SOURCE: IneoQuest Technologies

April 30, 2007 17:10 ET

IneoQuest Named Sixth Fastest-Growing Company in Massachusetts

Boston Business Journal's 'Pace Setter Awards' Recognizes IP Video Expert's 604 Percent Growth Rate and Commitment to Providing Opportunities in Massachusetts

MANSFIELD, MA -- (MARKET WIRE) -- April 30, 2007 -- IneoQuest Technologies, Inc., the leader in Multi-Dimensional Video Quality Management Systems and global provider of advanced quality and service assurance solutions for IP Video, has been named the sixth fastest-growing company in the state of Massachusetts by the Boston Business Journal. The designation was made official during the First Annual Pace Setter Awards ceremony, held in Boston on April 13th.

IneoQuest demonstrated significant personnel, technological and financial expansion in 2006 and has experienced a three-year growth-rate exceeding 604 percent. Illustrating continued leadership in the IP video market sector, the company recently unveiled IQPinPoint™, the industry's only video quality management platform designed specifically for reducing network operational expenses (OPEX) for video service providers (visit http://www.ineoquest.com/content379.html for more information). IneoQuest also researches, designs and builds both the hardware and software in its own manufacturing facility in Mansfield, Mass.

"IneoQuest and companies like it are what drive business and job growth in the Massachusetts economy," said Boston Business Journal Publisher Michael Olivieri. "As a group, the 60 companies we honor as Pace Setters have grown revenue by more than 80 percent over the past three years. These are the companies that represent the future of Massachusetts." The Boston Business Journal surveyed hundreds of private companies in Massachusetts and ranked the 60 companies with the highest three-year revenue growth to create the list for Pace Setters: The Area's Fastest-Growing Private Companies.

"We are honored to be recognized as one of Boston Business Journal's top 10 Massachusetts-based companies," said Marc A. Todd, CEO of IneoQuest. "One of our goals when starting this company was to provide high-quality jobs for as many of the region's talented engineers as possible. I'm pleased that companies like IneoQuest and other Pace Setter Award winners are being recognized for such accomplishments."

About IneoQuest Technologies

IneoQuest Technologies, Inc., the leader in Multi-Dimensional Video Quality Management Systems, is a global provider of advanced quality and service assurance solutions for IP Video, serving customers in the telephony, cable, broadcast and network equipment industries worldwide. The company enables its customers with unique combinations of hardware, software and services to design, build, deploy, and manage IPTV networks. Headquartered in Mansfield, Massachusetts, IneoQuest has sales operations in the US, Asia and European regions. More information is available at www.IneoQuest.com

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