Confidex Ltd. Ranked Number Six Fastest Growing Technology Company on the Deloitte Technology Fast 500 EMEA 2010

Confidex Ltd. today announced that it ranked Number Six on the Deloitte Technology Fast 500 EMEA 2010, a ranking of the 500 fastest growing technology companies in EMEA. Rankings are based on percentage revenue growth over five years. Confidex Ltd. grew 5513.38 % during this period.

Confidex Ltds CEO, Timo Lindström, credits the world class competence center team in Finland, production team in China and the world wide sales and marketing team with the companys revenue growth over the past five years. He said, "Our vision is to be the leading wireless solution provider company for the Internet Of Things. Our growth rate and brand reputation as the leading RFID tag company tell that we are on our track. We aim to continue growing and innovating at least with the same pace as during the last years.

"Confidex Ltd. has proved itself to be one of the fastest growing tech companies in Europe, the Middle East and Africa, and we are proud to honour them as one of the 2010 Technology Fast 500, said David Halstead, Deloitte United Kingdom and partner in charge of the Deloitte Technology Fast 500 EMEA programme."

In addition to ranking in the Deloitte Technology Fast 500 EMEA 2010, Confidex Ltd. ranked Number One on the Finland Deloitte Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in Finland.

Deloitte Technology Fast 500 EMEA selection and qualifications

The Technology Fast 500 list is compiled from the Deloitte EMEA Technology Fast 50 programmes, nominations submitted directly to the Technology Fast 500, and public company database research. To qualify for the Technology Fast 500, entrants must have had base-year operating revenues of at least €50,000 and current-year operating revenues of at least €800,000.

Entrants must also be public or private companies headquartered in EMEA and must be a "technology company, defined as a company that develops or owns proprietary technology that contributes to a significant portion of the company's operating revenues; or manufactures a
technology-related product; or devotes a high percentage of effort to the research and development of technology. Using other companies' technology in a unique way does not qualify.

About Confidex Ltd.

Confidex is the worlds leading supplier of high-performing contactless ticketing and RFID tag solutions and services to make supply chains, transactions and authentication of goods and people more efficient and secure. Today, we are innovating and exploring with our customers how our solutions can help people and companies to address their problems and challenges by fusing strong combination of RFID tag design competence, RF engineering and customization to manufacturing experience.

With our global network of over 100 partners we serve customers representing a broad range of industries in Europe, North America and Asia. As the leading supplier we have quickly become the trusted partner for system integrators and end users of RFID technology throughout the world. Our outstanding expertise, commitment and drive provide profitable advancements, reach new heights and deliver real results while ensuring our customers success. Among our partners and customers we are known from our passion to excel.

About Deloitte Technology Fast 500 EMEA

The Deloitte Technology Fast 500 EMEA is the regions most objective industry-ranking standard to focus on the technology field and recognizes technology companies that have achieved the fastest rates of revenue growth in Europe, the Middle East and Africa during the past five years. Combining technological innovation, entrepreneurship and rapid growth, Fast 500 companies large, small, public and private span a variety of industry sectors, and are leaders in hardware, software, telecom, semiconductors, internet, media, life sciences and emerging areas, such as clean technology.

The programme is supported by the Deloitte Technology Fast 50 initiatives, which rank high growth technology companies by location or specifically defined geographic area and is run by the Deloitte Touche Tohmatsu Limiteds Technology, Media & Telecommunications (TMT) global industry group. Co-sponsors include Taylor Wessing, a leading International law firm with a focus on the industries of tomorrow, and Fidelity Growth Partners Europe, a venture and growth capital investor which backs entrepreneur with aspiration for greatness in the IT and clean technology sectors across Europe.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity.

Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 140 countries, Deloitte brings world-class capabilities and deep local expertise to help clients
succeed wherever they operate. Deloitte's approximately 170,000 professionals are committed to becoming the standard of excellence.