Waltham, Mass. — Ipanema Technologies, a France-based provider of application traffic management systems for wide area networks, was recognized in the Deloitte Technology Fast 50 for France and the Fast 500 for EMEA (Europe, Middle East and Africa).

Now in its seventh year, Deloitte Technology's Fast 50 France and Fast 500 EMEA recognize technology companies that have achieved the fastest annual revenue growth in Europe, the Middle East and Africa. The Deloitte Technology Fast 50 award has become a benchmark in identifying the fastest-growing high-technology companies in France through an objective ranking based on sustained revenue growth during the past five years. The same objective ranking is used for the Fast 500 EMEA, which covers Europe, the Middle East and Africa.

Ipanema Technologies placed 17th in the Fast 50, with 1086.69% in cumulated growth over five years and turnover in 2006 at 9,007 million Euros. Ipanema secured ninth place in the 'Telecom & Services Online' sector.

Ipanema Technologies placed 169th in Deloitte Technology's Fast 500 EMEA.

Revealed last week in London, the United Kingdom had the most Fast 500 EMEA ranked companies (91 out of 500), followed closely by France (68).

Source: Ipanema Technologies

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