Aruba Networks Ranked #1 Rising Star in Deloitte's Technology Fast 50 Program for Silicon Valley
Aruba Networks, Inc. (NASDAQ: ARUN), a global leader in user-centric networks and secure mobility solutions, today announced that it has been ranked 1st in the Rising Star category of the 2007 Deloitte & Touche USA LLP's Technology Fast 50 program for Silicon Valley. Rankings for the Fast 50 Rising Star program are based on percentage revenue growth over three years (2004-2006), and stack ranking results were only recently released. Aruba was ranked first based on a 6,221% revenue growth during this time, as compared to an average revenue growth of 1,885% for Fast 50 Rising Star winners.
The Rising Star award is a special designation for fast-growth companies that have been in business a minimum of three years, but less than five and is part of the Silicon Valley Technology Fast 50 program, which ranks the 50 fastest growing technology, media, telecommunications, and life sciences companies headquartered in Silicon Valley. This year's Silicon Valley Technology Fast 50 program is co-presented by Deloitte & Touche USA LLP and Silicon Valley Bank, Cooley Godward Kronish LLP, Korn/Ferry International, and Woodruff-Sawyer & Co.
Aruba's new generation of ultra high-performance Multi-Service Mobility Controllers and 802.11n Access Points are designed to converge 802.11n wireless LANs, firewall-enforced user access control, cellular-to-Wi-Fi integration, and secure remote access into a single unified mobile network. By offering the speed of a wired network, the low total cost of ownership and adaptability of a wireless network, and the security and centralized management for which Aruba is well known, the company is changing where and how we work. More than 3,300 customers have selected Aruba to meet their secure mobility needs in education, enterprise, finance, government, healthcare, manufacturing, and retail applications worldwide.
To qualify for the Technology Fast 50 Rising Star program, companies must be incorporated a minimum of three years, have operating revenues of at least $50,000 in 2004 and $5,000,000 in 2006, be headquartered within the San Francisco Bay Area (subsidiaries or divisions are typically not eligible), and either devote a significant proportion of revenues to the research and development of technology or own proprietary intellectual property that contributes to a significant portion of the company's operating revenues. The use of another company's technology or intellectual property in a unique way does not qualify for consideration.
Rising Star companies are automatically entered in Deloitte's Technology Fast 500 Rising Star category. Deloitte's Technology Fast 500 program ranks North America's top 500 fastest growing technology, media, telecommunications, and life sciences companies based on percentage revenue growth from 2002 to 2006. Its Rising Star ranking is based on percentage revenue growth over the period from 2004 to 2006.
About Aruba Networks, Inc.
Aruba securely delivers the enterprise network to users, wherever they work or roam, with user-centric networks that significantly expand the reach of traditional port-centric networks. User-centric networks integrate adaptive WLANs, identity-based security, and application continuity services into a cohesive, high-performance system that can be easily deployed as an overlay on top of existing network infrastructure. Adaptive WLANs deliver high-performance, follow-me connectivity so users are always within reach of mission-critical information. Identity-based security associates access policies with users, not ports, to enable follow-me security that is enforced regardless of access method or location. Application continuity services enable follow-me applications that can be seamlessly accessed across WLAN and cellular networks. The cost, convenience, and security benefits of user-centric networks are fundamentally changing how and where we work. Listed on the NASDAQ and Russell 2000® Index, Aruba is based in Sunnyvale, California, and has operations throughout the Americas, Europe, Middle East, and Asia Pacific regions. To learn more, visit www.arubanetworks.com.
About Deloitte
Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP. For more information on Deloitte's Technology Fast 500 or Technology Fast 50 programs, visit www.fast500.com.
Media Contacts
Michael Tennefoss
Aruba Networks, Inc.
+1-408-754-8034
mtennefoss@arubanetworks.comH
Jay Nichols
Sterling Communications, Inc
+1-415-392-2300
jnichols@sterlingpr.comH
