On Fire #2: Funmobility

FunMobility Named by Deloitte & Touche as One of the Fastest Growing Technology Companies in the Country
'Fast 50' Award Recognizes FunMobility's Growth and Success in the Wireless Sector; Company ranks 8th in Media and Internet in Silicon Valley; 122nd in North America


PLEASANTON, Calif., Oct. 27 /PRNewswire/ -- FunMobility, Inc., a leading developer and publisher of wireless entertainment technology for wireless carriers and mobile phone users, has been named to Deloitte & Touche's Technology Fast 50, a compilation the 50 fastest growing technology companies in the Silicon Valley region. The company was also named to Deloitte's Technology Fast 500 for being one of the 500 fastest growing tech companies throughout the USA and Canada. Both awards are based on measurements of each company's percentage revenue growth over the past five years. With five-year growth rate of more than 1600%, FunMobility ranked 8th in its regional category, and 122nd in North America.

"This is an tremendous accomplishment, especially considering we're participating in the most competitive technology market in the country," said Adam Lavine, FunMobility's CEO. "I'm very proud of our team for the dedication they've shown, and we feel the best is yet to come."

"To rank on Deloitte's Technology Fast 50, companies must have phenomenal revenue growth over five years," said Mark Jensen, National Director of the Venture Capital Services Group for Deloitte & Touche LLP. "FunMobility has proven to be one of the fast-growth success stories in Silicon Valley, and we applaud their dedication to making their vision a reality."

The Technology Fast 50 award is given to the top 50 performers in each of 16 regions across the USA and Canada. Winners from these regions are automatically entered in The Technology Fast 500, with the top 500 firms receiving the additional recognition.

About FunMobility

FunMobility is a company dedicated to revolutionizing how people use their mobile phones to interact with multimedia content and each other by providing applications and services that enable creativity, personalization, and community building. FunMobility's FLEX Mobile Application Platform(TM) is comprised of interchangeable modules featuring content, applications, and services supported by proprietary implementation technology. These modules can be deployed as a complete solution, or as stand-alone components that work within a carrier's existing mobile services offering, providing carriers with unparalleled flexibility, greater reliability, and faster time-to-market. FunMobility provides carriers with some of the industry's most popular and successful mobile applications, including Wallpaper Universe(TM), America's Best Mobile Pix(TM), Ringtones Universe(TM) TrueTones Universe(TM), Mobile Comics Network(TM), Personalized Wallpaper(TM), MyTonz(TM), MyScreenz(TM), Imagenes Calientes(TM) and FunMobility Animated Greetings(TM). FunMobility's mobile applications and services are distributed through major carriers across the globe, including, Verizon Wireless, Alltel, Sprint PCS, U.S. Cellular, Cingular Wireless, and many others. FunMobility has achieved an industry reputation for creativity, innovation and reliability, and is considered one of the industry's most unique wireless entertainment companies. For more information, please visit www.FunMobility.com .