Proximion Fiber Systems AB Recognized Again by the 2011 Deloitte Technology Fast 500 EMEA Rankings

Press ReleaseDeloitte Technology Fast 500 EMEA Winner 2011
November 29, 2011
 

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Ranked as number 31 marks five years of exponential sales growth for Dispersion Compensation Module leader

Kista, Sweden – November 29, 2011 – Proximion Fiber Systems AB, a leader in Fiber Bragg Gratings (FBG)-based Dispersion Compensation Modules (DCMs), today announced that for the third consecutive year, the company was ranked among the Technology Fast 500™ EMEA companies. This year, Proximion ranked as number 31 in Deloitte’s prestigious annual ranking of the fastest-growing public and private technology, media, telecommunications, life sciences, and clean technology companies in the EMEA region.

The Deloitte Technology Fast 500 recognizes technology companies that have achieved the fastest rates of revenue growth in Europe, the Middle East, and Africa (EMEA) during the past five years. Fast 500 companies—large, small, public and private—span a variety of industry sectors, and are leaders in hardware, software, telecom, semiconductors, Internet, media and entertainment, life sciences and emerging areas, such as clean technology. The Tech Fast 500 ranking is determined through nominations and publicly-available company material.

Stefan Ekman, CEO of Proximion, commented: “We are very proud to be ranked 31st out of 500 other fast-growing companies in the Deloitte Technology Fast 500TM EMEA ranking, significantly improving last year’s position as number 121 and its 2009 ranking as number 312. The award is a testament to all the hard work by the Proximion team and recognition to the quality and need for our products. A key success factor is that we have reached the technology forefront year after year, delivering state-of-the-art technology solutions to our customers. With our innovative products for advanced 40G and 100G coherent systems we are positioned for continued strong growth.”

David Halstead, DTTL EMEA program leader, commented: “Deloitte is proud to showcase some of the EMEA region’s most successful companies, which have continued to thrive in this period of economic recovery.”

Since 2003, Proximion has shipped dispersion compensation products based on Fiber Bragg Gratings (FBGs) technology. These DCMs offer low loss, reduced latency with reduced non-linear effects as compared with alternate technology, while simultaneously reducing cost. The company is the only manufacturer of FBG-based continuous band (CB) devices, which provide full undisrupted compensation throughout the C band, thus providing total channel plan and modulation format independence. Proximion also develops and sells channelized DCMs, patch-cord DCMs, high dispersion products, Residual Dispersion Slope Compensators, and optical layer monitoring products.

About the Deloitte Technology Fast 500TM EMEA
The Deloitte Technology Fast 500 EMEA programme is the region’s most objective industry-ranking standard to focus on the technology field and is now celebrating its 11th year. The programme recognises technology companies that have achieved the fastest rates of revenue growth in Europe, the Middle East and Africa during the past five years. Combining technological innovation, entrepreneurship and rapid growth, Fast 500 companies – large, small, public and private – span a variety of industry sectors, and are leaders in hardware, software, telecom, semiconductors, internet, media and entertainment, life sciences and greentech.

About Proximion Fiber Systems AB
Proximion Fiber Systems AB is a world-class provider of optical modules and sub-systems based on Fiber Bragg Grating (FBG) technology. By combining these unique optical devices with the truly innovative skills of our team, Proximion contributes to our customers’ and partners’ success in a variety of markets.

As an example Proximion today holds the markets widest FBG based portfolio of Dispersion Compensation Modules (DCM). The portfolio ranges from single channel modules to complex continuous band modules which are used to eliminate the residual dispersion in Sub Marine Networks or to enable powerful and cost effective dispersion compensation in coherent systems.

Proximion has pioneered design, manufacturing, and application of advanced FBGs. Proximion’s unique and patented method enables manufacturing of FBGs with virtually any filter characteristics. Proximion is a privately held company headquartered in Kista, Sweden.

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Media Contacts:

Lynda Starr, Vantage Communications for Proximion
Phone: +1 973 386 5949
E-mail: LStarr@pr-vantage.com

Stefan Ekman, CEO, Proximion
Phone: +46 70 319 75 35
E-mail: Stefan.Ekman@Proximion.com

Tobias Persson, VP Marketing & Sales, Proximion
Phone: +46 70 887 44 01
E-mail: Tobias.Persson@proximion.com