Syncfusion Honored with the Triangle Business Journal’s Fast 50 Award

RALEIGH, NC – NOVEMBER 5, 2007 – Syncfusion, Inc., a leading provider of ASP.NET, Windows Forms and Back Office components for the .NET platform, won the Triangle Business Journal’s Fast 50 Award for 2007.

The award is bestowed upon the fastest-growing private companies in the Triangle, as determined by PricewaterhouseCoopers, LLC with a formula that considers revenues and percentage growth over the course of three years.

“Each of the Fast 50 companies has contributed a great deal to the Triangle community,” says Charlene Grunwaldt, Triangle Business Journal publisher. “They are dynamic businesses representing diverse industries. The stories of their successes are very compelling.”

Since its inception in 2001, Syncfusion’s dedication to superior customer service and leading-edge, user-friendly .NET components has resulted in impressive growth. In just six years, the company has grown to more than 10 times its original size, it has won SD Times 100 Award for leadership in the software development industry three times—with the latest win being this year—and its products are being used with great success by many Fortune 500 companies.

Stefan Hoenig, CEO of Syncfusion says, “It’s a true pleasure when hard work and dedication pay off with success and recognition. We are honored to have been a recipient of the Fast 50 Award and to be acknowledged amongst local companies for which we have the highest regard.”