TTTech among Europe's Top 500 Growth Companies for the Fourth Time in Succession

VIENNA, Austria--()--Nov. 8, 2005--TTTech Computertechnik AG, the leader in the field of time-triggered technology, has been ranked 325th among Europe's 500 fastest growing companies in 2005. This is the fourth time in succession that TTTech has been listed for this celebrated award, which honors the most successful job creating, entrepreneurial companies in 28 European countries. The winners of the Europe's Top 500 listing are determined on the basis of various company data, including turnover, job creation, and profitability. The ranking is published by Entrepreneurs for Growth, a pan-European membership association.

TTTech has successfully sustained its performance over the last four years. Consistent growth and high performance are among the key criteria for a ranking in the Top 500. The company's turnover grew by 34% over the last three years.

Georg Kopetz, a co-founder and member of TTTech's executive board, sees the continuing excellent rankings as a result of the company's product quality and the high-level customer satisfaction. "The constant rankings among the Top 500 prove that we have been able to strengthen our position as know-how leader in a challenging market environment. We are proud that even during the economic slow-down of the recent past we managed successfully to increase the company's performance, and to achieve an employment growth of 74% since 2001."

TTTech's solutions considerably improve the safety and reliability of networked computer systems in the transportation industries and are based on the Time-Triggered Architecture (TTA). Products developed by TTTech have captured a significant share of an international market and are in position to take off for the skies. The company cooperates closely with technology innovators and world leaders in the aerospace domain, in on-road and off-road industries, and in the railway sector. International car and aircraft manufacturers rely on TTTech's proven communication platform Time-Triggered Architecture. This technology is used for the most advanced airliners and for next-generation engine control systems in aircrafts.

TTTech's gross performance was EUR 11.8 million in 2004. By October 2005, the company has 140 employees. It maintains subsidiaries, branch offices and sales representations in Germany, Italy, the United States, Japan, and Korea.

Further information is available at: http://www.tttech.com/press/docs/pressreleases/PR_2005-11-03-Europe-500.pdf (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)

Contacts

TTTech Computertechnik AG
Petra Hamm-Fierthner, +43 1 585 34 34-0
Fax: +43 1 585 34 34-90
E-mail: pr@tttech.com
Web: www.tttech.com

Contacts

TTTech Computertechnik AG
Petra Hamm-Fierthner, +43 1 585 34 34-0
Fax: +43 1 585 34 34-90
E-mail: pr@tttech.com
Web: www.tttech.com