Mozat Named One of Deloitte’s 2011 Technology Fast 500 in APAC
Attributes its Significant Growth to Product Innovation, Strategic Partnerships and New Market Penetration
Singapore, 1 December 2011 – Mozat Pte Ltd, a leading mobile social platform for operators, today announced that it has made this year’s Deloitte’s Technology Fast 500 Asia Pacific, a ranking of the 500 fastest growing technology companies in the APAC region. Rankings are based on percentage revenue growth over three years. Through MOZAT, its mobile social platform, it is now serving 16 million subscribers worldwide, with strong presence in the Middle East and is now widening its footprint in the Asia Pacific region.
Mozat’s CEO, Dr Michael Yin, credits product innovation, key partnerships with telecom operators and new market penetration with the company’s significant growth over the past three years. He said, "This recognition is testament to our commitment in enriching people’s lives by driving mobile innovation. We continuously improve and strive for excellence in providing a mobile social platform that places operators at the centre of the mobile ecosystem, helping them expand their market share.”
At present, Mozat has 15 telco partners, including Vodafone in Egypt, STC in Saudi Arabia, Viva Telecom in Kuwait and Bahrain, Umniah Telecom in Jordan, among others. Its mobile social platform supports more than 600 types of devices from major mobile platforms (Android, BlackBerry, iOS, J2ME, Symbian and soon, Windows Phone 7).
“Because Deloitte Technology Fast 500 Asia Pacific measures sustained revenue growth over three years, being one of the 500 fastest growing technology companies in Asia Pacific is an impressive achievement,” said Yoshitaka Asaeda, partner in charge of Deloitte’s Technology Fast 500 Asia Pacific program. ”Mozat deserves a lot of credit for its remarkable growth.”
Deloitte Technology Fast 500 Asia Pacific selection and qualifications
The Technology Fast 500 list is compiled from the Deloitte Asia Pacific Technology Fast 50 programs, nominations submitted directly to the Technology Fast 500, and public company database research. To qualify for the Technology Fast 500, entrants must have had base-year operating revenues of at least US$ 50,000.
Entrants must also be public or private companies headquartered in Asia Pacific and must be a “technology company,” defined as a company that develops or owns proprietary technology that contributes to a significant portion of the company’s operating revenues; or manufactures a technology-related product; or devotes a high percentage of effort to the research and development of technology. Using other companies’ technology in a unique way does not qualify.
About Mozat Pte Ltd
Mozat Pte Ltd is a leading mobile social platform for operators worldwide. Mozat’s award-winning mobile social platform envisions connecting mobile communities for long-term brand loyalty and engagement. It enables integrated social networking, communication tools and multi-player gaming on a single application. It supports over 600 different handsets across all popular mobile operating systems, such as Android, BlackBerry, Symbian, iOS and J2ME. Serving over 16 million mobile users worldwide, Mozat is building the “social hub” for the world’s top telecommunications operators.
Mozat is backed by JAFCO Asia and seed-funded by Singapore investment funds BAF Spectrum Pte Ltd, Symphony Investments Pte Ltd, SPRING SEEDS Capital Pte Ltd and NUS Enterprise Pte Ltd. For more information, please visit http://www.mozat.com.
About the Technology Fast 500 Asia Pacific Program
The Deloitte Technology Fast 500 Asia Pacific program recognizes technology companies that have achieved the fastest rates of revenue growth in Asia Pacific during the past three years. The program 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 Deloitte Touche Tohmatsu Limited’s Technology, Media & Telecommunications (TMT) global industry group.
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 150 countries, Deloitte brings world-class capabilities and deep local expertise to help clients succeed wherever they operate. Deloitte’s approximately 182,000 professionals are committed to becoming the standard of excellence.
- Contact Information
- Marie Mijaro
- Marketing Communications Manager
- Mozat Pte Ltd
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