Handheld Group has ranked number 340 on the Deloitte Technology Fast 500 EMEA 2010, a ranking of the 500 fastest growing technology companies in EMEA. Rankings are based on percentage revenue growth over five years. Handheld Group grew 535 percent during this period. Handheld Group's CEO, Jerker Hellstrm, credits hard work and innovative product development with the company's 535 percent revenue growth over the past five years. He said: "Growth is one of our key focus areas as a company. Awards and recognitions like this are therefore very encouraging since they highlight our accomplishments in an objective way.
"Making the Deloitte Technology Fast 500 is commendable in today's highly competitive technology industry," said David Halstead, Deloitte United Kingdom, partner in charge of the Deloitte Technology Fast 500 EMEA programme. "We congratulate Handheld Group on being one of the 500 fastest growing technology companies in the region."
"Handheld Group and the other 2010 Technology Fast 500 winners forged ahead in a challenging economic environment to realize exceptional growth," said David Halstead. "We commend Handheld Group for this impressive accomplishment."
In addition to ranking in the Deloitte Technology Fast 500, Handheld Group ranked 33rd in the Sweden Deloitte Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in Sweden.