murphx ranked in Deloitte Fast50 technology list

Date 28/10/2009 murphx ranked in Deloitte Fast50 technology list murphx Innovative Solutions, the leading wholesale connectivity carrier, has made Deloitte’s prestigious top 50 list of fastest growing technology companies in the UK, ranking 35th. It is the first time murphx has made the cut and comes as no surprise when the business has reported 960% growth over the last five years. Founded in 2001, the company’s sales have grown on average 94% a year from £1.6m in 2006 to £11.5m in 2009. murphx Commercial Director Carl Churchill said: “To make the Deloitte Fast50 is yet another achievement for the hardworking and talented murphx team. We have had a great few months winning ISP of the Year, jumping from 45th to 18th position in the Sunday Times Microsoft Tech Track 100 listing and now this latest accolade. We are on target to hit £20m turnover this year and have continued to deliver against our commitment to growth.” murphx’s success in the last year has seen 25 new staff members recruited at the company, whose next strategic move is to expand into the European market with the recent addition of David Guy as Strategic Development Manager. Carl Churchill added: “It’s a time for growth in the UK and wider telecoms market. murphx is the fastest growing wholesale connectivity provider in the UK, were an ambitious team and have a relentless focus on making murphx the leading provider throughout Europe”. The Technology Fast 50 is designed to reach out to UK technology companies and champion innovation in the sector. The programme tracks the growth rates of technology companies in seven regions in the UK and Ireland, culminating in a national ranking. The list focuses on those companies that have shown impressive growth rates in the telecommunications, hardware, software and biotechnology markets. Ends Words: 271 Notes to Editors: About murphx murphx Innovative Solutions Limited is a Tier 1 connectivity solutions company providing a range of services including wholesale broadband and dialup, virtual private networks, leased lines and IP transit to the resale channel. The company operates as an “enabler” providing the operational infrastructure used by its customers to embrace convergent technologies such as voice over IP and video conferencing. murphx was formed in 2001. Since that time the company has built a national network and firmly established the business as a pioneer of innovative communications services with a consistent record of strong earnings growth of figures up 167.1% on £6.2m sales, which placed the company fifth in the 2009 Plimsoll Portfolio Analysis for UK Internet Services. The reliable and resilient infrastructure is the underlying strength of the murphx business. The ability to manage and control the entire network point-to-point ensures guaranteed service levels and dependability for customers. This coupled with leading edge technology and a highly skilled team ensures murphx are firmly positioned as one of the few Europe-wide internet service providers. The success of murphx is not just the result of an advanced network or unique portfolio of products and services but also an ongoing commitment to customer requirements. For years organisations have been forced to adopt solutions that were a near-match to their requirements; this “next best” scenario is no more. For more information, please contact Debbie Osborne at Logical Creative Marketing: 0845 345 6969