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  • 17 December 2013 09:00

Not just for start-ups: MyNetFone features in Deloitte Tech Fast 50 Australia for the fifth time

Sensational growth of 240 per cent over the past three years secures honours

MyNetFone (ASX: MNF), Australia’s leading provider of hosted voice and data communications services for residential, business and enterprise users, has once again been recognised by the Deloitte Tech Fast 50 Australia and Tech Fast 500 Asia Pacific 2013 awards.

This is the fifth time the business has been honoured by the awards that track year-on-year growth of companies based on their last three years of revenue.

“You often see start-ups scoring well in these types of awards, because it is easy to show a large percentage of growthwhen building on a small base,” said Rene Sugo, CEO of MyNetFone. “. As years go by, however, it becomes harder to maintain that high growth - yet that is what we've been able to do consistently for close to a decade.” MyNetFone came 11th overall in the Deloitte Tech Fast 50 Australia with growth of 240 per cent. In the Deloitte Tech Fast 500 Asia Pacific, the company came 136th against a large field, including companies based in China, Hong Kong SAR, India, Indonesia, Japan, Macau SAR, Malaysia, Philippines, New Zealand, Singapore, South Korea, Taiwan, Thailand and Vietnam.

“Such a high ranking among the top technology businesses in Australia, after so many years in the business, is something to be proud of,” said Mr Sugo. “On top of that, to make the cut among all the amazing technology companies and startups across Asia Pacific is equally remarkable. I'm very proud of our team following these two results.”

In addition to very strong organic growth, MyNetFone also successfully completed the acquisition of several well-known Australian telecommunication businesses, including Connexus, GoTalk Wholesale, CallStream and PennyTel during the course of 2012 and 2013.

ENDS

About MyNetFone Limited MyNetFone Limited, (ASX:MNF) is Australia’s leading provider of hosted voice and data communications services for residential, business and enterprise users. MyNetFone was first founded in 2004, was listed on the ASX in mid 2006, has 62million shares on issue, has operated profitably since 2009 and has paid dividends to its shareholders every six months since September 2010. The company has a reputation for quality, value and innovation, having won numerous awards including the Deloitte Technology Fast 50 (2008, 2009, 2010,2012 and 2013), PC User Product of the Year (2005), Money Magazine Product of the Year (2007) and many others. MyNetFone’s wholly owned subsidiary, Symbio, owns and operates Australia’s largest VoIP network, providing wholesale carrier services to the Australian industry, including number porting, cloud-based hosted PBX services, call termination, call origination and many other infrastructure enabled services. The Symbio network carries 3.2 Billion minutes of voice per annum.

For further information please contact:

LEWIS PR on 02 9409 3100

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