F5 Networks (NASDAQ: FFIV), the global leader in Application Delivery Networking (ADN), has been named one of the world's fastest-growing companies, according to FORTUNE.
F5 is ranked number 64 among what FORTUNE calls “the world's supercharged performers” on its 2010 list of 100 Fastest-Growing Companies. F5, the only company in its market space to make the list of 100, ranks number 17 among the top technology companies.
“It's truly gratifying for F5 to be recognised by FORTUNE as one of the world's fastest-growing companies,” said John McAdam, President and CEO of F5. “I believe our ability to thrive in today's economic climate is due to the strategic value our solutions provide to customers - allowing them to respond quickly to change, scale their businesses online, reduce costs, and ultimately, to be more competitive.”
The following criteria was evaluated in determining FORTUNE's list of 100 Fastest-Growing Companies: listing on a major US stock exchange; filing quarterly reports with the SEC; a minimum market capitalization of $250 million and a stock price of at least $5 on 30 June 2010; and trading continuously since 30 June 2007. The company must also have revenue and net income of at least $50 million and $10 million, respectively, for the four quarters ended on or before 30 April 2010. Finally, the company must have posted an annualised growth in revenue and earnings per share of at least 15% annually over the three years ended on or before 30 April 2010.
The full list and related stories appear in the 6 September 2010 issue of FORTUNE, available on newsstands on Monday, 23 August, and online at http://money.cnn.com/magazines/fortune/fortunefastestgrowing/2010/index.html.
F5 Networks is hiring. Please visit http://www.f5.com/about/careers/ for more information.
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F5 Networks
F5 Networks is the global leader in Application Delivery Networking (ADN), focused on ensuring the secure, reliable, and fast delivery of applications. F5's flexible architectural framework enables community-driven innovation that helps organisations enhance IT agility and dynamically deliver services that generate true business value. F5's vision of unified application and data delivery offers customers an unprecedented level of choice in how they deploy ADN solutions. It redefines the management of application, server, storage, and network resources, streamlining application delivery and reducing costs. Global enterprise organisations, service and cloud providers, and Web 2.0 content providers trust F5 to keep their business moving forward. For more information, go to http://www.f5.com.
F5 and F5 Networks are trademarks or service marks of F5 Networks in the US and other countries. All other product and company names herein may be trademarks of their respective owners.
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