve
even the most efficient of networks and increase ROI by maximizing utilization
of existing network infrastructure and resources.
No.4
Expand Networks Ltd.
Zohar Pearl,
CEO
10
Expand Networks is a leading provider of Application Traffic Management
solutions for the branch office. The company’s Accelerators take Application
Traffic Management to the next level by employing a modular and intelligent
application architecture that eliminates complexities associated with traditional
traffic management solutions. The Accelerators automatically adapt to changes
in traffic, remove WAN inefficiencies and maximize the performance of distributed
enterprise applications. The Accelerators combine many unique features including
next-generation WAN compression, application-specific acceleration, Layer 7
QoS and sophisticated monitoring and reporting. Expand has shipped over
20,000 Accelerator devices to more than 1,000 customers including Motorola,
Continental Airlines and the United States Department of Defense. Expand
Networks is headquartered in Roseland, New Jersey with offices in Australia,
Israel, Italy, Singapore, South Africa, United Kingdom and throughout the
United States.
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Technology Fast 50
Israel
11
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2004 Deloitte Technology Fast 50
Top 7 Companies
No.5
ClearForest
Barak Pridor,
CEO
ClearForest Corporation is a provider of text-driven business intelligence solutions,
supplying the analytical bridge between two previously disconnected worlds of
information--unstructured text and enterprise data. It’s award-winning solutions
offer manufacturers, publishers, federal, chemical & financial service organizations
critical links to situational context buried in text for use in Business Intelligence
[BI] systems.
Adding this situational context to enterprise data systems empowers organizations
to: uncover hidden relationships, evaluate events, discover unforeseen patterns
and facilitate problem identification for rapid resolution. Applying this intelligence
enables organizations to avoid loss of profit margins due to preventable writeoffs, customer churn, legal settlements, warranty claims or inefficient product
development cycles.
No.6
MaxBill Ltd.
Michah Himmelman,
President & CEO
MaxBill provides high quality, complete, cost-effective financial solutions for
service providers worldwide. MaxBill delivers a convergent, carrier-grade platform
to support the advanced and evolving business needs of both traditional (wireline,
wireless, utilities) and next generation (3G, PLC and IP) service providers. MaxBill
combines a powerful and scalable next-generation billing engine, service-enabling
platform and customer-centric CRM powered by universal workflows on a Universal
Consolidating Platform (UCP). MaxBill is unique in offering a comprehensive
solution that is both modular and rapidly deployable enabling comprehensive
service and revenue assurance.
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2004 Deloitte Technology Fast 50
Top 7 Companies
No.7
Allot Communications Ltd.
Yigal Jacoby,
CEO
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Allot Communications was founded in 1997 to empower networks for business.
The company offers traffic management solutions for enterprises and IP service
providers that improve network performance, throttle non-business uses of the
network and enable the deployment of business-critical, time-sensitive
applications.
Allot offers the industry's broadest range of bandwidth management solutions
with a combination of hardware/software products that suit any network
configuration. The NetEnforcer® family of LAN appliances offer best-of-class
traffic shaping technology for QoS/SLA enforcement, real-time IP monitoring,
IP accounting and load balancing. The NetReality® family of WAN appliances,
acquired from NetReality® in September 2002, offers award-winning technology
for QoS/SLA enforcement, real-time, centralized, IP monitoring and IP accounting
reporting. The NetPure® policy-based Internet content filter offers secondgeneration URL filtering based on artificial intelligence.
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Fast Forward with us
About Technology, Media &
Telecommunications (TMT) Group
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The TMT group provides strategic, financial, operational, and information technology consultancy to its technology,
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Contacts
To find out more how Deloitte’s TMT group can assist you, please contact us:
Igal Brightman
Global Managing Partner
Chairman & CEO
+972 (3) 608 5500
[email protected]
Ilan Birnfeld
Leader of the Israel TMT Group
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[email protected]
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