This is particularly noteworthy considering that Syncron’s strong growth has occurred during a turbulent, market-consolidating period with acquisitions and challenges for many companies within the software industry.

“I am pleased to see that we again have been recognized for our continuing fast growth, and I believe that the key to Syncron’s growth is our ability to easily deliver solutions, that create great value for some of the world’s most sophisticated companies like Volvo, Scania and Atlas Copco” says Anders Grudén, CEO at Syncron. “We also have continued to attract new customers around the globe in spite of the turbulence that we see in the markets today.”

Deloitte points out that the economic slowdown has had an impact on general growth levels. “The flow of companies to the Fast 50 list has reduced compared to last year” comments Tommy Mårtensson, Deloitte partner. “One explanation is that the young companies have had difficulties keeping a high growth rate.”

Syncron has not only achieved an impressive revenue growth rate during the last years, but has also achieved notable growth from an operational point of view. In 2007 Syncron opened new offices in the UK, and North America, and have recently entered Asia, establishing an office in Tokyo, Japan.

Syncron has also been nominated to the Deloitte Technology Fast 500 EMEA. The results of the EMEA Fast 500 Awards will be announced this year in London on November 25, 2008.

About Technology Fast 50 Sweden

The Deloitte Technology Fast 50 Sweden program is the region’s most objective industry-ranking standard to focus on the technology field. The awards are based on five-year average percentage revenue growth.

For more information, please contact:
Anders Grudén, CEO Syncron International AB
Mobile: +46 (0)70 834 59 10
E-mail: anders.gruden@syncron.com

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