Elephant Talk Communications Ranked Fifth in Deloitte's Technology Fast 50 Program for Orange County
11 Novembre 2008 - 2:00PM
PR Newswire (US)
Attributes its global positioning and state-of-the-art technology
solutions for networked-based telecom products and services to its
5,363 Percent Revenue Growth from 2003 to 2007 SCHIPHOL,
Netherlands, Nov. 11 /PRNewswire-FirstCall/ -- Elephant Talk
Communications, Inc. (OTC:ETAK) (BULLETIN BOARD: ETAK) , an
international telecom and multimedia content distributor, has been
named to Deloitte's prestigious Technology Fast 50 Program for
Orange County, a ranking of the 50 fastest growing technology,
media, telecommunications, and life sciences companies in Orange
County, California, by Deloitte LLP, one of the nation's leading
professional services organizations. Rankings are based on the
percentage revenue growth over five years from 2003-2007. Elephant
Talk's CEO Steven van der Velden credits the Company's
state-of-the-art technology for easy-to-use networking, billing,
and subscriber-management outsourcing solutions with the Company's
5,363 percent revenue growth from 2003-2007. Mr. Van der Velden
said: "Elephant Talk has a comprehensive, worldwide architectural
infrastructure capable of delivering a complete range of fixed and
wireless telecommunications services as a result of having built an
intelligent network and content management systems for voice and
data. Our strategic partnerships and global positioning enable us
to offer a wide range of advanced telecom solutions that facilitate
global content delivery and systems integration services for Mobile
Virtual Network Operators." Elephant Talk's increase in revenues of
5,362.63 percent from 2003 to 2007 resulted in a number-five
ranking in the Technology Fast 50 for Orange County. The average
increase in revenues among companies who made the Technology Fast
50 for this region was 1629.59% percent. "Sustaining high revenue
growth over five years is an exceptional accomplishment," said Rob
Lucenti, Managing Partner, Orange County Practice, Deloitte &
Touche LLP. "We commend Elephant Talk for making the commitment to
technology and delivering on the promise of market longevity. We
are proud to honor Elephant Talk to Deloitte's Technology Fast 50."
This year's Orange County Technology Fast 50 program is sponsored
by Cresa Partners, DLD Insurance Brokers, Stradling Yocca Carlson
& Rauth, Union Bank of California, Publicease and Oracle, in
association with the Technology Council of Southern California. To
qualify for the Technology Fast 50, companies must have had
operating revenues of at least $50,000 in 2003 and $5,000,000 in
2007, be headquartered in North America, and be a company that owns
proprietary technology or proprietary intellectual property that
contributes to a significant portion of the company's operating
revenues; or devotes a significant proportion of revenues to the
research and development of technology. Using other companies'
technology or intellectual property in a unique way does not
qualify. Companies from the regional Technology Fast 50 programs in
the United States and Canada are automatically entered in
Deloitte's Technology Fast 500 program, which ranks North America's
top 500 fastest growing technology, media, telecommunications and
life sciences companies. For more information on Deloitte's
Technology Fast 50 or Technology Fast 500 programs, visit
http://www.fast500.com/. About Elephant Talk Communications
Elephant Talk Communications is positioning itself as an
international telecom operator and enabler/systems integrator to
the multimedia industry by facilitating the distribution of all
forms of content, as well as mobile and fixed-telecom services, to
global telecommunications consumers. The company provides
traditional telecom services, media streaming, and distribution
services primarily to the business-to-business (B2B) community
within the telecommunications market. Elephant Talk is also a
system integrator and developer for mobile telecom and content
distribution solutions; and, as a Mobile Virtual Network Enabler
(MVNE), the company has positioned itself as the premier
outsourcing partner for both Mobile Network Operators (MNOs) as
well as for Mobile Virtual Network Operators (MVNOs). ETLK is
positioning itself as the preferred MVNE partner of the larger,
global Mobile Operators and currently operates sophisticated
networks in over a dozen markets in Europe, Asia Pacific, and the
Middle East. About Deloitte As used in this document, "Deloitte"
means Deloitte LLP. Please see http://www.deloitte.com/us/about for
a detailed description of the legal structure of Deloitte LLP and
its subsidiaries. PR Contact: At the Company: Steven van der Velden
+ 31 20 653 59 16 http://www.elephanttalk.com/ Investor Relations:
RedChip Companies Inc. Jon Cunningham 1-800-REDCHIP (733-2447),
Ext. 107 http://www.redchip.com/ DATASOURCE: Elephant Talk
Communications, Inc. CONTACT: Steven van der Velden, + 31 20 653 59
16, , of Elephant Talk Communications, Inc.; Investors, Jon
Cunningham, +1-800-733-2447, Ext. 107, , of RedChip Companies Inc.
for Elephant Talk Communications, Inc. Web Site:
http://elephanttalk.com/ http://www.fast500.com/
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