LONDON, 26 September, 2011 – Telmap, pioneers in mobile location-based services, is proud to announce that it was named 8th on the 2011 Deloitte Israel Technology Fast 50, a ranking of the 50 fastest growing technology companies in Israel. Telmap has been included on the list for the past five years.

Telmap, established in year 2000 is a world leader in mobile location-based services. Telmap provides mobile operators with white label, hosted and managed services that are fully designed to open new business opportunities and generate new revenue streams. Telmap has established a solid reputation for its innovation around end-to-end mobile local search, mapping and navigation services that enrich on-the-go experiences through integration of local content, community interactions, and relevant retail offers.

Telmap’s flagship product is the world’s first personalized Mobile Location Companion that caters to all users’ needs while out and about, with location central to everything: social interactions, deals and promotions, exploration of one’s surroundings, and more. The Telmap technological architecture is open to third party developers as well as content providers for a wide range of integration and publishing methods.

Telmap has been repeatedly selected by leading industry players including Orange FT Group, Vodafone, Vodacom, MTS, SFR, O2, Telefonica, SingTel, OPTUS, Cellcom, Pelephone, Partner and more.

“We are excited to be ranked 8th on this very prestigious list. The fact that we are on it for the 5th consecutive year is a strong indication that our growth is not only significant and consistent but also sustainable. We will continue to nurture what we view as our key success factors: our strong relationships with our customers, the mobile operators, our product superiority, our innovative business models and our strong commitment to deliver end user value around location-based services,” said Oren Nissim, Telmap’s CEO.

“Being one of the 50 fastest growing technology companies in Israel is an impressive accomplishment. We commend Telmap for making the Deloitte Technology Fast 50 with a phenomenal 1573% growth rate over five years”, said Tal Chen, partner in charge of the Deloitte Brightman Almagor Zohar Technology Fast 50 Program.