picoChip ranked 17th Fastest Growing Technology Company by Deloitte Technology

Guillaume d'Eyssautier, picoChip’s president and CEO, credits the emergence and the establishment of the femtocell market with the company’s 4483% revenue growth over the past five years: picoChip made an early investment in femtocells and all our subsequent hard work has paid off. Picking the right horse to back can be a tough choice, and advanced wireless is no exception. We chose to use our proprietary technology to back the whole pack with femtocells, and it has paid dividends.



“Because Deloitte Technology Fast 500 EMEA measures sustained revenue growth over five years, being one of the 500 fastest growing technology companies in EMEA is an impressive achievement,” said Karel Bakkes, partner in charge of Deloitte’s Technology Fast 500 EMEA program. ”picoChip deserves a lot of credit for its remarkable growth.”

In addition to ranking on Deloitte’s Technology Fast 500, picoChip ranked in the top 3 on the UK Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in the United Kingdom.



Overall, companies that ranked on the Technology Fast 500 EMEA 2008 program had an average growth rate of 1297 percent.



picoChip is the only semiconductor company focused solely on wireless infrastructure currently shipping silicon. It provides baseband solutions to address the key challenges of cost, development time and flexibility for the next generation of wireless systems. The company’s multi-core processors deliver a world-beating price/performance combination. picoChip is the industry standard architecture for WiMAX basestations, and is the leading supplier for the new wave of femtocells, with support for TD-SCDMA, HSPA, LTE, cdma2000/EvDO and GSM/GPRS/EDGE. The company’s products scale from femtocell access points to picocells and sophisticated multi-sector carrier macrocells.



The Technology Fast 500 list is compiled from Deloitte’s EMEA Technology Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have had 2003 operating revenues of at least €50,000 and 2006 operating revenues of at least €800,000.



Entrants must also be public or private companies headquartered in EMEA and must be a “technology company,” defined as a company that owns proprietary technology 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 in a unique way does not qualify.