Sckipio Named Deloitte Israel Fast 50 - Rising Star

Sckipio takes top spot as fastest growing young company in 2016


RAMAT GAN, ISRAEL--(Marketwired - November 30, 2016) - Sckipio Technologies announced today that the company was named as a Deloitte Israel Fast 50 - Rising Star in the number one spot with a remarkable 2014-2015 year-over-year growth rate of 1586%. Dubbed the "Next Generation of Titans," Deloitte Israel Fast 50 - Rising Star companies are measured by sustained revenue growth over two years and Deloitte recognizes those with the fastest growth rate.

"Making it on the Technology Fast 50 shows a deep understanding of the market," said Shally Tshuva, Technology, Media & Telecommunications Industry Leader at Deloitte Israel. "Presenting such growth rates shows that Sckipio holds the agility needed to prosper in a challenging and dynamic market."

Sckipio is the first semiconductor company focused on the new ITU standard, G.fast. The company was founded by a veteran team of communications experts with deep experience in broadband access and home networking solutions. Sckipio recently announced several "world's firsts" including a 24-Port G.fast distribution point unit (DPU), a single-port G.fast DPU with dynamic time assignment, and a joint implementation of collective dynamic time assignment technology running on a 16-port vectored G.fast DPU.

"The Sckipio team is delivering breakthrough technology for the G.fast industry and gives telcos a huge competitive advantage over cable companies in performance," said David Baum, co-founder and CEO of Sckipio. "We are honored to be recognized as a Deloitte Israel Fast 50 Rising Star."

About Sckipio
Sckipio, the leader in G.fast, develops award-winning, standards-compliant G.fast modems used to enable ultra-broadband access and mobile backhaul. Sckipio partners with more than 30 companies globally on G.fast and is one of the leading contributors to the ITU-T standard. For more information about Sckipio, visit our website at www.sckipio.com. For more information, follow us on LinkedIn, SlideShare, and Twitter @SckipioTech.

Image Available: http://www.marketwire.com/library/MwGo/2016/11/30/11G123763/Images/Deloitte_Fast50_RisingStar_-01-f2f0bdfa1e4d901aa8d9aabfe32ec20c.jpg

Contact Information:

Media Contacts:
Rainier Communications
Marianne Dempsey/Michelle McMahon
sckipio@rainierco.com
508-475-0025

Deloitte Fast 50, Deloitte, Sckipio