Analysis

MDSL, has been listed among the Top-100 fastest growing UK private technology companies included in the prestigious Sunday Times Tech Track 100 league table.

20th September 2011
ES Admin
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MDSL was ranked at No. 65, with growth of over 49% in sales on the previous financial year. The Sunday Times Tech Track 100, published on 18 September 2011, said: “Pressure on clients to cut costs during the recession gave a boost to MDSL, which helps firms to spend more wisely on telecoms services and financial data. It continued: “Sales have grown 49% a year, from £2.7m in 2007 to £9m in 2010, and the Tunbridge Wells company now has operations in Paris, New York, Macau and Tokyo, generating four-fifths of its turnover overseas”.
MDSL CEO Ben Mendoza said: “We are delighted to see MDSL listed among the top performers in the Sunday Times Tech Track 100 tables. It has been gratifying to win a number of awards this year, including being placed in the top quartile of the Sunday Times International Track 100 league table in May. It is even better now to find we are one of the Top 100 fastest growing private technology companies in the UK. I would like to thank all our staff, partners and customers who have helped us get to where we are today”.

He continued: “However, we will not be resting on our achievements – we are already planning some great innovations and partnerships for 2012 to ensure we keep our place in the innovation and growth leagues. We have made significant progress in working with some of the largest organisations in the world to realise the major savings they can make on Telecoms and Market Data Expense Management, and we look forward to taking our new products and solutions to the ever-expanding international market which is welcoming our solutions”.

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