snom technology AG, developer and manufacturer of premium VoIP phones, announced today that they have received one of the coveted Deloitte "Fast 500 EMEA" awards for the first time.  Each year, Deloitte, the international auditing firm, ranks the 500 fastest-growing technology enterprises in Europe, the Middle East, and Africa, and recognizes them for their entrepreneurial excellence.  snom was ranked first among German communication and networking enterprises.  With a growth rate of 1312, 56% from 2002 to 2006, snom placed 125th in the overall ranking and 12th  among German participants.

“The high growth confirms the confidence our customers and partners have in the quality of our VoIP phones, and it also shows that our standards meet the demands of the market,” said Dr. Michael Knieling, executive director of sales and marketing for snom.  “We will continue to focus on growth and further development of innovative VoIP technology in order to be able to maintain our position among the international market leaders of the VoIP industry.”

In October, snom was among the winners of the German Deloitte “Fast 50” program and considerably exceeded the average growth rate determined by Deloitte.  The Deloitte ranking calculates this growth rate based on the cumulative annual revenue growth rates of the past five years.