2012 1st Deloitte Tech EMEA
Omnifone Ranks First in Deloitte Technology Fast 500 EMEA 2012
LONDON, 30 November 2012: Omnifone, the business-to-business provider of global cloud-based digital music services, has been awarded first place in the media and entertainment category of the prestigious Deloitte Technology Fast 500 EMEA. Omnifone ranked 36th in the overall league table, one of just six UK companies in the top 40.
The accolade follows Omnifone’s success at the 2012 Deloitte UK Technology Fast 50 where it ranked fourth. Earlier this year Omnifone also ranked 20th in the Sunday Times Tech Track 100.
Omnifone was recognised in the overall EMEA-wide league table in recognition of its most successful financial year to date after turning a profit of £3.8 million (EBITDA). Omnifone achieved a 2857 per cent increase in revenue over the past five years and sales in the last financial year amounted to £29.5 million.
Jeff Hughes, Omnifone’s CEO, credits the recent growth to the roll out of global subscription-based streaming services on behalf of customers, driven by the consumer demand to access digital music anywhere, anytime.
Hughes said: “We are thrilled to be recognised once again for the phenomenal growth we’ve experienced over the past few years. We look forward to reinforcing our leadership in the digital music space and achieving further growth through expansion, the acquisition of new global partners and by extending our service offerings.”
Founded in 2003, Omnifone is an independent business-to-business provider of global cloud-based digital music services. Omnifone develops, licenses and manages scalable digital music services to enable customers, including Sony, HP, RIM and rara.com, to deliver cloud-based music services across virtually all connected devices. These include smartphones, such as Android, iOS and Blackberry, PCs, Macs, tablets, games consoles, connected TVs, set-top boxes, home cinema systems, automotive entertainment systems, Blu-ray players, MP3 players and web browsers. Through its acquisition of Global Mediabank, Omnifone provides industry-leading media content management services for global digital music service providers including Spotify.
Omnifone’s award winning MusicStation® Platform is the proprietary cloud-based technology that powers more digital music streaming services, in more countries and across more connected devices than any of its competitors. Omnifone is a chartered member of the Digital Data Exchange (DDEX) and a member of the Global Repertoire Database (GRD) Working Group.
In 2012 Omnifone reported a profit of £3.8 million EBITDA and was ranked number 20 in The Sunday Times Tech Track 100 and 4th in the Deloitte UK Technology Fast 50. Click here for details.
Find out more about Omnifone: http://www.omnifone.com
Follow Omnifone on Twitter: https://twitter.com/Omnifone
For more information contact: Clodagh Boyle, PR manager, Omnifone, 020 8600 0580, email@example.com
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