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Follow on Google News | NextBiT listed on Technology Fast 500 Asia PacificNextBiT Ranked Number 83 Fastest Growing Technology Company on the Deloitte Technology Fast 500 Asia Pacific 2009. Attributes its 425% Percent Revenue Growth to continued focus on future consumer electronic technology research and licensing.
By: NextBiT Computing NextBiT Computing’s CEO, Vishal Borker, credits focus on future technology research and the flexible licensing options made available to Consumer Electronic OEM's, with the company’s 425% revenue growth over the past three years. He said, "In times of economic uncertainties, NextBiT stuck to its vision of continued research and development on next generation consumer electronic device technologies and device designs. Our focused efforts on developing next generation devices out of India has helped us provide to our customers cost effective device designs provided under flexible licensing options. This is just the start!" “Making the Deloitte Technology Fast 500 Asia Pacific ranking is a testament to a company’s commitment to technology,” NextBiT also ranks number 11 company in the category of “Semiconductor, Components and Electronics” In addition to ranking on Deloitte’s Technology Fast 500, NextBIT Computing ranked number 11 on the India Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in India. Technology Fast 500 Asia Pacific selection and qualifications: The Technology Fast 500 list is compiled from Deloitte’s Technology Fast 50 Asia Pacific programs, nominations submitted directly to the Technology Fast 500, and public company database research. To qualify for the Technology Fast 500, entrants must have had first year operating revenues of at least US$50,000. Entrants must also be public or private companies headquartered in Asia Pacific and must be a “technology company,” defined as a company that owns proprietary technology that contributes to a significant portion of the company's operating revenues; Manufactures a technology related product, or devotes a significant proportion of revenues to the research and development of technology. # # # NextBiT Computing is a growing Original Design Manufacturer and provider of Market Proven Hardware/Software Intellectual Property components, and complete product solutions for the multimedia, consumer electronic, broadcast, hand held and convergence industry. NextBiT Computing is based out of Bangalore, India, With sales presence in Dubai, Singapore, Japan and Korea. End
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