Telcogames Listed As The Fastest Growing Mobile Games Company
Telcogames the Seventh fastest growing Digital Media Company in the UK
London, UK 29th March 2007 - Telcogames, a global publisher, developer and distributor of mobile games was listed the UK's Seventh fastest growing Digital Media business in the prestigious Media Momentum league table at an awards ceremony in central London.
GP Bullhound's, Media Momentum Top 100 recognises Digital Media Companies across the UK who have shown a significant sales growth over a two-year period.
The league table ranks the companies on the revenue growth achieved between 2003-2005, with Telcogames representing a massive growth rate of 1408%. All participating companies were required to have delivered revenues of at least 500k in 2005.
This years judging panel consisted of a number of well known journalists from the mobile sector including Tim Green, Editor of the industries Mobile Entertainment Magazine and Michael Nutley, editor in Chief for New Media Age.
Last years winner achieved revenue growth over a 2 year period of an impressive 3,659% however this would only place them in forth place in this years list. At the other end of the league table the improved performance is also evident, with companies requiring revenue growth of 32% to make it into the coveted top 50, this year companies needed to show growth of at least 85%.
Jamie Conyngham, CEO, Telcogames said, "The strong growth of the Top 50 demonstrates the health of the digital media industry and the quality of the talent that it is attracting. We are thrilled to be listed in the top ten and hope our increasing growth will be recognised next year".
Headquartered in London, Telcogames is a global publisher, developer and distributor of quality mobile games across all major formats including Symbian, Windows Mobile, Linux, J2ME and Brew. It distributes mobile games to tier 1-3 carriers globally and is regarded as the leader in off-portal distribution. Telcogames portfolio of games consists of the best mobile games from over 100 different companies. Telcogames has two internal studios, Magic Productions, which ports console games to native mobile devices, and Fathammer, which is a leading 3D mobile game production company as well as a creator of its own high quality 3D games for multiple platforms. Telcogames is privately owned, and has offices in London, Liverpool, Paris, Seoul, Norrkopping, Tokyo, Helsinki, Dusseldorf, Tel Aviv and Taipei. www.telcogames.com
About GP Bullhound
Established in 1999, GP Bullhound is a research centric investment bank focused on providing capital-raising services and mergers & acquisition advice to companies in the digital media and technology sector. It raised and released over $150m for entrepreneurs and shareholders in 2006 alone.
With offices in London and Silicon Valley, GP Bullhound is recognised as one of the leading independent investment banks focused on the technology sector in Europe and the US. The firm has particular experience and expertise in digital media, software and services, and is regularly requested to provide commentaries on CNN International, CNBC Europe and BBC World, as well as print media and industry conferences.