Overture Named Fastest Growing Private Company in Triangle Business Journal’s 2012 Fast 50 Awards

Advancing from its 8th place ranking last year, company takes top honors in 2012

RESEARCH TRIANGLE PARK, N.C.--()--Overture, the preferred Carrier Ethernet edge and aggregation partner for service providers and network operators worldwide, today announced its “Number 1” ranking by the Triangle Business Journal’s 2012 Fast 50 awards, which annually recognizes the 50 fastest growing private companies in North Carolina’s Research Triangle region. Since its first appearance on the list in 2008, Overture has consistently moved up in the rankings to achieve its current leadership position.

The 2011 Fast 50 award winners are selected and ranked based on a formula that counts revenue growth and profitability in the preceding three years (2009-2011). The numbers are analyzed by PricewaterhouseCoopers, a Fast 50 partner for nearly a decade.

“The foundation of this growth is a team of Overture employees that are relentlessly focused on our customers’ success.” said Mike Aquino, president and CEO, Overture. “And while we’re proud to be named the fastest growing company in the Triangle, we know this accomplishment is directly tied to our customers across the globe who continue to choose our Carrier Ethernet solutions to create innovative communications services for businesses and mobile networks.”

For information about Overture, please visit www.overturenetworks.com or follow @OvertureNews on Twitter.

About Overture Networks

Overture is the preferred Carrier Ethernet edge and aggregation partner to more than 450 service providers and network operators worldwide. By providing an entrance to a smarter network, service providers can leverage Carrier Ethernet to multiply revenue and streamline operational costs by enabling high-capacity Ethernet services over any physical media, including fiber, copper and TDM. Overture’s solutions are designed for reliability and ease of use, and arm customers to compete in demanding applications such as cloud computing and mobile communications that require greater bandwidth and smarter networks. Overture is headquartered in Research Triangle Park, NC, with offices around the globe. For more information, visit http://www.overturenetworks.com.

Contacts

Media:
Interprose PR for Overture Networks
Cathy Palmen, +1 408-268-8112
cpalmen@interprosepr.com

Release Summary

Overture receives Number 1 ranking in the Triangle Business Journal’s 2012 Fast 50 awards, which annually recognizes the 50 fastest growing private companies in North Carolina’s Research Triangle

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Contacts

Media:
Interprose PR for Overture Networks
Cathy Palmen, +1 408-268-8112
cpalmen@interprosepr.com