OpenPlug awarded national OSEO Prize in Deloitte’s 2009 Technology Fast 50 ranking of the fastest growing technology companies

Thanks to its innovative culture and market-leading customer acquisition strategy, the company has achieved a 2100% growth in 5 years.

Sophia Antipolis – Paris, France, November 19th, 2009 – OpenPlug has received the national OSEO prize and been ranked 12th in the Deloitte Technology Fast50 ranking of the fastest growing technology companies. The ranking is attributed according to each company’s turnover growth rate over the last five years. From 2004 to 2008. OpenPlug has enjoyed a 2100% growth rate.

Eric Baissus, OpenPlug’s CEO, attributes this impressive growth rate to the company’s innovative culture and its business development strategy which is centered on the leaders of the mobile telephony industry. He said, “We are very happy to receive this prize in recognition of the work accomplished by our whole team since 2002. In our constantly-evolving market of the mobile telephony industry, it is crucial to innovate continuously in order to maintain a leadership position. We are doing this thanks to the invaluable support from OSEO, allowing us to be amongst the fastest growing companies in France and Europe”.

Deloitte's Eric Morgain, the Associate at Deloitte in charge of the Technology Fast50 program, said that, “Managing to attract and retain a sufficient number of customers, and reach such a level of growth over five years, is testament to the products’ quality and the excellence of the management team. OpenPlug has demonstrated the solidity of its growth strategy and deserves all our congratulations”.

Annie Geay, Innovation Director at OSEO, added, “We have believed in OpenPlug’s project and supported it since their beginning. OSEO is bringing the resources and tools required to allow the financing of this remarkable expansion. This special OSEO innovation prize rewards an elegant technology and the vision of its founder. »

About Open-Plug
OpenPlug is a software provider specialized in mobile telephony and commercialises under the ELIPS name a range of patented technologies that facilitate the development of mobile phones, smartphones and the applications that run on them. ELIPS offers the first open software development environment allowing ISVs to create and deploy simultaneously in record time their mobile applications on iPhone, Android, Symbian, Windows Mobile, Linux and other proprietary systems. ELIPS also offers an application suite that facilitates the design of mass-market mobile phones. Millions of Tier-1 mobile phones worldwide embed ELIPS. OpenPlug customers include the leaders of the mobile industry such as Sony Ericsson, Intel Corporation, Arima Communications, Foxconn. Founded in 2002, OpenPlug is based in Sophia Antipolis – France.
For more information, www.openplug.com
iPhone, Android, Symbian, Windows Mobile and Linux are registered trademarks of their respective owners.

About OSEO
OSEO supports the innovation and growth of SMEs across three complementary activities : innovation support and funding, funding investments and operations alongside banks, guaranteeing the funding granted by banks and venture capital investors. OSEO supports innovative companies with growth potential since these are the ones that foster the dynamics of employment and investment.
For more information, www.oseo.fr

About the Technology Fast 50 program
Established in 1995 in San Jose, California, at the heart of the Silicon Valley, the Technology Fast 50 program was further extended to the whole of United States, then UK, Canada, Netherlands, Israel and France. It is now present in more than 40 countries and regions worldwide. It was created to highlight the remarkable contribution of technology companies to the overall economic growth.

About Deloitte in France
Deloitte calls on diversified expertise to cover the scope of services required by its clients of all sizes from all industries - major multinationals, local micro-companies and medium-sized enterprises.
Our 6,300 professionals and partners embody the vigor and success of the Firm in their commitment to clients and their constant concern for service excellence. Deloitte offers a very comprehensive range of services: audit, consulting and risk services, tax and legal, accounting and corporate finance, in accordance with its multidisciplinary strategy and ethical approach.
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For more information, please visit www.deloitte.fr

About Deloitte worldwide
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Press Contacts:
OpenPlug
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Tel: 06 25 80 81 21

OSEO
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Tel: 01 41 79 84 33