Qumas wins award for second year running.

Dateline: 28 February 2002

QUMAS, the leading provider of Enterprise Compliance Management solutions for regulated industries, today announced that for the second year in a row, Deloitte & Touche has named QUMAS as one of the fastest growing international technology companies.

At a gala ceremony in Dublin, Deloitte & Touche unveiled its second annual Technology Fast 50 ranking and noted that QUMAS has realized 132.2% aggregate growth in revenue, placing the company 40th in this year’s programme.

Announcing the winners of the Technology Fast 50 Programme, David O’Flanagan, partner with Deloitte & Touche, said, “The past 18 months have been a rigorous test for the technology sector. However, these companies exemplify the phenomenal growth and diversity in the Irish technology sector with average turnover growth of more than 500% in a three-year period.”

The Technology Fast 50 Programme recognises and ranks the fastest-growing technology companies in Northern Ireland and the Republic of Ireland.

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 grow exponentially, and we thrive despite the current global economic challenges. Our industry-proven Enterprise Compliance Management products deliver high calibre performance to a strong market sector, and demand continues to increase. Over the past year, our dedicated employees have worked to position QUMAS to maintain our strong forward momentum, and we are all very pleased to be recognised for our efforts by Deloitte & Touche.”

Delta Partners Limited is regulated by the Central Bank of Ireland