XConnect Ranks Fifth on Sunday Times Microsoft Tech Track 100

Recognised Among Britain's Fastest-Growing Technology Companies

Sep 21, 2011, 08:00 ET from XConnect

LONDON, Sept. 21, 2011 /PRNewswire/ -- XConnect, the leader in next-generation interconnection and carrier ENUM-registry services, has been ranked fifth on the annual Sunday Times Microsoft Tech Track 100 published Sept. 18. The list ranks Britain's 100 privately-owned technology, media and telecoms companies with the fastest-growing sales.

(Logo: http://photos.prnewswire.com/prnh/20090827/XCONNECTLOGO)

This is XConnect's first appearance on the list, with reported annual sales growth of 172 percent over three years. Earlier this year, XConnect announced that increased demand for its innovative IP-based interconnection services for telecom operators and networks worldwide had resulted in major growth in revenue and traffic.

"To be ranked fifth among the 2011 Sunday Times Tech Track 100 is a tremendous honour, and I am very proud of the dedicated work of our talented team," said XConnect CEO Eli Katz. "This achievement represents XConnect's leading position in the exploding market for global IP federation interconnection, triggered by the evolution to multimedia IP services such as HD voice and video communications."

Katz added, "With customers spanning Europe, Asia, Africa and the Americas, we are a truly global company, delivering essential services to major operators and enabling the mass-market adoption of multimedia communications."

Scott Dodds, general manager, business strategy and marketing at Microsoft, the title sponsor of the Tech Track 100, said: "Privately-owned technology companies are making a great contribution to the economy despite difficult trading conditions. It is especially encouraging to see that cloud computing continues to provide such significant opportunities by helping technology firms to open up new markets and cut costs for their customers."

The full report can be viewed online: http://www.fasttrack.co.uk/fasttrack/leagues/tech100supplement.html

About XConnect

The global leader in network peering, XConnect is trusted by IP-based service providers in 20 countries to offer a suite of Interconnect 2.0 services, including carrier ENUM-registry and next-generation multimedia interconnection hub solutions. London-based XConnect offers the most comprehensive and reliable solutions to help service providers deliver rich multimedia IP communications across networks while reducing costs and improving service quality. Backed by Tier 1 venture capital firms, XConnect operates the largest worldwide ENUM-based IP-peering federation, the Global Alliance, and the world's first national VoIP/NGN interconnection federations, in the Netherlands, Korea and South Africa. For more information, please visit www.xconnect.net.