Quartix joins the ranks of the 50 fastest growing technology companies in the UK in the 2007 Deloitte Technology Fast 50

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Quartix, a leading UK manufacturer/supplier of advanced vehicle tracking technology, attributes its 1130% revenue growth to having a good product, strong vision and a great team, totally committed to providing clients with world-class levels of quality, service and innovation.

Quartix has announced that it ranked Number 38 in the Deloitte Technology Fast 50; a ranking of the 50 fastest growing technology companies in the UK.  To determine the fastest growing companies, Deloitte reviewed fiscal year revenues and calculated the average percentage revenue growth for each nominated company over the past five years.  Quartix grew 1130% during this period and inclusion in the listings is a significant accomplishment.

Established in 2001, Quartix has enjoyed exceptional levels of annual growth and has seen sales of its highly-integrated tracking devices increase by more than 60% this year.  Its internet-based vehicle tracking system receives excellent industry reviews and is used by over 1,500 cross-sector companies in more than 13,500 commercial vehicles to improve business capacity and customer service, enhance vehicle security and assist with meeting duty of care requirements.  The award-winning live-on-the-web tracking facility allows 24/7 visibility of the mobile workforce from any online PC, and this is complemented by online fleet activity logs detailing up-to-the-minute and historical data. The system also delivers emailed reports to clients on a daily, weekly, or monthly basis providing invaluable management information.

Commenting on the ranking, Simon Kerton-Johnson, Chairman of Deloittes UK Fast 50 said, Being one of the fastest growing technology companies in the UK is an impressive accomplishment.  We commend Quartix for making the Deloitte Technology Fast 50 with a phenomenal 1130% growth rate over five years.

2007 is proving to be another exciting year for Quartix, in which it gained the National Business Awards, AXA Small to Medium size Business of the Year, Regional Award for Wales and the West, and is due to compete in the national finals in London, on November 13th.  The hi-tech firm also won the coveted Technology Award in the Van Fleet World Honours earlier this year.

Andy Kirk (pictured), Sales & Marketing Director at Quartix credits outstanding employees, (regularly described as friendly, efficient and approachable), strong vision and a desire to achieve industry excellence, with the companys extraordinary percentage revenue growth over the past five years.

We are proud to be achieving consistently high growth levels in an increasingly challenging sector, he remarks, Its an honour to be ranked among the UKs 50 fastest growing technology companies by an organisation as prestigious as Deloitte, and is superb recognition of the skill, professionalism and dedication of our excellent team.  Our immediate aim is to expand and grow the business further over the coming years and to maintain delivery of 100% commitment, support and service to our customers.

 

About Deloitte

In this press release, references to Deloitte are referenced to Deloitte & Touche LLP, which is among the countrys leading professional services firms. Deloitte & Touche LLP is the United Kingdom member firm of Deloitte Touche Tohmatsu (DTT), a Swiss Verein whose member firms are separate and independent legal entities. Neither DTT nor any of its member firms has any liability for each others acts or omissions.  Services are provided by member firms or their subsidiaries and not by DTT. Deloitte & Touche LLP is authorised and regulated by the Financial Services Authority.


Deloitte Technology, Media & Telecommunications (TMT) Group

The TMT Group is composed of service professionals who have a wealth of experience serving technology, media and telecommunications companies throughout the UK, in areas including cable, communications providers, computers and peripherals; entertainment, media and publishing, networking, semiconductors, software, wireless and related industries.  These specialists understand the challenges that these companies face throughout all stages of their business growth cycle and are committed to helping them succeed. Deloitte is a leader in providing strategic, financial and operational assistance to its technology, media and telecommunications clients.

 
About Quartix Ltd

The award-winning Quartix in-vehicle tracking technology enables over 1,500 UK companies, from small businesses to major corporations, to maximise efficiency of fleet operations. Proven commercial benefits include significantly lower fleet operating costs, more responsive delivery times and improved vehicle security. The technology also enables employers to fulfil a wide range of Duty of Care responsibilities.

Designed and assembled in UK, the Quartix GPRS tracking system is produced in ISO 9001:9002 facilities in compliance with European safety and vehicle directives.  The discreet tracking units can be installed on-site in an hour and the system is protected by a comprehensive manufacturers warranty.  Product enhancements are supplied at no extra charge and technical support is provided by a dedicated in-house team.  Quartix strong customer focus is highlighted through 40% of annual sales generated from repeat orders and referrals.

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