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Satisfied customers give Transmode record growth rate.

Europe Intelligence Wire

| October 28, 2009 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Hugin)

STOCKHOLM, Sweden - 27 October 2009 - for the fifth year in a row Transmode, one of the leading suppliers of optical networking solutions, has been placed near the very top of international auditing and consulting company Deloitte's list, Fast 50, of the fastest growing technology companies in Sweden.

A growth of 3,368 percent over the past five years - from 18 million SEK 2004 to 607 million SEK 2008 - secured second place among the 50 companies ranked in the Swedish Technology Fast 50. That means that Transmode is the fastest growing hardware company in Sweden, as well as its next biggest supplier of telecom equipment.

Set up in 1995, the …

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