Home MaxBill Ranks 62 Fast 500 Competition - 2002
  • MaxBill Ranked Number 62 Fastest-Growing Technology Company in the 2002 Deloitte Touche Tohmatsu European Technology Fast 500 Competition

    MaxBill attributes its three-year 773 percent revenue growth to its UCP model, its high quality, cost-effective, complete, modular financial solutions; and strive and determination of its staff of professionals.
     
  • London, UK - MaxBill today announced that it ranked Number 62 on the 2002 Deloitte Technology Fast 500, a ranking of the 500 fastest-growing technology companies in Europe. Rankings are based on three-year percentage revenue growth from 1999-2001. MaxBill grew 773 percent during this period.

  • MaxBill's President, Michah Himmelman, credits the company's success to the development of its UCP, a Universal Consolidated Platform that provides the solution to the current challenges of competitive and troubled network and service providers. The UCP enables a cost-effective and optimized Customer-Centric Business Support Solution. Offering real value to customers has enabled the company to excel and achieve a remarkable 773 percent revenue growth over the past three years under difficult market conditions.

  • Himmelman explains, "The UCP model takes our customers beyond bundled CRM and billing by letting them set up universal workflows that align internal and external customer and service-centric processes on the same platform. Company processes and services can be effectively and quickly implemented, reducing time-to-market and total cost of ownership while increasing overall performance and customer satisfaction."

  • "Our professionals continuously demonstrate that when competition is tight, dedicated employees are a key factor in achieving goals and excelling. We strive to provide value to our customers; and our employees have paved the path to making MaxBill a leader in providing high quality and cost-effective financial solutions. With this in mind, I am confident the company will continue to be successful in the future."

  • "The technology companies that have made the rankings will be creating a community of companies that promote a platform of best practices around the globe, as well as creating the best global forum for business leaders to share information," says Karel Bakkes, partner in charge of Deloitte's European Technology Fast 500 programme.

    Fast 500 Selection and Qualifications
    Fast 500 list is compiled from three sources: winners of Deloitte Touche Tohmatsu's European Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500 ranking, firms must have been involved in proprietary technology that contributed significantly to their operating revenues, manufactured a tech product or have been deeply involved in tech research and development. Also, the firm must have been in business at least three years, had 1999 revenue of at least 50,000 euros, and been headquartered in Europe or have shares listed on a European stock exchange.

    About Deloitte's TMT Industry Practice
    The Deloitte Touche Tohmatsu Technology, Media & Telecommunications (TMT) Group has deep industry knowledge of technology, media and telecommunications companies and the challenges these industries face in areas such as Internet, software, computers, telecommunications and networking, semiconductor and related industries, along with broadcasting and publishing. Deloitte's TMT practice provides a global network of dedicated professionals who can deliver innovative solutions to clients wherever they are in the world.

    About MaxBill
    MaxBill provides high quality, complete, cost-effective financial solutions for service providers worldwide. MaxBill delivers a convergent, carrier-grade platform to support the advanced and evolving business needs of both traditional (wireline, wireless, utilities) and next generation (3G, PLC and IP) services. MaxBill combines a powerful and scalable next-generation billing engine, service-enabling platform and customer-centric CRM powered by universal workflows on a Universal Consolidating Platform (UCP). MaxBill is unique in offering a comprehensive solution that is both modular and rapidly deployable. Providers can achieve service and revenue assurance, using one flexible, component-based solution.

    Contacts:
    Roy Safit
    MaxBill Ltd
    Tel:+44 208 324 1585
    Fax:+44 208 324 1720
    roys@maxbill.com