Protect Data growing fastest!
Protect Data growing fastest! 1st in the computer industry and 4th overall The Swedish IT security company Protect Data is displaying the fastest organic growth of all companies in the computer industry in Sweden. This can be seen from the list of Sweden's fastest growing companies, presented today by the growth consultant Ahrens Rapid Growth in collaboration with the Swedish broadsheet Svenska Dagbladet. During 2000, Protect Data had 127 employees and a turnover of SEK 290 million. Protect Data, the Nordic region's leading IT security company, has reported an average annual organic growth of 92.5% over the last five years. This puts the company in first place in the computer industry and fourth place overall. "Growing as quickly, profitably and sustainably as Protect Data has done is a fantastic performance," says Thomas Ahrens, MD of Ahrens Rapid Growth. This is the first time Protect Data has been included on the list, which has been published every year since 1993. Protect Data is reporting by far the strongest organic growth of all companies in the computer industry - the next company, Virtus, came eighth overall. "It has always been our goal to grow while retaining profitability, and our position in the list shows that we have succeeded. We are working in an industry that has reported extremely positive growth in recent years, and there is nothing to indicate that the need for products and services in the field of IT security will decline. Quite the reverse, in fact. We should be able to continue displaying a very positive growth trend in the future," says Carl Rosvall, MD of Protect Data. Ahrens' definition of a growth company is one which, in the last five years, has experienced an average organic increase in turnover of at least 25%, has 50 employees and a turnover of at least SEK 50 million. This year's list contains a total of 62 companies. Last year, the list was topped by IT consultants and manpower companies, but this year production companies within traditional industries are highly placed. For further information, please contact: Carl Rosvall, MD, Protect Data AB, tel. +46 (0)8-459 54 23 or +46 (0)70- 717 14 84 Protect Data AB is a Group supplying comprehensive IT security solutions to large companies and organisations. The company offers access control and encryption systems for PCs and smart telephones, anti-virus systems, firewalls, user identification systems, content control systems, secure VPN, digital signatures and PKI, as well as systems for secure transactions, etc. The subsidiary company Pointsec Mobile Technologies develops access control and encryption systems for e.g. stationary and portable computers, handheld computers and smart telephones. The subsidiary company Protect Data Konsult supplies tailored security solutions which increase its clients' competitiveness and improve their businesses. Protect Data is the market-leader in the Nordic region within its field and has subsidiaries in Sweden, Norway, Finland, Denmark, Slovakia, the UK and the USA. Protect Data has around 170 employees and is listed on the Stockholm Stock Exchange's Attract 40 list. Visit the company's website at: www.protectdata.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.bit.se/bitonline/2001/06/06/20010606BIT00090/bit0001.doc http://www.bit.se/bitonline/2001/06/06/20010606BIT00090/bit0001.pdf