The report, published on Sunday 19th September 2010, shows that Cybit has achieved sustained growth in sales of 150 per cent between 2007 and 2010. Head-quartered in Cambridgeshire, Cybit has become one of Europe's leading telematics service providers, having successfully extended its operations into Europe and with significant growth in international markets.
Bill Henry, CEO at Cybit: "We are delighted to be recognised by the Sunday Times Tech Track 100 for achieving significant growth within the business, and are incredibly proud of this accomplishment.
"The key to our growth as a company has been through providing products and services that are all fundamental to our customers' overall requirements, and we can provide tangible methodologies for its business-wide application."
Bill Henry continued: "As part of our business strategy, we are accelerating growth of our core products, and are providing clear leadership in the vehicle telematics market across Europe. This is a hugely exciting time for our customers and partners and everyone involved with Cybit."
About the Sunday Times Microsoft Tech Track 100
Now in its tenth year, The Sunday Times Microsoft Tech Track 100 league table is compiled by Fast Track, the UK's leading face-to-face networking events and research company focusing on top-performing private companies and entrepreneurs.
In addition to its title sponsor Microsoft, the Tech Track 100 league table is co-sponsored by Barclays Corporate and BDO. Fast Track has published league tables of private companies with The Sunday Times for the past 14 years.
Cybit is a global force in Telematics, over 2,000 business-to-business clients use the company's fleet and asset management solutions to manage in excess of 50,000 assets – primarily in the public sector, service industries and logistics and distribution markets. Solutions include in-vehicle technologies, workflow management, CanBus integration and internet-based monitoring and reporting software. The company also provides business services to advise on operational and legal issues such as duty of care and working hours.
Cybit is the low-risk partner for the implementation of fleet-wide telematics products, driven by a consultative approach that enables customers to realise progressive layers of business benefits.
The business recently de-listed from the London Stock Exchange under the new ownership of Francisco Partners, a $5 Billion private equity technology investment organisation. Cybit was recently featured in the Sunday Times International Growth league table ranking 13th nationally.
Additional information is available at www.cybit.co.uk
IBA - PR for Cybit
Tel: 01780 721 433
Marketing Manager, Cybit
Tel: 01480 423972