Industry Recognitions and Awards

2013 Results Reveal 93% Employee Engagement across the Company

Sofia, Bulgaria - November 22, 2013 – Telerik AD, an end-to-end provider of application development tools and solutions for building and analyzing cross-platform and mobile applications, has been named “Best Employer in Bulgaria” for 2013. This is the sixth consecutive year Telerik has been named a leading employer in the country in the annual "Best Employers Study,” dating its first win back to 2007.

AonHewitt, a global leader in human resource solutions, conducts the annual study, the results of which show very high levels of satisfaction and engagement (93%) among Telerik AD employees. The “Best Employer in Bulgaria” award distinguishes Telerik AD once again from other employers for its great work environment, excellent remuneration and benefits packages, company resources, and the opportunities it provides for training and professional development.

Since 2007, the study placed Telerik AD among the leading employers in Bulgaria. Telerik AD’s past awards include being named “Best Employer in Bulgaria” among small and medium-sized companies in 2012, 2010 and 2007. With over 800 highly-skilled employees globally in 2013, this is the first time Telerik AD has placed first among medium and large-sized companies with headcounts between 250 and 1,000 and over 1,000 employees.

“The open, friendly communication between everyone on the Telerik team, regardless of their title, responsibilities and location, is something that we have insisted on since day one. We will continue this practice going forward, no matter how big and geographically dispersed our organization gets. Our unique culture is among the biggest contributing factors to our continued success and definitely the top reason why Telerik has been now been named “Best Employer in Bulgaria” for 6 years in a row," said Svetozar Georgiev, co-founder and CEO of the company.

The software company adds the 2013 “Best Employer in Bulgaria” award to its other achievements this year. Telerik, which has over 130,000 customers, including more than 450 of the Fortune 500 organizations, increased its global headcount by over 240 new employees in the past 11 months.

In 2013 the Telerik Group opened 2 new offices — in Palo Alto, California, and Copenhagen, Denmark, following its acquisition of the Danish company EQATEC A/C. Also this year, a world leading information technology research and advisory company, Gartner, positioned Telerik Test Studio in the “Visionaries” Quadrant of its Magic Quadrant for Integrated Software Quality Suites.

Among the company’s other significant achievements in 2013 are:

• Two awards in the 2013 Best in Biz Awards International – “Company of the Year” and “Most Socially Friendly Company of the Year”
• European Business Awards, Ruban d'Honneur – Telerik AD is named one of Europe’s 100 most successful businesses
• Two awards by the Bulgarian Association of Information Technologies for “Corporate and Social Responsibility” and for “IT Education" for Telerik AD’s free software education initiative, “Telerik Academy”
• 2013 Best of TechEd Awards: Software Development for Telerik DevCraft
• Best in Biz Awards 2013 EMEA: Best New Product of the Year for Telerik Icenium

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.

Telerik is a registered trademark or trademark of Telerik AD in the United States and/or other countries.

All other products and services listed herein either are, or may be, registered trademarks or trademarks of their respective owners in the United States and/or other countries.

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Press Contacts:

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