QualiSystems Ranked 14 in Deloitte’s Technology Israel Fast 50

October 17, 2012

QualiSystems, the leading provider of enterprise software solutions for test and lab automation, today announced that the company was ranked number 14 on the Deloitte Brightman Almagor Zohar 2012 list of Technology Fast 50 companies in Israel. The Fast 50 program honors companies that show business growth, technological innovation and Israel entrepreneurial spirit.

QualiSystems' TestShell Framework has a big part in the company's business growth and innovation. The TestShell Framework is an extensive application suite offering complete lab management, device provisioning and test automation solutions for engineers, enabling them to optimize lab performance and increasing testing coverage while expanding equipment utilization, reducing setup time and accelerating testing. The framework is suitable for both network and device testing, and is used by various types of organizations including: carriers and network service providers, data center and cloud providers, enterprises, network equipment manufacturers, and others.

Deloitte was able to determine the fastest growing technology companies in Israel by reviewing companies' yearly fiscal revenues over a five-year period (2007-2011). It then calculated the revenue growth percentage over that time period, and compared the growth of all the technology companies.

Eitan Lavie, VP of Product Marketing for QualiSystems, commented, "We are very proud to be ranked as one of the top 50 fastest-growing technology companies in Israel. This award validates all the hard work done by the QualiSystems team and shows our commitment to revolutionizing the network lab environment. We consider this to be an impressive accomplishment in vision and determination.

"Because the Deloitte Brightman Almagor Zohar Fast 50 measures sustained revenue growth over five years, being one of the 50 fastest growing technology companies in Israel is an impressive achievement," said Tal Chen, partner in charge of the Deloitte Brightman Almagor Zohar Israel Technology Fast 50 Program. "QualiSystems deserves a lot of credit for its remarkable growth."
QualiSystems along with other qualifying entrants from national programs run by Deloitte in the EMEA regions; will be put forward to the EMEA Fast 500 (Europe, Middle East and Africa).

About the Deloitte Technology Fast 50 2012
The Deloitte Brightman Almagor Zohar Technology Fast 50 annually recognizes and honors the 50 private and publicly-held fastest growing technology companies in Israel, based on percentage revenue growth over a five-year period. The objective rankings are determined by percentage revenue growth over the last five years. To qualify, companies must own proprietary technology. Participants can be private or public companies operating in any area of technology. The Fast 50 program was initiated in San Jose, the center of Silicon Valley, California in 1995 and quickly became a growth benchmark of success in the USA. The Fast 50 programs supplement the broader Deloitte technology Fast 500 initiative in that the winners typically become automatically eligible to participate in the Regional Deloitte Technology Fast 500 program.

About QualiSystems
QualiSystems is a leading provider of enterprise software solutions for test and lab automation, driving innovation, efficiency and ROI. QualiSystems' TestShell Framework has already proven as an industry-critical solution in North America, APAC, Europe and the Middle East, where it is used by market leaders from a wide spectrum of industries including network equipment manufacturers, telecom operators, data center providers, enterprises and electronics device manufacturers. www.qualisystems.com


Media Contact:

Lynda Starr
Vantage Communications for QualiSystems
+1 973 386 5949

Contact Details Israel Technology Fast 50:
Eden Dvir
Marketing & Business Development Technology,Media & Telecommunications (TMT)
+972 (3) 608 5569