Sulake ranks as the 12th fastest growing technology company in Europe
-Sulake's sustained revenue growth percent was 8 095% over the last five years
Helsinki - 29th of November 2006 – Sulake Corporation, the creator of Habbo - one
of the world's fastest growing teen online communities - was ranked 12th in Deloitte's Technology
Fast 500 EMEA list. Sulake is an interactive entertainment company focused on online communities,
casual multiplayer games and social media. Sulake was also the fastest growing Nordic technology
company on the list. Last year, Sulake was ranked 8th in the same European ranking.
The Technology Fast 500 EMEA is a program that ranks the fastest growing technology
companies in Europe, Middle East and Africa (EMEA), highlighting both established and emerging
technology companies. Fast 500 measures sustained revenue growth of over five years. The growth of
Sulake has been rapid and consistent. Sulake's growth percent over the last five years was
8 095%.
Sulake's main product Habbo is a richly colorful, multi-dimensional virtual world, online
community and game environment for teens. Currently there are Habbo communities in 29 countries on
five continents. To date, over 66 million Habbo characters have been created and 7 million unique
users worldwide visit Habbo each month (source: Nielsen Netratings, October 2006).
"Ranking close to the top ten fastest growing tech companies in Europe for the second time
in a row is a remarkable achievement and shows that our growth has been really consistent during
the last years. The success of Habbo has continued also during 2006 and we are expecting solid
growth for 2007 as well," comments
Timo Soininen, CEO of Sulake Corporation.
"Sulake has successfully created its own global marketplace with excellent people, strong
investors and right timing. Being global and local at the same time has been the engine for
growth," comments Deloitte partner
Matti Copeland in Helsinki.
For more information, please contact:
Timo Soininen
CEO, Sulake Corporation
Tel. +358 10 656 7000
timo.soininen@sulake.com