Voltaire Named Among Fastest Growing Companies in Israel for Second Year in a Row by Deloitte Israel Technology Fast 50

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November 5th, 2008 Leave a comment Visited 20 times, 1 so far today

Demand for High-Performance, Efficient, Scale-Out Data Center Solutions Continues to Drive Growth

Voltaire Ltd. (NASDAQ: VOLT), a leading provider of grid backbone solutions for data centers, today announced that it has been named the second-fastest growing company on the 2008 Deloitte Israel Technology Fast 50, a ranking of the fastest growing technology companies in Israel.

“We are very pleased to be recognized by Deloitte as a high growth company for the second consecutive year,” said Ronnie Kenneth, Chairman and CEO, Voltaire. “Voltaire’s switching and software products deliver the right balance of high-performance and efficiency that today’s scale-out data centers require. Moving ahead, we will continue to expand our business by bringing new, innovative products and solutions to market through our strong network of OEM partners that consist of technology industry leaders including HP, IBM, Sun, SGI and Bull.”

“Achieving sustained revenue growth of 4,405% over five years is a tremendous accomplishment for a technology company operating in a competitive world,” said Asher Mechlovich, partner in charge of the Deloitte Brightman Almagor Zohar Israel Technology Fast 50 Program. Voltaire deserves a lot of credit for its remarkable growth, and we commend them for it.”

To determine the fastest growing companies, Deloitte reviewed fiscal year revenues over five years (2003-2007), calculated the revenue growth percentage over five years, and compared the growth of technology companies.

About Voltaire

Voltaire (NASDAQ: VOLT) designs and develops server and storage switching and software solutions that enable high-performance grid computing within the data center. Voltaire refers to its server and storage switching and software solutions as the Voltaire Grid Backbone™. Voltaire’s products leverage InfiniBand technology and include director-class switches, multi-service switches, fixed-port configuration switches, Ethernet and Fibre Channel routers and standards-based driver and management software. Voltaire’s solutions have been sold to a wide range of end customers including governmental, research and educational organizations, as well as market-leading enterprises in the manufacturing, oil and gas, entertainment, life sciences and financial services industries.

Founded in 1997, Voltaire Ltd. is headquartered in Herzliya, Israel, and has its U.S. headquarters in Billerica, Massachusetts. More information about Voltaire is available at www.voltaire.com or by calling 1-800-865-8247.

Forward Looking Statements

Information provided in this press release may contain statements relating to current expectations, estimates, forecasts and projections about future events that are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally relate to the Voltaire’s plans, objectives and expectations for future operations and are based upon management’s current estimates and projections of future results or trends. They also include third-party projections regarding expected industry growth rates. Actual future results may differ materially from those projected as a result of certain risks and uncertainties. These factors include, but are not limited to, those discussed under the heading “Risk Factors” in Voltaire’s annual report on Form 20-F filed with the Securities and Exchange Commission on May 5, 2008. These forward-looking statements are made only as of the date hereof, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

All product and company names mentioned herein may be the trademarks of their respective owners.

Contacts

Media:
Voltaire
Christy Lynch, +1 978-439-5407
christyl {at} voltaire(.)com
Investor Relations:
CCGK Investor Relations
Ehud Helft / Fiona Darmon
+1 646-797-2868 / +972 54 566 3221
info {at} gkir(.)com





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