Mimecast ranked seventh fastest-growing technology company in the UK, in the 2011 Deloitte Technology Fast 50

Issued by Sentient Communications for Mimecast
London, UK, 21 Oct 2011

Mimecast today announced that it ranked number seven in the 2011 Deloitte Technology Fast 50, a list of the 50 fastest-growing technology companies in the UK.

Rankings are based on percentage revenue growth over five years. Mimecast, which supplies cloud-based e-mail archiving, continuity and security for Microsoft Exchange and Office 365, grew 3102% during this period. The company also came sixth on the London list.

Mimecast, having come third in last year's rankings, continued its rapid expansion rate over the course of the last 12 months, and recently surpassed 4 500 customers and a million users worldwide.

Mimecast CEO, Peter Bauer, said: “Over the five-year period that Deloitte looks at, we've tried really hard to do the basics well; we have continuously invested in R&D to build a platform that helps customers solve tough and important IT problems, and we have put together an inspirational team that delights our customers and partners with their commitment and energy. It is wonderful for both the Mimecast team and our partners to receive such prestigious recognition for the second year running.”

David Halstead, the partner leading the Deloitte Technology Fast 50, said: “The Deloitte Technology Fast 50 gives great profile to technology companies and is internationally recognised as being one of the most important business awards in the sector. The 2011 Deloitte Fast 50 shows that tremendous growth rates are still possible, with Internet and software sectors showing particular strength and making up over half (56%) of the companies in the Fast 50 ranking.

“The Technology Fast 50 awards are an opportunity for businesses to gain recognition for their successes and achievements over the last five years. This year's ranking highlights the importance of finding a niche product or service to beat the recession.”

Notes to editors
* Growth rates are all over the last five years.

Commentary, analysis and case studies (including regional) will be available at www.fast50.co.uk.

Deloitte

In this press release, references to Deloitte are references to Deloitte LLP, which is among the country's leading professional services firms. Deloitte LLP is the United Kingdom member firm of Deloitte Touche Tohmatsu Limited (DTTL), a UK private company limited by guarantee, whose member firms are legally separate and independent entities. Please see www.deloitte.co.uk/about for a detailed description of the legal structure of DTTL and its member firms. The information contained in this press release is correct at the time of going to press. For more information, please visit www.deloitte.co.uk.

Deloitte Technology, Media & Telecommunications (TMT) Group

The Deloitte 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. For more information, please visit www.deloitte.co.uk/tmt.

Mimecast

Mimecast (www.mimecast.com) delivers cloud-based e-mail management for Microsoft Exchange, including archiving, continuity and security. By unifying disparate and fragmented e-mail environments into one holistic solution that is always available from the cloud, Mimecast minimises risk and reduces cost and complexity, while providing total end-to-end control of e-mail. Founded in the United Kingdom in 2003, Mimecast serves over 4 500 customers worldwide, and has offices in Europe, North America, Africa and the Channel Islands.

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Mimecast ranked seventh fastest-growing technology company in the UK, in the 2011 Deloitte Technology Fast 50

Mimecast attributes its 3102% revenue growth to its unique, unified e-mail management platform, and the ongoing shift from on-premise to cloud-based e-mail systems.