Industry Recognitions and Awards

Software development lifecycle solutions provider named to annual roster of fastest-growing technology companies ranking for second year.

Waltham, MA, November 30, 2010 - Telerik, an end-to-end provider of software application lifecycle and content management solutions today announced it has again earned a spot on Deloitte’s yearly Technology Fast 500 EMEA list. The esteemed annual roster, which is based on the percentage growth of operating revenues across the past five years, highlights the 500 fastest-growing technology companies in the EMEA region. The ranking is the latest in a string of honors for the company, including its appearance on the 2010 Technology Fast 50 for Central Europe, previous rankings on Deloitte’s Technology Fast 500 EMEA and Technology Fast 50 lists, and its naming as a Deloitte Technology Fast 50 “Rising Star”.

"Making the Deloitte Technology Fast 500 is commendable in today’s highly competitive technology industry," said David Halstead, Deloitte United Kingdom, and partner in charge of the Deloitte Technology Fast 500 EMEA program. "We congratulate Telerik on being one of the 500 fastest growing technology companies in the region."

Telerik’s continued recognition as part of Deloitte’s Technology Fast 500 EMEA punctuates a year of dynamic growth and expansion. It also comes as the company continues to mature and expand its market leadership in integrated software development lifecycle solutions.

“Our continued growth and success comes from within. Telerik’s leadership and its employees are firmly dedicated to helping the company achieve new heights by delivering innovative tools that help software teams achieve maximum productivity,” said Svetozar Georgiev, CEO Telerik. “Having our vision, creativity, and hard work honored with this recognition by the Deloitte Technology Fast 500 EMEA is a testament to the efforts of all involved.”

The Technology Fast 500 list is compiled from the Deloitte EMEA Technology Fast 50 programs, nominations submitted directly to the Technology Fast 500, and public company database research. To qualify for the Technology Fast 500, technology companies must have produced base-year operating revenues of at least €50,000 and current-year operating revenues of at least €800,000. Overall, companies that ranked in the Deloitte Technology Fast 500 EMEA 2010 program averaged a growth rate of 1,192% percent.

For more information about Telerik and its portfolio of software development tools and end-to-end solutions, please visit www.telerik.com. For the complete Deloitte Technology Fast 500 EMEA list, please visit http://www.deloitte.co.uk/fast500emea/.

About Telerik
Telerik empowers its customers to create compelling app experiences across any screen. Our end-to-end platform uniquely combines industry-leading UI tools with cloud services to simplify the entire app development lifecycle. Telerik tools and services can be adopted individually or as a platform and seamlessly integrated with other popular developer solutions. More than 130,000 customers from 40,000 organizations in 94 countries depend on Telerik products, including more than 450 of the Fortune 500®, academic institutions, governments and non-profits. For additional information about Telerik, please visit telerik.com or follow @telerik on Twitter.

About Deloitte Technology Fast 500 EMEA
The Deloitte Technology Fast 500 EMEA is the region’s most objective industry-ranking standard to focus on the technology field and recognizes technology companies that have achieved the fastest rates of revenue growth in Europe, the Middle East and Africa during the past five years. Combining technological innovation, entrepreneurship and rapid growth, Fast 500 companies – large, small, public and private – span a variety of industry sectors, and are leaders in hardware, software, telecom, semiconductors, internet, media, life sciences and emerging areas, such as clean technology.

The programme is supported by the Deloitte Technology Fast 50 initiatives, which rank high growth technology companies by location or specifically defined geographic area and is run by the Deloitte Touche Tohmatsu Limited’s Technology, Media & Telecommunications (TMT) global industry group. Co-sponsors include Taylor Wessing, a leading International law firm with a focus on the industries of tomorrow, and Fidelity Growth Partners Europe, a venture and growth capital investor which backs entrepreneur with aspiration for greatness in the IT and clean technology sectors across Europe.

About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.

Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 140 countries, Deloitte brings world-class capabilities and deep local expertise to help clients succeed wherever they operate. Deloitte's approximately 170,000 professionals are committed to becoming the standard of excellence.

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Press Contacts:

Erica Burns
Telerik, Inc.
Tel: 888.365.2779 #154
Erica.Burns@telerik.com