Madgex selected as one of the Tech Media Invest Top 100 companies in the UK

Europe-Unlimited, Europeís leading event organisers for investors and technology companies, revealed that Madgex, a leading software company based in Brighton, has been selected in its 2009 Tech Media Invest Top 100 list.

Tech Media Invest Top 100 in association with The Guardian, PricewaterhouseCoopers and Kemp Little, is a list of the hottest emerging and most innovative companies in the ever converging tech and media industries right now. Simon Conroy, CEO of Madgex said; ëWe are delighted to have been chosen as a key UK company for the future in the Tech Media Invest Top 100 list. This achievement reinforces our mission to be the most successful global provider of trusted online recruitment solutions and softwareí.

The current economic climate is challenging most businesses in the UK large or small, however innovation in the technology and media industry continues apace as the edges blur between these industries, digital transformation continues, social networking transfers to the business environment and consumers increasingly demand mobile content and real time solutions any time any place anywhere.

William Stevens, CEO of Europe Unlimited commented ìThe Tech Media Invest 100 aims to showcase young entrepreneurial companies that are developing innovative new ways to serve business and consumers, and have the potential to radically change the shape of the technology and media industry, Some companies may go on to be the leaders of tomorrow and others may falter but we certainly think these companies have potential and look forward to seeing how they monetise their innovation.î

The Tech Media Invest Advisory Board deployed a detailed process to whittle down a pool of eligible, promising companies to get to the top 100 winners. Evaluations were made on both quantitative and qualitative criteria, such as financial performance, innovation, management, global strategy, and ecosystem integration.

Companies were either self-nominated or nominated by the Tech Media Invest Advisory Board. Their submissions were scored by Board members who due to the number of applicants imposed strict eligibility and assessment criteria on the companies applying. This meant that companies which are, for example, technology companies outside digital media, consultancies, digital agencies or infrastructure companies or which did not meet the strict criteria were not eligible for inclusion. The results were moderated by the Board which consisted of some of the UKís most experienced investors in modern technology and media - a mix of venture capitalists, investment analysts, professional advisers and technology lawyers, who applied their expertise to identify the best performers and the ones to watch.

The Top 100 list comprises of the following:

- Top 10 - these are the UKís top 10 entrepreneurial tech and media companies as ranked and judged by the Advisory Board

- The rest of the Top 100 – the 90 best UK emerging and innovative tech and media companies

- Trailblazers – 10 companies chosen by the Advisory Board because they have all flourished in new tech and media markets