Polystar recognised as a fastest growing company in Sweden

Stockholm, Sweden, 27 May 2010 - Polystar OSIX, a leading supplier of OSS/BSS solutions for the telecom market, today announced, that it has been ranked as one of the fastest growing companies in Sweden.

This year's Growth Ranking List - 17th annual consecutive edition - was developed by Ahrens Rapid Growth. 1800 companies were nominated to the Growth Ranking List this year, 68 of which fulfilled the criteria, by showing an average organic annual growth of 25 percent over the last six years. Among other requirements, company must have been profitable over the last two years, and at least four of the past seven years. It shall show a stable sales growth exceeding 20 percent in one of the last two years and conform to a wide range of further prerequisites.

With the average growth of 55 percent, Polystar fulfilled all these tough criteria with abundance. Polystar has experienced a streak of unbroken profitability since its foundation, showing a continuous and sustainable growth over the last several years. Polystar's persistent work of developing and delivering market-leading solutions for telecom operators has given considerable results. With a focused strategy of gaining new markets, Polystar has spread its customer base over 50 countries, which made a clear result in the growth figures.

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Tags: fastest growing company in Swede, Growth Ranking List, polystar


About Polystar OSIX AB

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Inna Ott
Press Contact, Polystar OSIX AB