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thomsons online benefits celebrate listing in Sunday Times Tech Track 100
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(London, UK, 25th September 2006) thomsons online benefits, the leading employee benefits consultant and technology provider, today announced that it has been listed in the Sunday Times Tech Track 100, a highly coveted league which ranks Britain's fastest growing unquoted technology companies.
thomsons online benefits was ranked 32nd in the league. Rankings are based on percentage sales growth, with thomsons online benefits recording an impressive 94 per cent compound annual growth rate over the two financial years between 2003 and 2005.
The Tech Track 100 league is compiled by Fast Track, the research, publishing and networking company based in Oxford.
Michael Whitfield, Managing Director of thomsons online benefits commented, "We are delighted that our continued strong growth in profits and revenue have been recognised in the Tech Track 100 listing. This cements another successful year for thomsons online benefits where we also added another four prestigious awards to bring our overall tally to nine."
He added, "It is particularly gratifying that we are the only player in the employee benefits sector to be listed. We have been revolutionising the accepted employee benefits business model by combining consultancy with technology to deliver an innovative and high quality service to our clients. Looking ahead to our year end on December 31st, we are again predicting year on year growth in our revenue in excess of 30% and EBIT of over 40%.Over recent months we have finalised our strategy for the next 3 years and we look forward to another record breaking year in 2007."
This year's Sunday Times Tech Track 100 was published in 24th September issue of the Sunday Times. More details can be found at: www.fasttrack.co.uk
About thomsons online benefits
thomsons online benefits was founded in 2000 to revolutionise the way that benefits are administered and communicated. They have won awards for both their consultancy and technology skills including: "Communication Provider of the Year" in the Employee Rewards & Benefits Awards 2006, "Corporate Adviser of the Year" in the Money Marketing Financial Services Awards 2004, 2005 and 2006, "Most Effective Use of an International Benefits Strategy" in the Employee Benefits Awards 2004 & 2006, "Flexible Benefits Solutions Provider" in the Pensions Management awards 2006, "Advanced Supply Chain Integration" National Innovation category, & "E-business" for London region in the DTI Ecommerce Awards 2004.
thomsons online benefits is authorised and regulated by the Financial Services Authority.
Further information can be found at www.thomsonsonlinebenefits.com
For more information contact:
Caroline O'Keeffe
Tel: 020 7802 5855
Email: press@t-bx.com
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