Actimize Ranked Number Seven Fastest Growing Technology Company on the 2005 Deloitte Technology Fast 500 EMEA; Attributes its 8,221 Percent Revenue Growth to Solutions' Flexibility and Superior Technology Platform.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Actimize Inc., provider of enterprise technology solutions for operational risk management, today announced that it ranked number seven on the 2005 Deloitte Technology Fast 500 EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets. , 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 2000-2004. Actimize grew 8,221 percent during this period. Actimize's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , David Sosna, credits the flexibility of Actimize's solutions and its superior technology platform with the company's 8,221 percent revenue growth over the past five years. He said, "The recognition of our growth by Deloitte's Technology Fast 500 EMEA program is a great validation See validate. validation - The stage in the software life-cycle at the end of the development process where software is evaluated to ensure that it complies with the requirements. of not only our technology solutions for fraud and compliance, but also our ability to win and retain a wide range of customers--from global financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. companies to smaller mid-market firms." "Attracting enough customers to attain such fast growth over five years makes a strong statement about the quality of a company's product and its leadership," said Eric Morgain, partner in charge of Deloitte's Technology Fast 500 EMEA program. "Actimize has shown the right stuff for growth." Overall, companies that ranked on the 2005 Technology Fast 500 had an average growth rate of 935 percent. Fast 500 Selection and Qualifications The Technology Fast 500 list is compiled from Deloitte's EMEA Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have had 2000 operating revenues operating revenue Revenue from any regular source. Revenue from sales is adjusted for discounts and returns when calculating operating revenue. Compare other revenue. of at least EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 50,000 and 2004 operating revenues of at least EUR 800,000. Entrants must also be public or private companies headquartered in EMEA and must be a "technology company," defined as a company that owns proprietary technology that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology in a unique way does not qualify. About Actimize Founded in 1999 by experts in data management and business intelligence, Actimize is a leading provider of enterprise software solutions for Operational Risk Management including Anti-Money Laundering Anti-money laundering ("AML") is a term mainly used in the financial and legal industries to describe the legal controls that require financial institutions and other regulated entities to prevent or report money laundering activities. , Fraud Prevention, and Regulatory Compliance solutions. The Actimize platform is used by eight of the top ten financial services organizations and in total provides surveillance and compliance monitoring for over US$4 trillion in assets. Actimize solutions are currently implemented at leading financial services institutions including banks, brokerages, and insurance firms as well as regulatory bodies and government agencies. For more information about Actimize, visit our web site at www.Actimize.com. About Deloitte Brightman Almagor Deloitte Brightman Almagor is one of Israel's leading professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. firms, providing a wide range of world-class audit, tax, consulting, financial advisory and trust services. Our 38 partners and over 700 employees serve domestic and international clients, public institutions and promising fast-growth companies whose shares are traded on the Israeli, US and European capital The term European capital may refer to:
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