Bravura debuts in top 50 of Deloitte Technology Fast 500 Asia Pacific

10 December 2007 Bravura debuts in top 50 of Deloitte Technology Fast 500 Asia Pacific

 

Sydney; 10 December 2007 – Bravura Solutions (Bravura, ASX: BVA) – a leading global supplier of wealth management applications and professional services – has secured a top 50 place in the Deloitte Technology Fast 500 Asia Pacific. The Deloitte listing comprise the 500 fastest growing technology companies in the Asia Pacific region, which are ranked according to percentage revenue growth over the past three years.

Bravura’s revenue for FY06/07 was A$100.1 million, an overall increase of 234 per cent over the previous year’s revenue of A$30.0 million.

Iain Dunstan, Group CEO and Managing Director, Bravura Solutions said: “Placement in the Deloitte Technology Fast 500 represents a key milestone for Bravura and stands testament to our growth and success in the Asia Pacific region since inception.

“The company’s strong financial results, product innovation and delivery record have surpassed expectations. We believe our performance to date is a strong indicator of Bravura’s future direction.”

To be eligible for the Deloitte Technology Fast 500, companies must have operated for at least three years, be Asia-Pacific owned and based, and have generated first year revenue of at least US$50,000.

Bravura’s entry into the Fast 500 was preceded by a top 10 ranking in the Deloitte Technology Fast 50 in Australia.

The Deloitte Technology Fast 500 Asia Pacific is part of a wider global Fast 500 program, which ranks the fastest growing technology companies across North America; Europe, Middle East and Africa; and Asia Pacific.

About the Deloitte Technology Fast 500
Companies chosen as part of the Fast 500:

  • Own proprietary technology that contributes to a significant portion of the company’s operating revenues; or
  • Manufacture a technology-related product; or
  • Devote a significant proportion of operating revenues to research and development of technology.

For more information on the rankings, visit:http://www.deloitte.com/dtt/section_node/0%2C2332%2Csid%25253D39958%2C00.html