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Press Release -- November 22nd, 2011
Source: Overture Networks
Tags: Ethernet

Overture Networks Wins 2011 Triangle Business Journal’s Fast 50 Award

Building on its momentum as a leading Carrier Ethernet solutions provider, Overture Networks ranked 8th fastest growing privately owned company in the Triangle

RESEARCH TRIANGLE PARK, NC, November 21, 2011Overture Networks, the industry’s trusted Carrier Ethernet solutions provider, today announced it has once again received the Triangle Business Journal’s 2011 Fast 50 Award, which recognizes the 50 fastest growing private companies in the Triangle.  Since its first Fast 50 Award in 2008, Overture Networks has steadily moved up the Fast 50 rankings, and is now recognized as one of the top ten fastest growing private companies in the Raleigh-Durham area.

The 2011 Fast 50 award winners were selected and ranked based on a formula that counts revenue growth and profitability in the preceding three years (2008-2010). The numbers are analyzed by PricewaterhouseCoopers, a Fast 50 partner for nearly a decade.

“This Fast 50 recognition is something that every Overture employee can take pride in and is a strong vote of confidence that we are helping our service provider customers succeed with our industry leading products and services.” said Jeff Reedy, CEO, Overture Networks. “We’re proud to be building a great company right here in the Triangle and one that is focused on developing the very best Carrier Ethernet solutions for our customers across the globe.”

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

About Overture Networks

Overture Networks is the preferred Carrier Ethernet edge and aggregation partner to more than 450 service providers and enterprise customers worldwide. The company’s flexible, high-quality and high-performance solutions help service providers fully leverage Carrier Ethernet to multiply revenue and streamline operational costs by cost-effectively enabling high-capacity Ethernet services over any physical media, including fiber, copper and TDM, for applications ranging from speeds of 1Mbps to 10Gbps. With an award-winning universal Ethernet services platform, Overture Networks gives providers a competitive edge for demanding applications, such as cloud computing and mobile communications that require greater bandwidth and smarter networks. Overture Networks is headquartered in Research Triangle Park, NC, with a technology center in Richardson, Texas. For more information, visit http://www.overturenetworks.com.

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