The Deloitte Technology Fast 500TM EMEA programme is the region's most objective industry award programme, recognizing technology companies that have achieved the fastest rates of revenue growth in Europe, the Middle East, and Africa (EMEA) during the past five years.

The programme is supported by the Deloitte Technology Fast 50 initiatives, which rank high-growth technology companies by location or specifically defined geographic area.

Now in its 11th year, the Technology Fast 500 programme continues to be sought out by technology companies the world over.

Deloitte Technology Fast500 EMEA winners were announced in ceremony held in London, United Kingdom.

Realising a place in the top three of the Deloitte Technology Fast 500 EMEA Ranking is a fantastic achievement in a difficult market. This year's top three companies have an average revenue growth rate over five years of 24,992%. The overall winner, Logic Bilisim, has a strong five-year revenue growth rate of 28,617%, representing a compound annual growth rate (CAGR) of 412%.

Fitsnetix places the second rank with the winning growth rate of 24557% in 2011 program, where the third winner is LeadPoint UK with 21801% growth.

The top ten winner companies of Deloitte Technology Fast500 programme has been announced.

The average five-year revenue growth rate in this year’s Deloitte Technology Fast500 EMEA ranking is 20,401 percent for the top five companies and 1,287 percent for the top 500. This was a significant increase on the 2010 growth figures of 14,027 percent for the top five and 1,192 percent for the full ranking.

With the achievement of Logic Bilişim, a Turkish technology company has one more time became the over all winner of Technology Fast500 EMEA in the last three years. Along with Logic Bilişim, this year, 27 Turkish Technology companies have achieved to be in the Fast500 ranking and Turkey became the sixth country that generated technology companies in EMEA region with outpacing Germany and Israel.

On the other hand, while the second winner of Deloitte Technology Fast50 Turkey programme, Elkotek has been ranked in the 9^th place, Fast50 Turkey’s third winner Erguvan Bilişim has achieved to be the 29^th in the Technology Fast500 EMEA programme.

Considering the situation of Turkish Technology companies in Deloitte Technology Fast500 EMEA 2011 programme, Deloitte Technology, Media and Telecomunication Leader Tolga Yaveroğlu said "Deloitte Technology Fast50 and Fast500 programmes increases the recognition of Turkish Technology companies in the global arena and it will trigger new business opportunities. With this recognition, these Turkish technology companies represent Turkey in the international technology sector".

The impressive success of Turkish companies excites us and we are honored to be representing them in our Deloitte Technology Fast500 programme. Congratulations to our 2011 winners, and we wish to see their achievements continue in the future, with connecting, growing and inspiring more.

Turkish CEOs receiving their awards in London.