IDIT I.D.I Technologies - A Deloitte Technology Fast 50 winner for 2008 |  | Date: 02/11/2008
IDIT I.D.I Technologies Ltd., was named as a winner on the 2008 Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in Israel. Making this list with 357% growth, for the second consecutive year, is a tremendous achievement for IDIT.
“Making the Deloitte Technology Fast 50 is a testament to a company’s commitment to technology”, said Asher Mechlovich, partner in charge of the Deloitte Brightman Almagor Zohar Israel Technology Fast 50 Program. “With its 357% growth rate over five years, IDIT Technologies has proven that its leadership has the vision and determination to grow in difficult conditions.”
Yoel Amir, CEO of IDIT Technologies commented: “It is gratifying that Deloitte strongly affirms, for the second consecutive year, our leading position in the technology sector. Our continuous investments in IDIT™ Software Suite and deep insurance domain expertise backed by our track record of successful implementations, increase the business value we deliver to our customers.”
To determine the fastest growing companies, Deloitte reviewed fiscal year revenues over five years (2003-2007), calculated the revenue growth percentage over five years, and compared the growth of technology companies.
About IDIT
IDIT I.D.I. Technologies Ltd. (www.idit-technologies.com) is a global provider of enterprise software solutions for the insurance & financial markets. Our solutions are based on IDIT™ Software Suite – an enterprise software product which integrates the business capabilities essential for any insurance provider.
Founded in 1998, IDIT I.D.I. Technologies is a member of the Formula Vision group (TASE: FVT) and employs over 100 insurance and IT experts across Europe, APAC and Israel. Its clients include Groupama, AON, PolisDirect, IAK, and Direct Insurance Financial Services among others. The company also has a number of strategic partnerships with leading systems integrators and consulting firms such as IBM, BSB, and CapGemini.
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Except for historical information contained herein, The matters set forth in this release are forward-looking statements that are dependent on certain risks and uncertainties, including such factors, among others, as market acceptance, market demand, pricing, changing regulatory environment, changing economic conditions, risks in new product and service development, the effect of the company's accounting policies and other risk factors.
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