Qumas wins award for fourth year running
Dateline: 16 October 2003
QUMAS, the leading provider of Enterprise Compliance Management solutions for the Life Sciences industry, today announced that for an unprecedented fourth time in succession, Deloitte has named the firm as one of the fastest growing international technology companies. At a gala ceremony, Deloitte unveiled the Technology Fast 50highlighting QUMAS as one of a select group of firms to have been included in all four Fast 50 rankings to date.
Commenting on the awards Deloitte's Partner David O’Flanagan continued “This program seeks out those companies that have shown impressive growth rates in the telecommunications, hardware, software and biotechnology markets over the last three financial years. Despite the difficult global environment, Irish technology companies are continuing to grow with average turnover growth of more than 269% in a three-year period. We are delighted to see that many companies have achieved a ranking in all previous Fast 50 program – including VistaTEC, Connect Global Solutions, Mapflow and QUMAS. We are also pleased to see 16 new entrants in this year’s
program.”
Accepting the award for QUMAS was co-founder and CEO Paul Hands. He said, “Since our trip to this podium last year, QUMAS has continued to demonstrate exponential growth in terms of revenues as well as other performance measures including profitability, employee numbers and customers.” He continued, “As our solutions address a critical need for the life sciences industry, demand continues to grow and we’re again on target for another record year in terms of revenue growth and profitability.”