November 3, 2010



Sygic is the fourth fastest growing technology company among entities from 13 countries of Central and Eastern Europe, according to Deloitte's Techno­logy Fast 50 this year.

In the past two years, Sygic was awarded number 6 in the subcategory Rising Stars of the prestigious Technology Fast 50 Central Europe program by Deloitte, which is ranking and awarding the fastest growing companies from 13 countries of Central and Eastern Europe. In 2010 Sygic surpassed five years of its existence and moved from Rising Stars subcategory into the Main category, where it reached the rank number 4 at a growth rate of 1917%, based on its revenue growth between 2005 and 2009.

„I would like to give my thanks and this honour to the whole team of Sygic. We are very proud to rank this high in the main category of the Deloitte Fast 50, considering the large amount and variety of competing companies. It makes us confident that we are on the right track with our product development and services.“ says Michal Stencl, Sygic's CEO.

The Deloitte Technology Fast 50 program was started in Silicon Valley, California in 1995 and has expanded into a Technology Fast 500 in North America, Asia-Pacific and Europe. This program operates independently in 17 countries outside of the United States and in one region - Central Europe. The Central European Technology Fast 50 ranks fast-growing technology companies in the Czech Republic, Hungary, Latvia, Estonia, Poland, Slovakia, Bulgaria, Romania, Serbia, Croatia, Slovenia, Bosnia and Herzegovina and Lithuania. Besides the main category awarding top Technology Fast 50 companies, there are two subcategories to this program: 10 top Rising Stars, ranking companies younger than 5 years, and the Big 5, ranking companies with minimum annual revenue EUR 25 million.

The complete rankings are available at: www.deloitte.com/fast50ce

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Media contact: Anna Hurbanic, PR Manager, ahurbanic@sygic.com

About Sygic    www.sygic.com

Sygic develops, markets and sells innovative, location-based products and turn-by-turn voice-guided GPS navigation software. Sygic Mobile Maps applications are present across more than 200 types of devices and operating systems such as the iPhone, Symbian, Maemo, Android, Windows Mobile, Windows CE, Windows XP/Vista and Linux. The revolutionary Sygic Aura is available for iPhone and it under preparation on further platforms. Sygic's GPS/LBS software is delivered worldwide in English, Spanish, Chinese, Arabic, Russian, Italian, and 20 other languages.
Sygic works with map industry leaders for supreme mapping support through all regions of the globe and it cooperates strongly with leading PND, phone and PMP manufactures globally to bring the latest technology to markets everywhere.

Sygic and the Sygic logo are registered trademarks of Sygic