snom technology Receives Deloitte Award for Highest Sales Growth

Business Wire, Oct 11, 2007

snom Recognized by the "Deloitte Technology Fast 50" as One of the Fastest Growing Technology Enterprises

BERLIN -- snom technology AG, developer and manufacturer of Voice-over-IP (VoIP) telephones, today announced that they have received the annual "Deloitte Technology Fast 50" award for the strongest growth in sales volume within the past 5 years in Eastern Germany. Every year the international auditing firm, Deloitte, recognizes the fastest-growing technology enterprises for their outstanding entrepreneurial accomplishment in six different categories. snom represented the Communication and Networking category.

"As a medium-sized Berlin enterprise in the relatively new VoIP market, we are particularly pleased by this award since it acknowledges years of hard work by our highly motivated team of developers, sales, and marketing professionals," says Dr. Michael Knieling, executive director for sales and marketing at snom. "It shows us that by choosing the open SIP standard and high security standards, we are targeting the exact technologies the market wants. This award is a big success for us and it was made possible thanks to the outstanding cooperation of our technology and sales partners."

The "Deloitte Technology Fast 50" award was started in the US in 1995 and this was the fifth year the award included German entrepreneurs. The ranking is based on the percentage revenue growth over a five-year period. In the overall standings snom is ranked twelfth, with 1,313%, well above average determined by Deloitte.

About snom

snom technology AG develops and manufactures Voice-over-IP (VoIP) telephones and related equipment based on the IETF open standard, SIP (Session Initiation Protocol). Recognized for its high quality, customizable and cost-effective business solutions, snom is also differentiated by the company's 10-year history in the VoIP industry, and its dedication to high security standards. All of snom's software exists in the firmware on the phones - making it easier for users to download updates and new features. snom customers benefit from the interoperability and flexibility that the snom telephones offer, including plug and play integration and universal compatibility with any SIP-based telephony platform. Additional information on snom can be found at www.snom.com.